An Irish technology product developer has signed a long-term lease for 50,000 square feet in Wayne, relocating its local office four miles east while reducing its footprint by 38%.

TE Connectivity will move into 680 E. Swedesford Road by January 2026, occupying the first two floors of the four-story, 102,000-square-foot building, which is set for a major renovation. The move marks a reduction from the company’s current 80,000 square feet at 1050 Westlakes Drive in Berwyn, owned by Brandywine Realty Trust.

A global leader with $16 billion in annual revenue and 85,000 employees, TE Connectivity (NYSE: TEL) relocated its headquarters from Switzerland to Ireland last year.

*Article courtesy of Philadelphia Business Journal

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