Ballinger Renews Lease in Downtown Philadelphia

Local Architecture Firm Signs Large Office Lease

 

Local architecture firm Ballinger renewed its 78,951-square-foot lease at HCP’s Class A office building in Philadelphia.

The 708,361-square-foot building at 833 Chestnut St. was built in 1926 and renovated in 2006. The 14-story, 4-Star property spans 1.6 acres across from the 8th and Market Street train station.

Hether Smith with Savills Studley represented the tenant in negotiations.

HCP originally purchased the building, which is managed by Lincoln Harris CSG, in April 2015, CoStar data shows.

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