Tuesday, June 12, 2018

Haverford Station Road property sells, LuckyVitamin expands

by: Natalie Kostelni Reporter Philadelphia Business Journal

$16.4 million

Cabot Properties paid $16.4 million for 444 E. North Lane, a 174,400-square-foot warehouse in Conshohocken. The seller was not disclosed. The building was built in 1974 and fully leased to David’s Bridal. John Plower and James Galbally of JLL arranged the transaction.

24,200 square feet

LuckyVitamin, which split from GNC, signed a long-term lease on 24,200 square feet at Spring Mill Corporate Center at 1100 E. Hector St. in Conshohocken. The company added 5,700 square feet to its existing 18,500-square-foot lease.

31,000 square feet

Independence Blue Cross will relocate its Independence Center for Innovation into 31,000 square feet at its headquarters at 1901 Market St. in Philadelphia. The innovation center is now in 1700 Market St. and will open next year. IBC also occupies other space along West Market Street. It has a call center at 1900 Market and Independence Live, a 10,000-square-foot center at 1919 Market.

Full story: https://www.bizjournals.com/philadelphia/news/2018/06/06/haverford-station-road-property-sells-luckyvitamin.html?s=print

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