PHILADELPHIA, PA—Two technology firms, Curalate and Lyquix, are expanding their presence in the Center City business district, underscoring a trend for high tech companies to return to the city's core after years in the suburbs.

In the larger of the agreements, Curalate, which provides marketing and analytics software for web companies, has added 6,805 square feet at 2401 Walnut Street. The agreement was negotiated by Daniel Gummel of PernaFrederick and will expand Curalate's space to about 10,700 square feet on the 5^th floor at 2401 Walnut.

Michael Dolan, a broker with Stockton Real Estate Advisors, cooperated with PernaFrederick and represented 2401 Walnut L. P., a private real estate investment partnership that owns the building. No aggregate rental was disclosed for the additional space.

In the second agreement, Michael Anderson and Joe Viturello of PernaFrederick arranged for Lyquix, a marketing, advertising, web design and development agency, to relocate to about 1,500 square feet on the third floor of 400 Market Street, from its current offices at 620 Chestnut Street in Philadelphia. According to Viturello, the aggregate rental of the lease with Kaiserman Company, the owner of 400 Market Street, exceeded $210,000.

Instant Insights /

Curalate and Lyquix, Web Firms, Relocate and Expand in Center City

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