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Two More Firms Ink Leases at Horizon Center

BENSALEM, PA-Newark InOne and Full Spectrum Lending take an aggregate 8,942 sf and join Strayer University in the Phase I, four-story, 127,000-sf class A property at O'Neill Properties' $100-million development here.

By Marita Thomas | Updated on December 05, 2003

BENSALEM, PA-The Phase I, class A office building at Horizon Corporate Center here gains two additional tenants for an aggregate 8,942 sf. As a result, the 127,000-sf, four-story building will reach completion in January and make way for the next phase of development, which includes Wal-Mart and Lowe’s retail properties.

The new office tenants are Pasadena, CA-based Full Spectrum Lending, a subsidiary of Countrywide Credit Industries Inc., which will move into 5,187 sf in January, and Newark InOne, an affiliate of the InOne family of businesses with the Premier Farnell Group, which will move into 3,755 sf in February.

Philadelphia-based Binswanger/CBB is the exclusive leasing agent for the property. Terms of the leases are undisclosed. The asking rental rate for class A office space in Northbrook Corporate Center and other properties adjacent to Horizon is $24.50 per sf.

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