Aramark, a food service, facilities and uniform services provider, signed a 15,857-square-foot lease at Nightingale Properties’ and Carlton Associates’ Class A office tower in Philadelphia.
The 686,503-square-foot, 29-story structure at 1835 Market St. was built in 1986 and renovated in 1997. The 4-Star property spans nearly an acre less than two blocks from the 19th Street light rail station.
ww.omegare.com
Tuesday, December 4, 2018
MCR Acquires Residence Inn Near Sesame Place in Langhorne, PA
by Steve Lubetkin, Globest.com
MCR, the sixth-largest hotel owner-operator in the United States, has acquired the 100-suite Residence Inn by Marriott Philadelphia Langhorne less than one mile from the Sesame Place theme park.
The hotel embraces the Sesame Street theme with characters and activities familiar to fans of the famous TV show and theme park.
The Residence Inn by Marriott Philadelphia Langhorne is located at 15 Cabot Boulevard East and features: 100 pet-friendly suites with fully-equipped kitchens , free full American breakfast, free fast Wi-Fi, a convenience store, heated indoor pool and a whirlpool spa, 24-hour fitness center with cardio equipment and free weights, A 24-hour business center, On-site laundry service,
www.omegare.com
MCR, the sixth-largest hotel owner-operator in the United States, has acquired the 100-suite Residence Inn by Marriott Philadelphia Langhorne less than one mile from the Sesame Place theme park.
The hotel embraces the Sesame Street theme with characters and activities familiar to fans of the famous TV show and theme park.
The Residence Inn by Marriott Philadelphia Langhorne is located at 15 Cabot Boulevard East and features: 100 pet-friendly suites with fully-equipped kitchens , free full American breakfast, free fast Wi-Fi, a convenience store, heated indoor pool and a whirlpool spa, 24-hour fitness center with cardio equipment and free weights, A 24-hour business center, On-site laundry service,
www.omegare.com
Pearl Properties Acquires Embassy Suites Center City Hotel at 1776 Benjamin Franklin Parkway
by Steve Lubetkin, Globest.com
Pearl Properties, the Center City-based real estate investment and development firm, has added a second hotel to its portfolio in the heart of Philadelphia with the acquisition of 1776 Benjamin Franklin Parkway, The Embassy Suites Center City Hotel. This recently renovated, all-suite hotel features 288 suites, 5,000 square feet of meeting space and a 150-space garage, all located at the gateway of Center City.
The Embassy Suites Center City Hotel is one block from the newly completed Comcast Technology Center, part of Comcast’s three million square-foot campus, the Pennsylvania Convention Center and numerous tourist attractions along the Parkway, including The Philadelphia Museum of Art, the world-renowned Barnes Foundation, The Rodin Museum and many others.
“In early 2018, Pearl opened the Cambria Hotel Philadelphia Downtown Center City on Broad Street because we saw strong fundamentals in the Center City hotel market for assets in prime locations,” says Reed Slogoff, principal of Pearl Properties. “And, as evidenced by our recent purchase of the former United Way headquarters directly across the Parkway at 1709 Benjamin Franklin Parkway, we’re equally bullish on the Parkway transformation that is well underway. As the area continues to see significant retail, commercial and residential development, we are confident The Embassy Suites Center City Hotel will benefit from our renewed focus and is perfectly situated to cater to business travelers, conventioneers and tourists.”
The Embassy Suites Center City Hotel features numerous enhancements following a recent renovation that included complete renovations of all guest rooms, common space, the lobby and elevators. Pearl says it has plans for additional upgrades that will include new restaurant spaces.
www.omegare.com
Pearl Properties, the Center City-based real estate investment and development firm, has added a second hotel to its portfolio in the heart of Philadelphia with the acquisition of 1776 Benjamin Franklin Parkway, The Embassy Suites Center City Hotel. This recently renovated, all-suite hotel features 288 suites, 5,000 square feet of meeting space and a 150-space garage, all located at the gateway of Center City.
The Embassy Suites Center City Hotel is one block from the newly completed Comcast Technology Center, part of Comcast’s three million square-foot campus, the Pennsylvania Convention Center and numerous tourist attractions along the Parkway, including The Philadelphia Museum of Art, the world-renowned Barnes Foundation, The Rodin Museum and many others.
“In early 2018, Pearl opened the Cambria Hotel Philadelphia Downtown Center City on Broad Street because we saw strong fundamentals in the Center City hotel market for assets in prime locations,” says Reed Slogoff, principal of Pearl Properties. “And, as evidenced by our recent purchase of the former United Way headquarters directly across the Parkway at 1709 Benjamin Franklin Parkway, we’re equally bullish on the Parkway transformation that is well underway. As the area continues to see significant retail, commercial and residential development, we are confident The Embassy Suites Center City Hotel will benefit from our renewed focus and is perfectly situated to cater to business travelers, conventioneers and tourists.”
The Embassy Suites Center City Hotel features numerous enhancements following a recent renovation that included complete renovations of all guest rooms, common space, the lobby and elevators. Pearl says it has plans for additional upgrades that will include new restaurant spaces.
www.omegare.com
Monday, December 3, 2018
Brandywine Plans 280K SF Trophy-Class Office Property in Plymouth Meeting, PA
by Steve Lubetkin, Globest.com
Brandywine Realty Trust will construct Metroplex Two, a 280,000 square-foot, trophy-class office building it says will introduce world-class architecture and urban design to the Philadelphia suburbs.
Located in the heart of Plymouth Meeting, Metroplex Two will serve as the signature component of Brandywine’s 23-acre master-planned Metroplex campus, currently home to Metroplex One, a 120,000 square-foot trophy-class office building. Designed to be a workplace of the future, the immersive environment will center around wellness, productivity and creativity, while offering unparalleled amenities, social interactions, collaborative work settings and advanced technology.
“Plymouth Meeting is one of the Greater Philadelphia region’s most sought after suburban markets. Following the success of Metroplex One, we saw significant value in creating a striking and innovative ground-up development that could attract large, forward-thinking brands to the region,” says Jerry Sweeney, president & CEO of Brandywine Realty Trust. “As part of a well-designed, amenity-rich complex adjacent to growing residential areas and transportation hubs, Metroplex Two will be an inspired workplace that fosters innovation and fresh ideas.”
New York -based NBBJ, a globally-renowned architecture firm specializing in driving innovation through the creation of highly productive and sustainable spaces, was selected to bring Brandywine’s vision for Metroplex Two to life. Merging visually arresting design and functional elegance, Metroplex Two will boast the most desired attributes of a creative, modern office, including open and efficient floorplates, loft-style workspaces, floor-to-ceiling windows featuring stunning views and an abundance of natural light.
Metroplex Two’s amenity-rich environment features several gathering spaces and three terraces—including a WiFi-enabled outdoor Sky Terrace, expansive lawn, and a state-of-the-art conference center. The Sky Terrace includes ample seating, fire pits, televisions, and The Lawn, a sprawling courtyard and greenspace, is perfect for both private convening and community-wide activities. Additional amenities include a parking garage, a secure package delivery room, a fitness center, and immediate access to the Cross County Trail which connects to the Schuylkill River Trail. There is a designated spot for food trucks, and outdoor seating areas to eat or collaborate.
Targeting LEED Silver certification and an Energy Star rating, the functional design of tiered metal panels sheathed in 10-foot floor-to-ceiling Low-E glass will enhance Metroplex Two’s visual appeal while respecting the environment.
The Metroplex campus seamlessly blends urban sensibility with daily accessibility. Its location makes it highly desirable and strategically positioned at the convergence of the Pennsylvania Turnpike (I-276), the Blue Route (I-476) and the Northeast Extension of the Pennsylvania Turnpike (I-476). This Mid-County Interchange access makes commuting seamless for employees and acts as a quintessential logistical hub with more than 88 million vehicles per day. The campus is also served by public transportation via Chemical Road and offers an effortless connection for bike commuters by way of the on-site Montgomery County Trail system and nearby Schuylkill River Trail.
The suburb of Plymouth Meeting is home to a wide variety of personal and business conveniences including high-end shopping centers, numerous restaurants, multiple hospitality options, fitness clubs and daycare centers. These additional nearby amenities offer tenants an extraordinary live, work, play lifestyle.
Metroplex Two anticipates seeing the same resounding success as Metroplex One, which is fully leased and home to an array of tenants from prominent law firms to leading healthcare companies.
“Metroplex Two is sensational, as it checks many boxes for tenants between its accessible location, sustainable design, extensive list of amenities, and exceptional tenant branding opportunities. It will offer any corporation the ultimate office environment and one the Philadelphia market has yet to experience. It’s the kind of building that will not only attract talent but make them never want to work anywhere else. The suburban location removes the pains of parking and employees will reap additional benefits from the fitness center, ample outdoor space, and the wide range of retail and restaurant options in the immediate area.”
www.omegare.com
Brandywine Realty Trust will construct Metroplex Two, a 280,000 square-foot, trophy-class office building it says will introduce world-class architecture and urban design to the Philadelphia suburbs.
Located in the heart of Plymouth Meeting, Metroplex Two will serve as the signature component of Brandywine’s 23-acre master-planned Metroplex campus, currently home to Metroplex One, a 120,000 square-foot trophy-class office building. Designed to be a workplace of the future, the immersive environment will center around wellness, productivity and creativity, while offering unparalleled amenities, social interactions, collaborative work settings and advanced technology.
“Plymouth Meeting is one of the Greater Philadelphia region’s most sought after suburban markets. Following the success of Metroplex One, we saw significant value in creating a striking and innovative ground-up development that could attract large, forward-thinking brands to the region,” says Jerry Sweeney, president & CEO of Brandywine Realty Trust. “As part of a well-designed, amenity-rich complex adjacent to growing residential areas and transportation hubs, Metroplex Two will be an inspired workplace that fosters innovation and fresh ideas.”
New York -based NBBJ, a globally-renowned architecture firm specializing in driving innovation through the creation of highly productive and sustainable spaces, was selected to bring Brandywine’s vision for Metroplex Two to life. Merging visually arresting design and functional elegance, Metroplex Two will boast the most desired attributes of a creative, modern office, including open and efficient floorplates, loft-style workspaces, floor-to-ceiling windows featuring stunning views and an abundance of natural light.
Metroplex Two’s amenity-rich environment features several gathering spaces and three terraces—including a WiFi-enabled outdoor Sky Terrace, expansive lawn, and a state-of-the-art conference center. The Sky Terrace includes ample seating, fire pits, televisions, and The Lawn, a sprawling courtyard and greenspace, is perfect for both private convening and community-wide activities. Additional amenities include a parking garage, a secure package delivery room, a fitness center, and immediate access to the Cross County Trail which connects to the Schuylkill River Trail. There is a designated spot for food trucks, and outdoor seating areas to eat or collaborate.
Targeting LEED Silver certification and an Energy Star rating, the functional design of tiered metal panels sheathed in 10-foot floor-to-ceiling Low-E glass will enhance Metroplex Two’s visual appeal while respecting the environment.
The Metroplex campus seamlessly blends urban sensibility with daily accessibility. Its location makes it highly desirable and strategically positioned at the convergence of the Pennsylvania Turnpike (I-276), the Blue Route (I-476) and the Northeast Extension of the Pennsylvania Turnpike (I-476). This Mid-County Interchange access makes commuting seamless for employees and acts as a quintessential logistical hub with more than 88 million vehicles per day. The campus is also served by public transportation via Chemical Road and offers an effortless connection for bike commuters by way of the on-site Montgomery County Trail system and nearby Schuylkill River Trail.
The suburb of Plymouth Meeting is home to a wide variety of personal and business conveniences including high-end shopping centers, numerous restaurants, multiple hospitality options, fitness clubs and daycare centers. These additional nearby amenities offer tenants an extraordinary live, work, play lifestyle.
Metroplex Two anticipates seeing the same resounding success as Metroplex One, which is fully leased and home to an array of tenants from prominent law firms to leading healthcare companies.
“Metroplex Two is sensational, as it checks many boxes for tenants between its accessible location, sustainable design, extensive list of amenities, and exceptional tenant branding opportunities. It will offer any corporation the ultimate office environment and one the Philadelphia market has yet to experience. It’s the kind of building that will not only attract talent but make them never want to work anywhere else. The suburban location removes the pains of parking and employees will reap additional benefits from the fitness center, ample outdoor space, and the wide range of retail and restaurant options in the immediate area.”
www.omegare.com
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