The new energy and momentum in King of Prussia continues to attract the interest of corporate headquarters in 2016.
Within the last six months, three significant leases were announced in KOP including:
- The Judge Group (151 South Warner Road)
- HTH Worldwide (955 First Avenue)
- Vertex, Inc. (2301 Renaissance Boulevard)
Combined, these companies will bring more than 1,000 new, high-paying jobs to KOP.
“King of Prussia is experiencing a surge in Class A office leasing activity,” said Eric Goldstein, King of Prussia District Executive Director. “Corporations seems to be attracted to the exciting amenities, low taxes, great schools, and business-friendly township.”
Vertex, a corporate tax solutions provider currently headquartered in neighboring Berwyn in Chester County, will consolidate its operations in multiple locations to one central location in KOP. The company’s new 180,000-square-foot national headquarters will bring 225 new, high-paying jobs to KOP over the next five years. That is in addition to the 560 existing employees who will now be located in KOP.
“The decision to move was the result of a thorough, multi-year process that included research, employee focus groups, and careful consideration of our progressive culture and strategic vision,” said Lainie Sitko, Vertex Director of Workplace Strategy. “This move will enable us to grow and evolve as we continue providing exceptional value to our expanding client base.”
In October 2016, The Judge Group – a leading global provider of professional services specializing in technology, talent, and learning solutions – opened its 90,000-square-foot corporate headquarters on South Warner Road. The new location allows for future growth and better access to amenities for its 235 employees.
Brandywine Realty Trust is currently constructing a build-to-suite, 110,00-square-foot office building for HTH Worldwide, in the newly rezoned King of Prussia business park.