X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PLYMOUTH MEETING, PA-A 30,000-sf class A office court is about to open in this Philadelphia submarket. The two-story, atrium building’s façade is nearly in place and the project is on track for an October delivery.

According to Tim Mahoney, principal of Mariner Commercial Properties Inc., the development arm of Ardmore-based Mahoney Realty and owner/developer of the property, asking rents are $27 per sf.

The building, Butler Commons Office Center at 4060 Butler Pike, has pre-installed fiber-optic broadband voice and data technology and a brick-and-reflective glass exterior. Mariner is the owner-operator on the project, which was designed by Rhett Hamilton Jones.

Mariner is also the force behind 15th & Chestnut, a Downtown Philadelphia residential tower that is still in the planning stage. Mahoney would not comment on the property, though sources close to the deal say the developer is awaiting zoning approval for a proposed garage.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.