PHILADELPHIA, PA—PernaFrederick Commercial Real Estate got University of the Arts to stay put in 1608 Walnut Street, and helped Bayada Home Health Care relocate from 24th and Walnut to 21st and Arch Streets. The leases have a combined aggregate rental exceeding $3.3 million.
Joe Viturello, a vice president at PernaFrederick, arranged the terms of both agreements.
In the largest space contract, Viturello represented 1608 Walnut Street Associates, the limited investment partnership that owns 1608 Walnut Street, in renewing University of the Arts' lease for approximately 11,461 square feet on the 18th floor of the building.
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