MLP Ventures has acquired two office buildings at Renaissance Park in King of Prussia for $41.8 million, adding to the company’s real estate holdings in that part of Upper Merion. MLP bought 2201 Renaissance Blvd., a 133,880-square-foot building on 15 acres, for $27.9 million, or $208 a square foot, and 2100 Renaissance Blvd., a 98,726-square-foot… Read more »
Posts By: WCRE
Exclusive: GSK moving out of Philadelphia Navy Yard to smaller space at FMC Tower
GlaxoSmithKline is relocating corporate operations now based at the Philadelphia Navy Yard into FMC Tower at Cira Centre South in University City, joining the University of Pennsylvania and Spark Therapeutics in the building and bringing it closer to one of the city’s burgeoning life sciences hubs. The global pharmaceutical company will be leasing 46,000 square… Read more »
Premier Philly Office Space for Sale on Locust Street
Wolf Commercial Real Estate, the leading Philly commercial real estate brokerage firm that specializes in Philly commercial real estate listings and services, is offering premier Philly office space for sale at 1200 Locust Street Philadelphia PA. The property containing this Philly office space is in a four-story building and this Philly office building for sale… Read more »
After 30 years in Chesterbrook, AmerisourceBergen opens new headquarters in Conshohocken
AmerisourceBergen Corp. has moved into its new headquarters in Conshohocken and exited Chesterbrook, where it spent the last three decades growing into what is now a Fortune 500 company with $189.9 billion in revenue. The 11-story, 429,122-square-foot office building at 1 W. First Ave. is part of Keystone Property Group’s $325 million Sora West mixed-use… Read more »
Rite Aid Corp. to move HQ to Philadelphia Navy Yard
Rite Aid Corp. will relocate its headquarters to the Philadelphia Navy Yard, after having spent decades based in Camp Hill. The company leased 23,500 square feet at 1200 Intrepid Ave. and will open what it is calling an “enterprise headquarters” as part of an effort to redefine how it envisions its employees working as a… Read more »
Fully Built-Out Philly Office Space for Sale in Center City
Wolf Commercial Real Estate, a leading Philly commercial real estate brokerage firm that specializes in Philly commercial real estate listings and services, is now offering Philly office space for sale at 1200 Locust Street Philadelphia PA. This Philly office building for sale is housed in a four-story structure and this office space for sale in… Read more »
Historic Center City building housing the Philadelphia Inquirer comes up for sale
An historic Center City building housing the Philadelphia Inquirer as well as three separate divisions of the General Services Administration has been put up for sale, and one estimate has it trading for upwards of $180 million. The Commonwealth of Pennsylvania is the largest tenant at the 13-story, nearly 700,000-square-foot property at 801 Market St…. Read more »
Highly Visible Philly Office Space for Lease in Havertown
Wolf Commercial Real Estate, the leading Philly commercial real estate brokerage firm that specializes in Philly commercial real estate listings and services, is offering highly visible Philly office space for lease at 500 East Township Line Road Haverford PA. Please call for the asking lease price of this office space for lease in Philly. This… Read more »
Two-Story Philly Office Building for Sale or Lease in Havertown
Wolf Commercial Real Estate, a leading Philly commercial real estate brokerage firm with expertise in Philly commercial real estate listings and services, now has available Philly office space for sale or lease in a two-story building at 500 East Township Line Road Havertown PA. This office space in Philly is ideal for professional, retail, or… Read more »
More Center City Office Landlords are Seeking Refuge in Lab Space Conversions
The owner of a 120,000-square-foot office building on Chestnut Street is willing to spend more than $40 million to convert it into lab space in a play to attract life sciences companies and fill its pending vacant space. Rebranded as 2323 Chestnut St., Miller Investment Management is marketing the building long known as 2301 Chestnut… Read more »