Axalta Global Innovation Center Axalta Global Innovation Center

PHILADELPHIA—A locally-based subsidiary of Dimah Capital ofKuwait has acquired the Axalta Global Innovation Center at 1050Constitution Ave. in the Philadelphia Navy Yard for $61.2million.

The 175,000-square-foot office building is fully leased toAxalta Coating Systems, which maintains its corporate headquartersat 2001 Market St. in Philadelphia and its North Americanheadquarters at 50 Applied Bank Blvd. in Glen Mills, PA.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.