The owner of Spring Mill Campus is exploring a sale or recapitalization after significantly improving occupancy at the Conshohocken office complex. Alliance HP acquired the 508,500-square-foot property for $81 million in 2019. At the time, Spring Mill Campus was approximately 65% occupied. Since then, occupancy has increased to 86%. That improvement represents a notable turnaround… Read more »
Posts Tagged: Occupancy
What will happen to the Wanamaker Building? With occupancy plummeting, there’s no easy answer.
The office buildings facing the most vexing challenges are those with the lowest occupancy and highest debt. In Philadelphia, a prime example is the hulking Wanamaker Building, just east of City Hall. The office portion of this historic building is only 23% occupied and has been in receivership since September. Its historic status restricts renovation… Read more »


