Posts Tagged: Wanamaker Building

Wanamaker building owner eyes residential shift amid 35% office occupancy

Wanamaker building owner explores residential conversion as office occupancy hits 35%

The owner of the iconic Wanamaker building contemplates transforming its office space into residential units due to ongoing tenant departures. Since the 112-year-old property entered receivership in September, Rubenstein Partners has been steering the future of this 1.4 million-square-foot site. In a statement to the Philadelphia Business Journal, Rubenstein acknowledged the challenges within Philadelphia’s central… Read more »

LevLane Relocates, Downsizes, and Joins Tenant Exodus from Wanamaker Building

LevLane Moves from Wanamaker Building to One Logan Square Amid Tenant Exodus

LevLane, a long-time resident of the Wanamaker building, has shifted its Center City headquarters to One Logan Square, reflecting the ongoing trend of businesses downsizing and seeking more appealing office spaces in light of the rise in hybrid and remote work arrangements. This transition took place over the summer, and the advertising agency now occupies… Read more »