Saturday, July 7, 2018

Recent Philadelphia Leasing Deals

by Steve Lubetkin,
Three office lease were arranged for approximately 11,045 square feet of downtown space with a combined aggregate rental exceeding $1.4 million.
Two companies will relocate to 1608 Walnut Street and a third firm to 1218 Chestnut Street. At 1608 Walnut, the Trust for Public Land has leased approximately 3,600 square feet on the third floor of the 19-story building in a relocation from 1501 Cherry Street. In the second lease at 1608 Walnut, SP Plus Corporation is moving from 1835 Market Street to 1,845 square feet on the eighth floor. At 1218 Chestnut Street. Blackfynn Apex Holdings expanded its offices to 5,600 square feet on the eight floor, from smaller offices at 121 South Broad Street. Blackfynn is a privately-owned life sciences company. SP Plus Corporation is a diverse provider of professional parking, ground transportation, facility maintenance, security, and event logistics services to real estate owners and managers in a wide array of markets.

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