Friday, May 24, 2013

Select Top Five Philadelphia Office Leases Signed in Q1 2013

The select top office lease signed during the first quarter of 2013 in the Philadelphia market was at 2801 Valley Rd. in the Harrisburg Area East submarket. Comcast leased 110,000 square feet there. Union Deposit Group represented the landlord. 

Brandywine Realty Trust inked a deal at its Mercy Health Systems building in the Conshohocken submarket totaling 77,943 square feet. 

Bristol-Myers Squibb leased 45,484 square feet at the Fort Washington Executive Center Building 601 in the Fort Washington / Spring House submarket. 

Discovery Laboratories, Inc. renewed its 39,594-square-foot lease at Stone Manor Corporate Center Building A in Lower Bucks County. 

This trend is compared to the U.S. National Office largest lease signings occurring in 2013, which include the 798,420-square-foot lease signed by Sony Corporation of America at 550 Madison Ave - Sony Building in the New York City market; the 646,000-square-foot deal signed by Macy’s Merchandising Group LLC at Matthew Bender Building also in New York City; and the 456,000-square-foot lease signed by Noble Energy, Inc. at SH 249 & Louetta Road in the Houston market.

No comments:

Post a Comment