Philly Office Space

Philly Office SpaceWolf Commercial Real Estate (WCRE), a full-service Philadelphia commercial real estate brokerage firm, specializes in representing Philly office space for buyers, tenants, investors and sellers throughout the Greater Philadelphia region.

Strategically located between New York City and Washington, D.C., and easily accessible via a major international airport, Amtrak’s north-south corridor and several major highways, Philadelphia office space offers global, national and regional companies a highly desirable location in which to conduct business.

As experts in Philadelphia commercial real estate services, the team at our Philly commercial real estate brokerage firm provides ongoing detailed information about Philadelphia office properties to our clients and prospects to help them achieve their real estate goals. At Wolf Commercial Real Estate, our Philadelphia commercial real estate services encompass the highest quality of service and proven expertise.

Philly Office Space Property Owner Representation

WCRE, a leading Philadelphia commercial real estate broker, helps owners of Philly office space for sale or lease put tenants or buyers in their properties through a defined marketing process that is tailored to each property and sub-market. Our proven marketing strategy is implemented by commercial real estate professionals who are experts in the Greater Philadelphia-area office markets, providing the unparalleled levels of Philadelphia Property Owner Representation. As a premier Philadelphia commercial real estate brokerage firm, we treat your Philadelphia office properties as if they were our own and work closely with you as part of our total commitment to client-focused relationships.

Philly Office Space Tenant Representation

For companies and individuals seeking to lease or acquire new Philly office space, Wolf Commercial Real Estate will identify the office space that best suits your needs, whether in the Greater Philadelphia area or anywhere in the country. Through our Philadelphia Tenant Representation services, we ensure that the sale or lease terms of the Philadelphia office space or any other new property are tailored to meet your goals. As a full-service Philly commercial real estate broker, we assist in the relocation analysis process from start to finish, facilitating a smooth transition into your new Philly office space and serving as your strategic partner invested in your long-term growth and success.

For more information about Philadelphia office space for sale or lease or about commercial properties for sale or lease elsewhere in the United States, please contact Jason Wolf (215-799-6900-office; 215-588-8800-cell; jason.wolf@wolfcre.com) at Wolf Commercial Real Estate, the premier Philly commercial real estate brokerage firm.

About Us

Wolf Commercial Real Estate is a Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate services, marketing commercial offices, medical properties, investment properties, industrial properties, land parcels and retail buildings for buyers, tenants, investors and sellers in the Greater Philadelphia area and beyond. Please visit our websites for information about our Philadelphia commercial real estate services for office space, retail space, medical space, investments, industrial space or land for sale or lease, or for information about other commercial real estate listings and commercial real estate services from Wolf Commercial Real Estate, the leading Philly commercial real estate broker.

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Flaster Greenberg upsizing and relocating Center City office in sublease agreement with another firm

Flaster Greenberg has signed an eight-year lease to relocate its Philadelphia office to Three Logan Square, where it will take 16,000 square feet of space on the 33rd floor and have an option to absorb the remaining 4,000 square feet to accommodate potential growth. 

Financial terms of the deal were not revealed. The move becomes effective on Feb. 1.

Since October 2016, the Cherry Hill-based law firm has occupied 10,000 square feet at 1835 Market. Co-Managing Partner Jordan LaVine said the firm had originally signed a five-year lease at 1835 Market. It was set to expire this past Jan. 31 but the firm asked for a one-year extension to see how the office space market shook out post-pandemic.

LaVine said Flaster looked at numerous options but ultimately went with Three Logan partly because it was already fitted for a law firm. Flaster is subletting the space from Reed Smith, which signed a long-term lease in 2011 on 115,000 square feet on floors 28 through 33 at the signature office building. It moved in 2014. The Philadelphia Business Journal reported earlier this year that Reed Smith was looking to give-back some space at Three Logan.

Reed Smith Chief Operating Officer Nick Bagiatis said in a statement the firm will downsize from six floors to five in the building. 

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia office space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

New Morgan Lewis tower on time, on budget but with some tweaks to the interior

More than a year after breaking ground on 2222 Market St., a new $200 million Center City headquarters for Morgan Lewis, the building marked its topping off and provided enough time for the law firm to make some adjustments to its interior design to reflect the new normal of office work.

The firm did not undertake a wholesale revamp of the 305,000-square-foot building as a result of the pandemic but tweaked the office space to take into account some aspects of how employees are currently working and are likely to in the future. For example, the 19-story headquarters will now have remote hearing rooms outfitted with specific technology to accommodate seamless interactions for virtual court proceedings between attorneys and their clients.

Dedicated Zoom rooms will also be incorporated into the new office space. “What we really want to do is if someone is working remotely and someone is in the office, we want them to feel connected and valued,” said Sarah E. Bouchard, managing partner of the firm’s Philadelphia office.

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia office space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Harsco Corp.’s HQ move from Camp Hill to Center City puts it near ‘larger and diverse talent pool’

Harsco Corp., a global company that processes industrial waste and supplies equipment for the construction of railway tracks, is relocating its headquarters to Philadelphia and will leave Camp Hill, where it has been based since 1870.

The company leased 22,550 square feet at Two Logan Square.

Harsco joins Rite Aid Corp., another Camp Hill company, moving its headquarters to Philadelphia. The retailer plans to occupy 23,500 square feet at 1200 Intrepid Ave. at the Philadelphia Navy Yard.

While Philadelphia will gain two corporations, the loss of two major employers is a blow to Camp Hill, a small community in Cumberland County, which is just outside of Harrisburg.

Harsco (NYSE: HSC) already has a presence in the Philadelphia area. In 2020, it completed a $462.5 million acquisition, its largest, to buy Stericycle Inc.’s environmental solutions business, which had been in Horsham. That business provides hazardous waste transportation and processing.  

*Article courtesy of The Philadelphia Business Journal

For more information about Philadelphia office space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

MLP Ventures buys two more buildings in King of Prussia for $41.8M, plans to convert one into lab space

MLP Ventures has acquired two office buildings at Renaissance Park in King of Prussia for $41.8 million, adding to the company’s real estate holdings in that part of Upper Merion. 

MLP bought 2201 Renaissance Blvd., a 133,880-square-foot building on 15 acres, for $27.9 million, or $208 a square foot, and 2100 Renaissance Blvd., a 98,726-square-foot building on nine acres, for $13.9 million, or $140 a square foot. 

The Newtown Square company bought the buildings in 2018 as part of a larger portfolio acquisition that involved seven properties. 

MLP, now based in Radnor, plans to relocate its headquarters and related companies into 2201 Renaissance. Purolite Corp. occupies 12,500 square feet in the building and MLP will fill out the remaining space. 

*Article courtesy of The Philadelphia Business Journal

For more information about Philadelphia office space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Exclusive: GSK moving out of Philadelphia Navy Yard to smaller space at FMC Tower

GlaxoSmithKline is relocating corporate operations now based at the Philadelphia Navy Yard into FMC Tower at Cira Centre South in University City, joining the University of Pennsylvania and Spark Therapeutics in the building and bringing it closer to one of the city’s burgeoning life sciences hubs. 

The global pharmaceutical company will be leasing 46,000 square feet at the skyscraper and shrink from 207,779 square feet it occupies at a four-story building at Five Crescent Drive at the Navy Yard. Prior to the pandemic, GSK had 660 employees working each day from the Navy Yard and it expects up to 330 employees to work from FMC Tower.

GSK (NYSE: GSK) will occupy floors 16 and 17 at FMC Tower that Brandywine Realty Trust has occupied for the last four years as its headquarters. Brandywine will relocate into space that had been occupied by Dechert, a law firm, in Cira Centre. Brandywine, which built and owns FMC Tower and Cira Centre, declined comment. 

In 2011, GSK signed a 15-year lease on the Navy Yard building, which was designed for it, and completed its move there in early 2013. It was a big deal for the company when it decided to move to the South Philadelphia site and considered pioneering to relocate from offices it had been in for decades in Center City. 

*Article courtesy of The Philadelphia Business Journal

For more information about Philadelphia office space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Premier Philly Office Space for Sale on Locust Street

Wolf Commercial Real Estate, the leading Philly commercial real estate brokerage firm that specializes in Philly commercial real estate listings and services, is offering premier Philly office space for sale at 1200 Locust Street Philadelphia PA.

The property containing this Philly office space is in a four-story building and this Philly office building for sale at 1200 Locust Street Philadelphia PA is a fully built-out medical office building. This Philly office space for sale is in the heart of Center City Philadelphia and this Philly office space for sale is an income-producing property with a tenant already in place.

Please call for the asking sale price for this office space in Philly. This Philly office space for sale at 1200 Locust Street Philadelphia PA is being offered through Wolf Commercial Real Estate, a Philly commercial real estate broker with expertise in Philly commercial real estate listings and services.

This Philly office space for sale at 1200 Locust Street Philadelphia PA contains +/- 7,045 sf and this Philly office space for sale consists of one operating room along with multiple exam rooms and private offices as well as two reception areas. There also is an existing elevator shaft at this office space in Philly.

This Philly office building at 1200 Locust Street Philadelphia PA is available for sale through Wolf Commercial Real Estate, a Philly commercial real estate brokerage firm with expertise in Philly commercial real estate listings and services.

Nearly 77,000 people reside within a one-mile radius of this office space in Philly at 1200 Locust Street Philadelphia PA while the average household income in the same geographic area near this Philly office space for sale is $83,294.

For more information about the Philly office building containing this Philly office space for sale at 1200 Locust Street Philadelphia PA or about any other Philly commercial properties for sale, please contact Sean Kelly (856-630-5806; sean.kelly@wolfcre.com) or Phil Costa (215-799-6195; phil.costa@wolfcre.com) at Wolf Commercial Real Estate, a Philly commercial real estate broker that specializes in Philly commercial real estate listings and services.

Wolf Commercial Real Estate is the foremost Philly commercial real estate broker that provides a full range of Philly commercial real estate listings and services, marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philly commercial properties for buyers, tenants, investors and sellers.  Please visit our websites for a full listing of Philly commercial properties for sale or lease through our Philly commercial real estate brokerage firm.

After 30 years in Chesterbrook, AmerisourceBergen opens new headquarters in Conshohocken

AmerisourceBergen Corp. has moved into its new headquarters in Conshohocken and exited Chesterbrook, where it spent the last three decades growing into what is now a Fortune 500 company with $189.9 billion in revenue. 

The 11-story, 429,122-square-foot office building at 1 W. First Ave. is part of Keystone Property Group’s $325 million Sora West mixed-use development that also includes a hotel and the conversion of an historic fire house into two restaurants. 

At its new headquarters, AmerisourceBergen (NYSE: ABC) consolidated the corporate offices it had at 1300 and 1400 Morris Road in Chesterbrook that totaled 190,000 square feet and space in Conshohocken, where it occupied 105,000 square feet in one of the Millennium buildings. 

For all of the consternation the pandemic cast over the future of the office, several Philadelphia-area companies tossed those worries aside and, like AmerisourceBergen, forged ahead with opening or planning new headquarters in recent months. 

For example, Myonex, a clinical trial supply company, completed a $20 million, 65,000-square-foot building in the Keith Valley Business Center and has room to expand; Hamilton Lane moved into its new headquarters in Seven Tower Bridge in Conshohocken though it was a floor smaller than originally planned; Morgan Lewis has a new headquarters under development in Center City; and Rite Aid Corp. announced it would relocate its headquarters into 23,500 square feet at the Philadelphia Navy Yard from Camp Hill. 

*Article courtesy of The Philadelphia Business Journal

For more information about Philadelphia office space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Rite Aid Corp. to move HQ to Philadelphia Navy Yard

Rite Aid Corp. will relocate its headquarters to the Philadelphia Navy Yard, after having spent decades based in Camp Hill.

The company leased 23,500 square feet at 1200 Intrepid Ave. and will open what it is calling an “enterprise headquarters” as part of an effort to redefine how it envisions its employees working as a result of the pandemic. 

Rite Aid is moving to a “remote-first work approach for corporate associates, supported by a network of collaboration centers throughout the company’s geographic footprint,” the company said in a statement. “The reimagined workplace model focuses on flexibility for associates, while also creating an official headquarters space in Philadelphia designed specifically for in-person collaboration and company gatherings, rather than office spaces.”

The company has 2,800 corporate employees and a representative from Rite Aid said the number of people working out of the Philadelphia Navy Yard will fluctuate. The move will take place in the first half of 2022. 

“It’s a vibrant area and it’s an exciting place to be,” said Brad Ducey, a company spokesman. “It’s central and easy for employees, partners, clients.”

Rite Aid is No. 132 on the most recent Fortune 500 list. The company reported revenue last year of $24 billion.

*Article courtesy of The Philadelphia Business Journal

For more information about Philadelphia office space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Fully Built-Out Philly Office Space for Sale in Center City

Wolf Commercial Real Estate, a leading Philly commercial real estate brokerage firm that specializes in Philly commercial real estate listings and services, is now offering Philly office space for sale at 1200 Locust Street Philadelphia PA.

This Philly office building for sale is housed in a four-story structure and this office space for sale in Philly is a fully built-out medical office building with one operating room, multiple private offices, multiple exam rooms, and two reception areas. Please call for information on the asking sale price for this Philly office building for sale at 1200 Locust Street Philadelphia PA.

A total of +/-7,045 square feet are available at this Philly office space for sale through Wolf Commercial Real Estate, a Philly commercial real estate broker.  This office space for sale in Philly at 1200 Locust Street Philadelphia PA is an income-producing property with an in-place tenant. Information about this Philly office building is available by request from Wolf Commercial Real Estate, the foremost Philly commercial real estate brokerage firm that specializes in Philly commercial real estate listings and services.

Located in the heart of Center City, this Philly office building for sale at 1200 Locust Street Philadelphia PA is steps away from the entrance to the 12th/13th and Locust stations of the PATCO High-Speed Line from New Jersey. There also is an existing elevator shaft at this Philly office building for sale.

There are nearly 77,000 residents living within one mile of this office space for sale in Philly at 1200 Locust Street Philadelphia PA and the average household income in that same radius of this Philly office building for sale is $83,294. This Philly office space for sale is available for immediate occupancy through Wolf Commercial Real Estate, a Philly commercial real estate broker that specializes in Philly commercial real estate listings and services.

For more information about this Philly office space for sale at 1200 Locust Street Philadelphia PA or about any other Philly commercial properties for sale or lease, please contact Sean Kelly (856-630-5806; sean.kelly@wolfcre.com) or Phil Costa (215-799-6195; phil.costa@wolfcre.com) at Wolf Commercial Real Estate, a Philly commercial real estate brokerage firm.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philly commercial real estate broker that provides a full range of Philly commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philly commercial properties for buyers, tenants, investors, and sellers. Please visit our websites for a full listing of Philly commercial properties for sale or lease through our Philly commercial real estate brokerage firm.

 

Historic Center City building housing the Philadelphia Inquirer comes up for sale

An historic Center City building housing the Philadelphia Inquirer as well as three separate divisions of the General Services Administration has been put up for sale, and one estimate has it trading for upwards of $180 million. 

The Commonwealth of Pennsylvania is the largest tenant at the 13-story, nearly 700,000-square-foot property at 801 Market St. The state leases 222,844 square feet where it houses its department of general services.

In addition, the Division of Community Behavioral Health leases 142,459 square feet and three GSA tenants — Department of Health and Human Services, Housing and Urban Development and the Equal Employment Opportunity Commission — lease a combined 197,310 square feet. The Inquirer leases 89,485 square feet in a deal that runs through November 2024. 

*Article courtesy of The Philadelphia Business Journal

For more information about Philadelphia office space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.