250K SF NoLib Warehouse Becoming Horizontal Office Space

PHILADELPHIA, PA—Alliance Partners HSP has unveiled plans to transform a 250,000-square-foot warehouse property into SoNo, a collaborative work environment in Philadelphia’s Northern Liberties neighborhood – a rising enclave for young professionals in the technology, advertising, media and information sectors (TAMI).

A private real estate investment and operating company, Alliance HSP has more than two decades of experience transforming underutilized, obsolete warehouse assets in infill locations into ‘cool space’ work environments. The company acquired the Northern Liberties property in 2014 with an eye toward designing and building an open and modern “horizontal” space that could serve as a magnet for companies looking to tap into Philadelphia’s pool of millennial talent. Philadelphia is home to 120,000 college students, 64 percent of who stay local after graduating. The city also boasts the nation’s fastest growing millennial population and the highest number of graduate degrees per capita.