Pitney Bowes has been a tenant at Rodin Place, 2000 Hamilton St., for approximately 10 years, Kramer says. The space is used as production and office space. Pitney Bowes was represented in the lease transaction by Roger McManimon, with Cushman and Wakefield. Kramer represented building owner Ranger Properties LLC, headquartered in New York City. The asking lease rate for the building is $17 per sf plus electric, he says. The building is 95% occupied with other tenants including Avax Technologies, Maternity Care Coalition and Free Library of Philadelphia.
Phelan Pettit and Biedrzycki, a law firm, has signed a one-year lease renewal for 6,619 sf at 121 S. Broad St. The firm was represented in the lease transaction by Kramer. Joe Viterllo, with Perna Frederick, represented building owner ADR North America LP, based here. The asking lease for the 21-story building is $19.50 per sf plus electric, Viterllo says. The 142,000-sf building is 92% leased with major tenants including Shein Law Center and Pennsylvania Trial Lawyers, he says.
Additionally, two firms recently signed two leases for a total of 6,987 sf at 1760 Market St. Environ, a consulting firm founded in 1982 in Washington, DC, signed a lease for 4,674 sf on the 10th floor of the building. The term of the lease for Environ is five years, Kramer says. SFCS Inc., an architectural and interior design firm, signed a lease for 2,313 sf on the fourth floor of the building. The term of the lease for SFCS is three years, Kramer says. The two firms chose the location because "the boutique building gave them a good presence," he says. Kramer represented building owner AFIAA. Environ was represented in the lease transaction by Studley and SFCS was represented by Jones Lang LaSalle. The 122,000 sf building is between 80% and 82% leased, Kramer says. Other tenants in the building include the US General Services Administration, IKON Office Solutions and Allied Barton Security Services.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.