Thursday, June 7, 2018

AmerisourceBergen Selects SORA West for 400,000-SF HQ Consolidation

AmerisourceBergen has decided on Keystone Property Group's SORA West development in Conshohocken, PA to house a new consolidated headquarters.

Signing a 400,000-square-foot office lease there, the firm will consolidate and expand its operations, currently spread between Conshohocken and Chesterbrook, PA

With plans to house approximately 1,500 employees at the new site, AmerisourceBergen – with more than 21,000 associates worldwide – provides products and services as a partner in the pharmaceutical supply chain for thousands of healthcare providers, veterinary practices, livestock producers and global manufacturers.

"It is extremely exciting that Pennsylvania’s largest company by revenue is making a long-term commitment to the region in a way that will optimize operations and collaboration within the company. In addition, Conshohocken gets a new landmark that will be a catalyst in its continued growth as a semi-urban environment," said David R. Binswanger, president and chief executive of Philadelphia-based Binswanger, which represented AmerisourceBergen in its search.

The site is located at Fayette and Elm Streets in Montgomery County. When the project delivers in 2020, it will include the 400,000-square-foot office building in addition to a 1,500-stall parking garage, a 125-room hotel, public spaces and street-level retail and restaurants.

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