Big Mill 1079 Buys Big Mill Apartments in Philadelphia

Reported Oct 16, 2026 · Source: Lehigh Valley Business

Source: Lehigh Valley BusinessRead the full report at Lehigh Valley Business ↗

Deal details

Buyer
Big Mill 1079, LP (SPM Real Estate Group for buyer)
Seller
Shuman Development Group (NAI Keystone for seller)
Price
$13.35M
Size
Six-story mixed-use building
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
Lehigh Valley & Eastern Pennsylvania
Metro
Philadelphia
Reported date
Oct 16, 2026

Summary

The property was purchased by Big Mill 1079, LP for $13.35 million. The big mill apartments, a historic mixed-use property in reading, sold. Source: Lehigh Valley Business.

Summarized from the article; the quoted lines below are from the article itself.

Source: Lehigh Valley Business

Read the full report at Lehigh Valley Business. What the article says:

  • Deal
    The big mill apartments, a historic mixed-use property in reading, sold. The property features residential, office, medical, and retail spaces.
  • Deal
    Reading’s Big Mill Apartments sold
  • Price / Buyer
    The property was purchased by Big Mill 1079, LP for $13.35 million.
  • Seller
    The property was most recently redeveloped in 2015 by Shuman Development Group and was honored with the Pennsylvania Historic Preservation Award, recognizing the quality and significance of its preservation and redevelopment.

Article date: 2026-10-16T12:51:13+00:00

Frequently asked questions

Who bought Big Mill Apartments?
Big Mill 1079 bought Big Mill Apartments in Lehigh Valley & Eastern Pennsylvania, Philadelphia, according to Lehigh Valley Business.
How much did Big Mill Apartments sell for?
The reported price is $13.35M, per Lehigh Valley Business.
Who sold Big Mill Apartments?
The seller was Shuman Development Group, per Lehigh Valley Business.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.