Hanwha Philly Shipyard has expanded its Navy Yard footprint with a new 64,380-square-foot office lease. The shipbuilder will occupy three floors at 201 Rouse Boulevard, an 80,000-square-foot office building. Overall, Hanwha will occupy more than 80% of the property. The building sits approximately 1.3 miles from Hanwha’s 115-acre shipyard along the Navy Yard waterfront. Notably,… Read more »
The Pennsylvania Horticultural Society is relocating its longtime Philadelphia headquarters with a new lease at 1900 Market Street. PHS signed a 16-year lease for approximately 18,000 square feet at the former Philadelphia Stock Exchange building. The nonprofit will occupy space on the ground floor and within a lower-level atrium. The move takes PHS just two… Read more »
BNY is continuing to reshape its Philadelphia-area office footprint. This time, the financial institution plans to consolidate several suburban locations into a new regional hub. The company signed a lease for more than 41,650 square feet at 965 Chesterbrook Boulevard in Wayne. The new office is expected to open next year. BNY has not identified… Read more »
Saint-Gobain has renewed the lease for its North American headquarters in Malvern, Pennsylvania. The renewal secures the company’s presence at the campus through at least 2042. Saint-Gobain and its subsidiary CertainTeed Corp. fully occupy the 321,226-square-foot campus at 18–20 Moores Road, near Route 202. The lease transaction is valued at more than $100 million, according… Read more »
CBS has renewed its office lease at 1500 Spring Garden Street in Center City Philadelphia. The broadcaster signed a long-term extension for 74,000 square feet. The lease includes 62,000 square feet on the sixth floor and 12,000 square feet in the lower level. The lower-level space supports the company’s vehicle fleet. CBS operates KYW-TV (CBS… Read more »
Community Legal Services has signed a 13-year lease for 32,500 square feet at 123 S. Broad Street in Philadelphia. The nonprofit will relocate from its longtime office at 1424 Chestnut Street in mid-2026. Approximately 35,000 square feet will be vacated after more than 30 years at the Chestnut Street location. The new lease provides occupancy… Read more »
Kirkland & Ellis has leased 29,000 square feet at 2005 Market St., taking the entire 10th floor of One Commerce Square in Center City. The move suggests the world’s highest-grossing law firm is laying the groundwork for significant growth in Philadelphia after entering the market earlier this year. Despite currently listing only four Philadelphia-based attorneys… Read more »
While many companies are downsizing, Power Home Remodeling is doubling down on in-person culture. The company has signed a 12-year, 250,000-square-foot lease at the Wharf at Rivertown in Chester — marking one of the largest office deals in the Philadelphia region since the pandemic’s shift to remote work. The lease expands Power’s footprint by 65,000… Read more »
Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey, has been appointed the exclusive listing agent for 325 South 22nd Street, Philadelphia, Pennsylvania. The Philadelphia property is available for lease. The property contains +/- 1,500 square feet with a big room being 975 square feet, conference room being 110 square… Read more »
A Philadelphia nonprofit has chosen to extend and enlarge its lease, standing out as one of the noteworthy office deals in the city this year. This decision reflects a growing trend among tenants to invest in larger office spaces. The Defender Association of Philadelphia, which provides legal assistance to underprivileged criminal defendants, has confirmed its… Read more »
