Friday, August 17, 2012

Philadelphia's Select Top Office Leases for Q2 2012

The following is an account of the Philadelphia market's select top five office lease transactions for second quarter 2012.

Morgan, Lewis & Bockius LLP renewed its lease for 309,234 square feet at Market Street 1701 in Market Street West. The building is owned by Lexington Realty Trust.

Cozen O'Connor leased 193,136 square feet at One Liberty Place in Market Street West. The landlord is  Metropolis Investment Holdings, Inc.

Marsh, Inc. leased 102,608 square feet at Three Logan Square in Market Street West.

Accolade LLC leased 89,878 square feet at 660 W. Germantown Pike in Plymouth Meeting. Brandywine Realty Trust, the landlord,  was represented in-house.

Auxilium Pharmaceuticals, Inc. leased 74,516 square feet at Chesterbrook in Wayne. The landlord is Pitcairn Properties.

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