Wolf Commercial Real Estate, the leading Philly commercial real estate brokerage firm that specializes in Philadelphia commercial real estate listings and services, is offering prime Philly office space to sublease across from City Hall in 2 Penn Center at 1500 John F. Kennedy Boulevard Philadelphia PA. The asking sublease price for this office space in… Read more »
At the height of the coronavirus pandemic, Piedmont Office Realty Trust has managed to get 1901 Market St. under agreement for $360 million. Known better as the headquarters for Independence Blue Cross, the 45-story, 801,000-square-foot office tower was put on the market in late February and was expected to trade for an estimated $370 million. Piedmont said… Read more »
Biohaven Pharmaceuticals Inc. has leased 21,000 square feet at Makefield Crossing to establish a new, Philadelphia-area presence, and is part of several other deals signed at the Bucks County office complex that chips away at its vacancy. Ten deals totaling nearly 100,000 square feet were signed at the Bucks County office complex, bringing its occupancy… Read more »
Given the city’s notorious wage tax and slow-but-steady pace of office leasing, Center City Philadelphia office owners aren’t used to seeing their market listed at the top of the charts in national rankings. This is particularly the case given that the list of office tenants moving into Center City, while growing, is still somewhat limited…. 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 prime Philly office space for lease at 904 Jefferson Avenue Audubon PA. The shell space that enables a custom tenant fit out at this Philly office building for lease at… Read more »
Philadelphia’s office market rounded out a great year in 2019, with vacancies holding near 20-year lows, and rent growth clocking in at 4%. But beneath the market level statistics, a noticeable divide in performance between Center City and the suburbs exists. Urban core submarkets, including University City and Market Street West, remain well tied to emerging industries that drive… Read more »
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 well-located office space in Philly for sale or lease at 1021 Old York Road Abington PA. Ideal for professional office or medical use, this Philly office space for sale or… Read more »
As part of its divestment in office properties, Liberty Property Trust has closed on the sale of a building that houses Axalta Coating Systems Ltd.’s Global Innovation Center at the Philadelphia Navy Yard for $61.2 million. Apex Capital Management, a subsidiary of Dimah Capital of Kuwait, bought the building at 1050 Constitution Ave. The sale… 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 freestanding Philly office space for lease at 904 Jefferson Avenue Audubon PA. The shell space at this Philly professional office space for lease enables a custom tenant fit-out. This professional… Read more »
Law firm Morgan, Lewis & Bockius LLP is moving from Center City’s core business district near City Hall to a new custom-built $200 million home near the banks of the Schuylkill, a hopeful sign in a city that has seen little ground-up office construction despite demand for commercial space. Morgan Lewis has signed a lease… Read more »
