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Healthcare Firms Lease 69,880 SF in Philly Area

NEW YORK CITY-Two San-Francisco-based healthcare technology firms lease space in or near Philadelphia. A care-management systems service takes 21,806 sf of expansion space at the University Science Center and a software company signs a renewal on its 48,074-sf Malvern space.

By Glen Thompson | Updated on September 26, 2001

NEW YORK CITY-Two San Francisco-based tech companies specializing in healthcare software have leased space in or near Philadelphia for a combined total of 69,880 sf. One specializes in Internet-based care-management tools and the other is a provider of information systems for healthcare providers.

CareScience, a biotechnology-software firm that provides Web-based technology for care management, clinical analysis and data exchange, has taken a full floor at 3600 market Street, an eight-story building in Philadelphia’s two million-sf University Science Center. Located on the Avenue of Technology, the Science Center is the nation’s first urban research park.

Cushman & Wakefield Pennsylvania represented both parties in the transaction. Wayne Hunt and William Finnegan of acted on behalf of CareScience. Paul Garvey and Roger McManimon are exclusive leasing agents for the University Science Center.

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