Comcast and the Philadelphia 76ers are no strangers to working together, and their latest partnership is part of an effort to revitalize the struggling ...

Development Market East Provided image/Gensler Harris Blitzer Sports & Entertainment, which owns the Sixers, and Comcast Corp. have purchased the former Rite Aid building at 10th and Market streets.

The partnership purchased 920-934 Market St. for $23.5M, 936-938 Market St. for $6.75M, 1000-1008 Market St. for $15M, and 1010-1024 Market St. for $10.75M.

76ers owner Harris Blitzer Sports & Entertainment and Comcast buy former Rite Aid on Market Street, signaling progress in East Market revitalization plans.

The sites include 920–934 Market Street, 936-38 Market Street, 1000–1008 Market Street and 1010–24 Market Street. The low-rise properties have been used for retail space.

Harris Blitzer Sports Entertainment (HBSE)—which owns the Philadelphia 76ers—and Comcast purchased multiple properties along two sections of East Market Street, signaling a joint commitment to ...