Brandywine Realty Trust has closed on a $383 million joint venture with two investors to purchase Cira Square, an 863,000-square-foot building in the University City neighborhood of Philadelphia that is leased to the Internal Revenue Service through 2030. Aside from Brandywine, the investors were not disclosed in Brandywine’s first quarter results late Wednesday but sources… Read more »
In Center City West, numerous developments are under construction or are in planning stages. At 60 North 23rd Street, the two-tower Riverwalk complex stands next to the Schuylkill River. Designed by Gensler and developed by the PMC Property Group, the north tower stands 315 feet tall and 28 stories, while the south tower stands 363 feet tall and 32 stories high. The project… Read more »
The new $200 million Morgan Lewis & Bockius headquarters under development at 2222 Market St. in Center City is heading into the final stretch with the glass enclosure of the building expected to be completed this summer. Once that is done, the interior fit out of the space will begin and anticipated to take another… Read more »
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… Read more »
Wolf Commercial Real Estate, a premier Philly commercial real estate brokerage firm with expertise in Philly commercial real estate listings and services, is now offering Philly office space for sale at 301 Oxford Valley Road Unit 1603 Yardley PA. Please call for the asking sale price for this office space in Philly and there is… Read more »
Wolf Commercial Real Estate, a premier Philly commercial real estate brokerage firm with expertise in Philly commercial real estate listings and services, now has available Philly office space for sale at 301 Oxford Valley Road Suite 1603 Yardley PA. There is one suite with +/- 2,260 square feet of Philly office space for sale available… Read more »
Wolf Commercial Real Estate, the leading Philly commercial real estate brokerage firm that specializes in Philly commercial real estate listings and services, is offering prime Philly office space for sale at 1200 Locust Street Philadelphia PA. The property containing this Philly office space is a four-story building and this Philly office space for sale is… Read more »
Wolf Commercial Real Estate, the leading Philly commercial real estate brokerage firm that specializes in Philly commercial real estate listings and services, is offering Philly office space for lease at 500 East Township Line Road Haverford PA. There is +/-12,000 sf of office space available at this Philly office space for lease and interested renters… Read more »
Lubert-Adler Partners has secured a $220 million loan to refinance 2400 Market St., a 592,476-square-foot Center City office building that is anchored by Aramark Corp.’s headquarters. Deutsche Bank issued the loan and terms were not disclosed. In 2014, a partnership between two Philadelphia real estate firms — PMC Property and Lubert-Adler — paid $42 million… Read more »
More than a year after breaking ground on 2222 Market St., a new $200 million Center City headquarters for Morgan Lewis, the building marked its topping off and provided enough time for the law firm to make some adjustments to its interior design to reflect the new normal of office work. The firm did not undertake… Read more »
