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Salomon Smith Barney Expands to 49,561 SF at One Liberty

PHILADELPHIA-The financial services firm extends its stay at the 1.2 million-sf office tower with a long-term lease and will occupy an additional 4,000 sf at the trophy building.

By Glen Thompson | Updated on January 24, 2002

PHILADELPHIA-Salomon Smith Barney has extended and expanded its lease at One Liberty Place, a 1.2 million-sf building located at 1650 Market St. The financial services firm has leased the space directly from building owner Philadelphia Liberty Place LP, based in Delray Beach, FL.

William J. Hirschfeld of Cushman & Wakefield of Pennsylvania is the exclusive leasing agent for the property. Wayne Fisher and Craig Schuerle of Grubb & Ellis represented the tenant. According to Hirschfeld, Salomon Smith Barney has expanded its current space on the 44th and 45th floors “to the tune of 4,000 sf” and will now occupy 49,561 sf in the building. Hirschfeld would not reveal details of the transaction but says it is a long-term lease.

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