March 25, 2016 |
Wednesday was back-to-work day for many government employees at 801 Market St. who were displaced Friday morning after a water pipe burst overnight, making many of their offices uninhabitable. Kevin Feeley, a spokesman for the building owner, Pennsylvania Real Estate Investment Trust, said Wednesday that employees were free to move back into all floors of the former Strawbridge & Clothier department store in Center City. About 280 employees of many state departments, including Education, Public Welfare, and Community & Economic Development, work on those floors and had to be temporarily reassigned.
March 24, 2016 |
Web-design firm Zivtech is moving into a 9,860-square-foot space at Center City's One South Broad office building, according to PernaFrederick Commercial Real Estate, which represented the company in the lease negotiations. Zivtech is moving from 4,420 square feet of offices at the Philadelphia Building at 1315 Walnut St., PernaFrederick broker Dan Gummel said in a release on Tuesday. Zivtech's clients include the University of Pennsylvania, Intuit Inc. and the World Economic Forum, according to its website.
March 23, 2016 |
Brickstone Cos. plans a restaurant, shopping and four floors of offices in a pair of buildings it's redeveloping on the 1100 block of Chestnut Street beside its big mixed-use project where a Target Corp. store is to open. The 20,080-square-foot Swartz Building development will incorporate a former furniture business at 1108 Chestnut St. that was most recently home to Armand's Record's. It will accommodate offices with ground-floor retail, Brickstone managing partner John Connors said.
March 20, 2016 |
Three floors of state government offices were damaged Friday after a water pipe burst at the former Strawbridge & Clothier department store building in Center City, shutting down the workplaces of scores of government employees, authorities said. A pipe in the cooling tank on the sixth floor began leaking overnight, flooding the floor and damaging several floors beneath it, said Kevin Feeley, a spokesman for the building's owner, Pennsylvania Real Estate Investment Trust. Hardest hit were offices of the Pennsylvania auditor general, inspector general, Department of Education, Department of Conservation and Natural Resources, and Department of Human Resources, according to Troy Thompson, a spokesman for the Department of General Services.
March 11, 2016 |
Billionaire investor Carl Icahn has tapped a team of Georgia- and Florida-based executives to run his auto-parts group, including his newly acquired Pep Boys stores, garages and warehouses, decapitating the company's former Philadelphia-based top management group. New CEO Brent Windom and six of the seven other bosses named to run the combined Pep Boys stores and Auto Plus parts distributors are bosses at Georgia-based Auto Plus. Among Pep Boys' top executives, only service chief John Holt , who joined the company from Hertz last summer and has worked from an office in Florida, will keep his job for the combined companies, according to a statement from their new headquarters at the Kennesaw, Ga., offices of Auto Plus.
February 20, 2016 |
AmeriGas Propane L.L.C. has signed a 10-year lease for 34,135 square feet at the Parkview office building in King of Prussia, building owner Keystone Property Group said in a release. King of Prussia-based AmeriGas will move into the building at 1150 First Ave. in the coming months to expand its operations, Keystone said. The Parkview building is attached to the Radisson Hotel Valley Forge and the Valley Forge Casino Resort. email@example.com 215-854-2615 @jacobadelman
January 22, 2016 |
Coworking-space operator WeWork is moving into the glass-sheathed building 15th and Walnut Streets already occupied by the Cheesecake Factory, James Egan, an executive managing director at Newmark Grubb Knight Frank, said during a presentation on Center City real estate Wednesday. The 1430 Walnut St. building's 13,882 square feet of office space are on the top floor of the three-story structure, according to a listing on the website of MSC Retail Inc., which is handling leasing at the property.
December 22, 2015
E DMUND KLIMEK, 52, of Plainsboro, Middlesex County, N.J., is managing partner of KSS Architects in Center City. The full-service architecture, planning and interior-design firm - which also has offices in Princeton - was founded in 1983. It has since broadened its scope, with notable projects in the startup community, higher education, corporate headquarters and charter schools. The firm focuses on collaborative and innovative work spaces and projects with social impact. Q: Tell me about your recent projects.
November 27, 2015 |
Less than two months after setting a save-it-or-scrap-it deadline for the SS United States, the conservancy that is trying to restore the iconic ocean liner says it has raised $600,000 - money that will prevent the rusted vessel from being junked. For now. The donations will buy 10 months for the preservationists to reach a deal with an undisclosed developer to repurpose the ship, which has sat idle at a South Philadelphia pier since 1996. It costs $60,000 each month to maintain the ship at Pier 82, where it rises over Columbus Boulevard.
November 19, 2015 |
The owners of Two Liberty Place have put the office portion of the Center City tower up for sale, according to CBRE executive vice president Robert Fahey, who is handling the listing. Florida-based Parkway Properties is selling the office space in the 57-story tower to focus on its core portfolio of assets in the southeastern United States, Fahey said Tuesday. He said a significant amount of interest during the week in which the property has been marketed has come from overseas buyers who are newly discovering Philadelphia as a target for investment.