A business operated by Block Inc., a financial services company that owns Square among other brands, has signed a deal to occupy 35,000 square feet of office space at East Market in Philadelphia.
Cash App has leased the space at 1100 Ludlow St., a 225,000-square-foot office building. A spokeswoman from Block confirmed Cash App will move into the space but declined to provide additional details such as how many employees it will have working from the new Philadelphia office.
The deal brings the office building to 100% occupancy. Tenants include WeWork and architectural firm Bohlin Cywinski Jackson. SSH Real Estate oversees leasing of 1100 Ludlow.
*Article courtesy of Philadelphia Business Journal
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