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“Recently we have seen a surge in interest in the Old City sub-market, which makes sense given its accessibility and proximity to the CBD," says Chris Egan, a senior associate at RRA.
The disposition of 55 Walkers Brook Drive follows a capital improvement plan implemented by Philadelphia-based Rubenstein and Nordblom of Burlington, MA that was focused on modernization and amenitization of the building.
Hunt's managing director, Harris Heller, says the transaction demonstrates strong leasing velocity that was fueled by the quality of the construction and strength of the submarket.
Cassetti will focus on growing Colliers' operations and business throughout the region, while recruiting top talent and providing clients with the highest level of service.
“Millennium offers significant near-term upside for an experienced owner like Morgan Properties to take advantage of all that Conshohocken has to offer,” says HFF's Doug Rodio.
IMC announced its Center City office at a holiday party at celebrated the holidays at Penn Medicine's newly constructed Center for Healthcare Technology building, which IMC engineered.