Check Out Vert Properties’ latest purchase in Philadelphia! (Copy)

The Nelson building, once eyed for a new high-rise condominium tower, has finally sold after four years of falling in and out of agreement with multiple prospective buyers.

Vert Properties Inc., a South Jersey real estate firm, paid $4.8 million for the 30,000-square-foot building in the Society Hill neighborhood of Philadelphia. The brick structure sits at 222-230 Walnut St. between 3rd and Dock streets and adjacent to the Ritz Five movie theater.