Posts By: WCRE

Bucks County office complex sees flurry of leases, nears full occupancy

Biohaven Pharmaceuticals Inc. has leased 21,000 square feet at Makefield Crossing to establish a new, Philadelphia-area presence, and is part of several other deals signed at the Bucks County office complex that chips away at its vacancy. Ten deals totaling nearly 100,000 square feet were signed at the Bucks County office complex, bringing its occupancy… Read more »

Center City Philadelphia Office Landlords Not Afraid to Ask for More

Given the city’s notorious wage tax and slow-but-steady pace of office leasing, Center City Philadelphia office owners aren’t used to seeing their market listed at the top of the charts in national rankings. This is particularly the case given that the list of office tenants moving into Center City, while growing, is still somewhat limited…. Read more »

Prime Philly Office Space for Lease in Audubon

Wolf Commercial Real Estate, a premier Philly commercial real estate brokerage firm with expertise in Philly commercial real estate listings and services, now has available prime Philly office space for lease at 904 Jefferson Avenue Audubon PA. The shell space that enables a custom tenant fit out at this Philly office building for lease at… Read more »

Philly Office Space for Lease at 2 Penn Center

Wolf Commercial Real Estate, a Philly commercial real estate brokerage firm that specializes in Philly commercial real estate listings and services, now has available Philly office space for lease at 2 Penn Center Philadelphia PA. The asking lease price for this Philly office space at 2 Penn Center Philadelphia PA is $28.00/SF Full Service; this… Read more »

Center City Outperforms the Suburbs as Philadelphia’s Office Market Enters 2020

Philadelphia’s office market rounded out a great year in 2019, with vacancies holding near 20-year lows, and rent growth clocking in at 4%. But beneath the market level statistics, a noticeable divide in performance between Center City and the suburbs exists. Urban core submarkets, including University City and Market Street West, remain well tied to emerging industries that drive… Read more »

Well-Located Philly Office Space for Sale or Lease in Abington

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 well-located office space in Philly for sale or lease at 1021 Old York Road Abington PA. Ideal for professional office or medical use, this Philly office space for sale or… Read more »

Another Navy Yard building trades for $61.2M

As part of its divestment in office properties, Liberty Property Trust has closed on the sale of a building that houses Axalta Coating Systems Ltd.’s Global Innovation Center at the Philadelphia Navy Yard for $61.2 million. Apex Capital Management, a subsidiary of Dimah Capital of Kuwait, bought the building at 1050 Constitution Ave. The sale… Read more »

Freestanding Philly Office Space for Lease in Audubon

Wolf Commercial Real Estate, a premier Philly commercial real estate brokerage firm with expertise in Philly commercial real estate listings and services, is now offering freestanding Philly office space for lease at 904 Jefferson Avenue Audubon PA. The shell space at this Philly professional office space for lease enables a custom tenant fit-out. This professional… Read more »

Akin Gump is taking 30,000 square feet at 1735 Market St. in Philadelphia

A year after purchasing 1735 Market St. in Center City, Silverstein Properties has landed international law firm Akin Gump Strauss as a tenant and expanded one of its long-term tenants in the office building to push the occupancy well north of 90%. Now at Two Commerce Square, Akin Gump signed a 16-year lease on 30,000… Read more »