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 »
Posts Categorized: Philly Office Space
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 »
TODD MONAHAN JOINS WCRE AS EXECUTIVE VICE PRESIDENT & MANAGING DIRECTOR TO LEAD PA & NJ GROWTH
Wolf Commercial Real Estate (WCRE) proudly announces the hiring of Todd Monahan to lead the firm’s growth in the Pennsylvania & New Jersey markets. As Executive Vice President & Managing Director, Monahan will leverage his extensive industry experience to develop and implement effective growth strategies as WCRE approaches its tenth anniversary. Monahan’s new role comes… Read more »
QVC parent company sells West Chester building for $17.5M
Qurate Retail Group, the parent company of QVC Inc. and the Home Shopping Network, has sold one of its buildings in West Chester for $17.5 million, having determined it no longer needed the space as the company embraces a flexible work arrangement going forward. Parsons 1365 LLC, an entity affiliated with Communications Test Design Inc.,… Read more »
Local sublease space mounts as companies trickle back to offices, figure out how much room they need
Five Below Inc. is trying to sublease 42,000 square feet at its Philadelphia headquarters, deciding it no longer needs the space it grabbed two years ago for future expansion. If possible, it wouldn’t mind getting rid of an additional 26,000 square feet for a grand total of 68,000 square feet. The company is “evaluating a hybrid model… Read more »
Dechert Signs Short-Term Lease Renewal at Cira Centre, Reduces Space by More than Half
Dechert has signed a short-term renewal on about 109,000 square feet of office space over four floors at Cira Centre. Dechert, one of Philadelphia’s largest law firms, had been in discussions for some time with the building’s landlord, Brandywine Realty Trust, to occupy four floors in the upper section of Cira Centre. The firm had… Read more »
Biomeme Signs Deal to Double Space, Relocate Center City Headquarters
Biomeme Inc., a diagnostic startup behind a rapid Covid-19 test, has signed a lease on 44,000 square feet to relocate its headquarters, lab and production space to 401 N. Broad St. in Center City. The company is currently housed in about 20,000 square feet at 1015 Chestnut St. and has grown during the pandemic as… Read more »
New labs and offices to rise at Navy Yard as part of recently chosen team’s first $400M phase of development
Ensemble Real Estate Investments and Mosaic Development Partners are preparing to break ground on two new biotech buildings at the Navy Yard, their first projects since being selected last year to lead an expected $2.5 billion in fresh development over 109 acres of the former barracks in South Philadelphia. The two life-science projects ― a… Read more »