Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
Since 2015, approximately 475,000 square feet has been renovated or added to the hospital. Including the new project, the hospital's capital investment will total approximately $422 million once the new outpatient center is completed in 2021.
Leatherbee will join Trammell Crow officially on May 6. He most recently served as executive vice president and regional manager of Skanska USA Commercial Development's Boston office.
The three-story medical office building is located within Brandywine Crossing, a 230,925-square-foot shopping center featuring a Safeway, Costco, Target, Xscape Theaters and CarMax.
The development's first tower, designed by Corwil Architects, will feature 312 apartment units and 6,000 square feet of retail in a 22-story building, will break ground in July.
“This portfolio of properties provides us a unique opportunity to control an irreplaceable block of class A office product across three recently renovated and repositioned assets that cater to diverse users,” says Charley McGrath, MRP's Philadelphia managing director.
“We believe that Makefield Crossing will become an even more compelling office destination following our planned improvements,” says Lou Merlini, vice president of asset management at Rubenstein.
Listen to our exclusive audio interview about how virtual reality technology is speeding design and development of approximately 220 residences in the year-round, live/work/play community in Greater Green Bay.