Posted Dec 2, 2020, 7:03 PM
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Moderator
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Join Date: Jan 2017
Location: Clark Park, Philadelphia, PA
Posts: 3,622
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Quote:
Originally Posted by summersm343
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Here you go:
Quote:
Three tenants have signed new leases at 123 S. Broad St. in Center City, temporarily boosting the building’s occupancy up to 80%.
That occupancy will be short lived and slide down to 65% at the end of the year. Wells Fargo & Co., which had been a tenant in the building for at least two decades, vacated 150,000 square feet and moved this fall to Two Logan Square. The bank continues to maintain a branch in the 30-story, 725,000-square-foot building.
The three new tenants are:
Hachette Book Group, a New York-based publisher that has Little Brown & Co. among its imprints and David Baldacci as one of its authors, signed a 10-year lease on 12,000 square feet. Neil Brazitis of Newmark represented the tenant.
Harty Law Group signed a five-year lease on 1,300 square feet and relocated from 325 Chestnut St.
Philadelphia Futures, a nonprofit that provides low-income, first-generation college students with help, signed a 10-year lease on 13,500 square feet for its new headquarters. It had been in 230 S. Broad St. Matt Knowles of CBRE Inc. represented the tenant.
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