Milltown Square, located at 150 East Pennsylvania Ave., is a mixed-use redevelopment owned by locally based Tripoint Properties. It contains 52,000 sf of ground-floor retail space and 61,000 sf of office space. The Pulse school will be located on the second floor.
The sole agent representing Pulse in the negotiations is Michael Antonelli, sales and leasing associate with Wayne, PA-based Lieberman Earley & Co. The long-term lease is valued in excess of $1.1 million.
The 28,000-sf Milltown Market, which accommodates 15 food vendors, is a centerpiece of Milltown Square. Main Line Diagnostic Center and Hudson United Bank are among the other tenants.
Retail sales of Paul Mitchell Systems' hair care products were $800 million last year. The products are sold through approximately 90,000 beauty salons in the US and an additional 15,000 worldwide.
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