Center City Court Reporting renewed its 4,083-sf office lease at the Wachovia Building for six years. The aggregate value of the lease is in excess of $450,000, according to Joe Viturello. He and Matt Frederick, VP of locally based Arden Group, negotiated for the tenant. Elizabeth Scott, director of leasing for the building, which was recently acquired by Jenkintown-based AFR, represented the owner.

The 892,282-sf Center City property is the former First Union Building, a name that stuck even after the First Union/Wachovia merger. The building was completed in 1927 and entirely renovated in 1996.

Meanwhile, Philadelphia University's five-year lease takes the 74,000-sf Shurs Lane property to 89% occupancy. The former industrial building, which was constructed in three phases between 1860 and 1930, was recently converted into class A office space that retains some original features, such as exposed brick and stone walls, timber ceiling beams, skylights and hardwood floors.

James DiBianca, VP of Conshohocken-based Beacon Commercial Real Estate, represented the owner, Main Street Properties LP. Paul French and Brendan Kelly of locally based Binswanger/CBB represented the university, which will use the space for classrooms and labs in expanding beyond its 60-building campus on 100 acres at School House Lane and Henry Avenue. The value of the lease is undisclosed.

This is the fifth lease DiBianci negotiated for the building within the past 90 days. Other tenants are Steicker, Fischer, Edwards & Greenapple PC; SES Advisors JRS3-gw Inc.; Urban Radio of PA; and Home Health Corp. of America.