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The team will engage in a value-add strategy focused on identifying under-managed and under-capitalized assets and will seek to create value by improving management, performing incremental leasing and increasing rents via strategic capital improvements.
“Rittenhouse Square is an ideal place for Spaces to open their second Philadelphia location,” says CBRE's Stephen Kriz. “Their unique coworking environment provides a strong collaborative workplace for the many entrepreneurs and corporate users in Center City.”
Equiem's platform acts as a full-service concierge, providing tenants with access to services, events and experiences, from ordering coffee to making facility requests and communicating with tenants.
Braun Enterprises, known for redeveloping inner-city retail and office projects, plans to renovate the Galleria office buildings' interiors and exteriors along with a complete redevelopment of the retail space.