Wednesday, April 25, 2018

CSL Behring leases 500 N. Gulph in King of Prussia

Natalie Kostelni Reporter Philadelphia Business Journal
Brandywine Realty Trust has leased 500 N. Gulph Road in King of Prussia to CSL Behring.

The biopharmaceutical company leased the 100,820-square-foot building because it needed room for expansion. CSL Behring is an existing tenant of Brandywine and occupies 257,000 square feet of space at 1020 First Ave., which is about a mile away from the Gulph Road building. 

In February, Brandywine initiated a $29.7 million redevelopment of 500 N. Gulph. The five-story building has essentially been vacant for years and ripe for redevelopment.

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