WAYNE, PA–Three new tenants, including a national law firm, havetaken a total of 53,500 square feet at the redevelopedCrossPoint at Valley Forge office campus. Thebuilding, which opened in January, is now 81% leased, according tothe owners.

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The Davis Companies and MIM-Hayden RealEstate Funds jointly own the building. The law firm tenantis Lewis Brisbois Bisgaard & Smith, which hasoffices in 32 cities.

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Medecision, a provider of healthcare managementservices, and Conestoga Capital Advisors, anindependent investment advisory firm, are the other two newtenants.

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There is 48,000 square feet of space remaining at the building,which is being marketed as “best-in-class” office space for theMain Line/King of Prussia area.

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“We made a major commitment to the Wayne, PA, market, not onlythrough buying CrossPoint, but also by investingapproximately $19 million over the past two years totransform the nearly vacant, outdated buildings into one ofthe highest quality suburban office complexes inPhiladelphia,” said Duncan Gilkey,of The Davis Companies.

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The new tenants join TeleflexInc., Rovi Corp. andColdLightSolutions as occupants of CrossPoint.

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Gilkey says the strong leasing pace at CrossPoint is moreevidence that the “flight-to-quality” trend continues for officeusers. The building has an array of new on-site amenities,including a fitness center, conference facilities, a full-servicecafé and coffee bar, lounges and community space, and in-buildingcovered parking. Its location is convenient to the amenities ofWayne and King of Prussia.

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The owners are pursuing LEED Gold Certification.

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Jeff Mack of Newmark Grubb KnightFrank, along with Adam Shute andTaylor King represented The Davis Cos andMIM-Hayden.

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Milton Charbonneau and JonathanLarsen, who is regional managing principal atCassidy Turley, represented the law firm.Reid Blynn of NGKF represented Medecision.Chris Aitken of Gola Corporate RealEstate represented Conestoga Capital.

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