Tuesday, January 7, 2014

Spring Mill Corporate Center signs leases

by Staff writer at the Philadelphia Business Journal

Kalmon Dolgin Affiliates Inc. saw robust leasing activity at its two Philadelphia area properties - the Pennsylvania Design and Distribution Center and Spring Mill Corporate Center.
The design and distribution center at 4700 Wissahickon Ave. in Philadelphia saw 388,000 square feet in new and renewed leases last year. For example, the City of Philadelphia renewed on 184,128 square feet and Taig Inc., which helps those with disabilities, renewed on 38,916 square feet.
At the Spring Mill Corporate Center at 1100 E. Hector Street in Conshohocken, Pa., the landlord recorded 42,555 square feet in renewals and new leases. Some of the deals included a 12,592-square-foot expansion for Connolly Consulting, a 9,141-square-foot renewal and expansion for Rex Medical, a medical device manufacturer, and a 3,750-square-foot new lease for Softgate Solutions, a retail payment exchange.

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