The Spring Garden property is a former Smith Klinepharmaceutical plant that was acquired by locally based AmerimarEnterprises in 2000 and subsequently converted to a class Afacility with redundant technological capabilities. Amerimarcontinues to operate the building, and Andrew Bleznak, a member ofthe owner-partnership, previously told GlobeSt.com the renovationexceeded $100 million.

Day & Zimmerman joins CBS3, which is the local CBStelevision affiliate; North American Publishing Co., andIndependence Blue Cross and takes occupancy to 70%, according toBleznak. He declined to disclose the value of the lease, but tellsGlobeSt.com that Day & Zimmerman not only saves money with themove, but also "can stack space in a more flexible and efficientmanner."

Construction of the new Day & Zimmerman space, which spansfour floors, is slated for this July. In a statement, Hal Yoh,president and CEO, says the move provides "the opportunity todesign modern, innovative offices" that reflect the company's"forward-thinking business focus." The space will include computertraining rooms, video conferencing capabilities and other advancedtechnologies for the company, is one of the country's largestprivately held companies with 150 locations worldwide.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.