900 Spring Garden St., Philadelphia, PA
PHILADELPHIA, PA—PernaFrederick Commercial Real Estate has negotiated six lease agreements totaling 22,113 square feet of office space in two buildings situated within the Spring Arts Neighborhood. The space contracts have a combined aggregate rental of $3.2 million and were arranged for the building owners by the brokerage team of Joe Viturello and Keith Kiner at PernaFrederick.
In the largest of the agreements, Ameribest expanded its existing offices with the lease of another 6,924 square feet on the second floor of 990 Spring Garden. With that expansion planned for the third quarter of this year Ameribest will occupy 17,330 square feet in the structure.
Elfant Wissahickon Realtors is moving into 5,534 square feet on the seventh floor of 990 Spring Garden Street when it opens a new office there in the fall.
Joining the real estate firm on the seventh floor this summer is the National Clearinghouse for the Defense of Battered Women which has leased 3,172 square feet under a contract negotiated by Cathy Coate, a broker with SSH Real Estate. National Clearinghouse is presently located at The Sheridan Building in Philadelphia.
Moving to some 3,000 square feet on the fourth floor is Creative Characters under a lease arranged by Jason Winig, principal of Winig Properties. Creative Characters is now located at The Sheridan Building and will move to 990 Spring Garden in the weeks ahead as soon as interior renovations are completed.
Independent Vets is moving to 2,000 square feet on the fourth floor under a contract negotiated by Virturello and Kiner acting as sole agents for SA 990 Spring Garden, the private investment partnership that owns the building. Independent Vets is presently located on S. 20th Street and is scheduled to relocate to 990 Spring Garden Street by May 1.
At 448 N. 10th Street, Hightop Washington is expanding its offices with the lease of an additional 1,483 square feet on the third floor in an agreement where Viturello and Kiner were the sole agents who represented the building owner SA Buttonwood, LP.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
