PHILADLEPHIA-Liberty Property Trust Chairman William Hankowsky says that his firm will be looking to charge rents in the high $30s per square foot to “kissing $40” to Comcast and other tenants at its planned second Center City office tower.
Hankowsky revealed the pricing at the 59-story Comcast Innovation and Technology Center to investors during a conference call this week, according to the Inquirer. Those rents are the highest asking rents in the city of Philadelphia.
"Obviously, higher floors will charge more than lower floors," Hankowsky added.
Hankowsky confirmed that Comcast has bought out a unit of German's Commerzbank AG and now owns 80% of its original headquarters tower and will own the same proportion of the new tower, with Liberty owning the rest of both. See story in the Inquirer.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
