BALA CYNWYD, PA–The construction firm LF DriscollCo. has taken a long-term lease of 20,500 square feet at401 City Ave. here, in a deal negotiated byBinswanger.

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LF Driscoll, which has had its headquarters in Bala Cynwyd formore than 20 years, is the largest locally-based constructionmanager in the Philadelphia region.

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Binswanger represented LF Driscoll and also the buildingowner.

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“We are very pleased to have secured the terms and location atsuch a prominent building for LF Driscoll for the next decade,”said Nick Sannelli, who along with JoshHaber, represented the tenant. ScottGabrielsen, the president of Binswanger Commercial Metro,who represented the owner, said LF Driscoll will occupy prime spacewithin the 400,000-square-foot building.

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The structure is now 95% leased, according to the brokerage,which is headquartered I Philadelphia.

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