Wolf Commercial Real Estate, a leading Philly commercial real estate brokerage firm that specializes in Philly commercial real estate listings and services, is now offering Philly office space for sale at 1200 Locust Street Philadelphia PA. This Philly office building for sale is housed in a four-story structure and this office space for sale in… Read more »
The owner of a 120,000-square-foot office building on Chestnut Street is willing to spend more than $40 million to convert it into lab space in a play to attract life sciences companies and fill its pending vacant space. Rebranded as 2323 Chestnut St., Miller Investment Management is marketing the building long known as 2301 Chestnut… Read more »
Wolf Commercial Real Estate (WCRE) proudly announces the hiring of Todd Monahan to lead the firm’s growth in the Pennsylvania & New Jersey markets. As Executive Vice President & Managing Director, Monahan will leverage his extensive industry experience to develop and implement effective growth strategies as WCRE approaches its tenth anniversary. Monahan’s new role comes… Read more »
Qurate Retail Group, the parent company of QVC Inc. and the Home Shopping Network, has sold one of its buildings in West Chester for $17.5 million, having determined it no longer needed the space as the company embraces a flexible work arrangement going forward. Parsons 1365 LLC, an entity affiliated with Communications Test Design Inc.,… Read more »
Five Below Inc. is trying to sublease 42,000 square feet at its Philadelphia headquarters, deciding it no longer needs the space it grabbed two years ago for future expansion. If possible, it wouldn’t mind getting rid of an additional 26,000 square feet for a grand total of 68,000 square feet. The company is “evaluating a hybrid model… Read more »
Dechert has signed a short-term renewal on about 109,000 square feet of office space over four floors at Cira Centre. Dechert, one of Philadelphia’s largest law firms, had been in discussions for some time with the building’s landlord, Brandywine Realty Trust, to occupy four floors in the upper section of Cira Centre. The firm had… Read more »
Biomeme Inc., a diagnostic startup behind a rapid Covid-19 test, has signed a lease on 44,000 square feet to relocate its headquarters, lab and production space to 401 N. Broad St. in Center City. The company is currently housed in about 20,000 square feet at 1015 Chestnut St. and has grown during the pandemic as… Read more »
The Wanamaker building is facing 500,000 square feet of vacant space after Children’s Hospital of Philadelphia exercised an option to terminate its lease at the building and two other tenants decided to move out. The 1.4-million-square-foot building at 100 Penn Square East in Center City has 950,000 square feet of office space and the remainder… Read more »
A Charlotte real estate firm has paid $9.45 million for a 78,000-square-foot building at 1400 N. Howard St. in Philadelphia and plans to invest another $8 million to redevelop it. While the Charlotte real estate firm owns several High Street retail properties near Rittenhouse Square including 1704 Walnut St., it also has a growing presence… Read more »
Axlata Coating Systems Ltd. plans to close its Center City global headquarters office and move out of the 36,000 square feet it has occupied at Two Commerce Square for the last seven years. Employees working out of Philadelphia will relocate to either its 55,000-square-foot North American headquarters off Applied Bank Way in Glen Mills or… Read more »
