PHILADELPHIA, PA—The Design Center, Philadelphia's premier resource for the interior design trade, will lease 48,000 square feet at 34 South 11th Street, a class A, modern office warehouse building within the 4.3-acre East Market development.
As an indication of further confidence in the demand for contemporary office space in Center City, the development team of National Real Estate Development and SSH Real Estate say they have also closed on a $38.5 million construction loan from Wells Fargo to continue the renovation of 34 S. 11th Street.
“East Market and The Design Center are both committed to providing one-of-a-kind products and experiences to the Philadelphia community,” says Daniel Killinger, managing director of National Real Estate Development, one of the project's partners. “East Market will be a place for the creatives, innovators and young professionals who value design and originality, and want to be in the center of it all. The Design Center showrooms perfectly complement our vision for this historic and transforming section of Philadelphia, and we are delighted to welcome them to East Market.”
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