PIMCO Faces Rare AAA Losses as Philadelphia Centre Square Sells for Seventy Million

By TRD Staff · The Real Deal · 2026-09-25

PIMCO Faces Rare AAA Losses as Philadelphia Centre Square Sells for Seventy Million

According to The Real Deal, a judge has cleared the sale of the 1.8-million-square-foot Centre Square office complex to PMC Property Group and Dean Adler. The transaction triggers a significant financial hit for PIMCO, which holds a substantial stake in the property's top-tier de

According to The Real Deal, a judge has cleared the sale of the 1.8-million-square-foot Centre Square office complex to PMC Property Group and Dean Adler. The transaction triggers a significant financial hit for PIMCO, which holds a substantial stake in the property's top-tier de