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PHILADELPHIA-Locally based Seligsohn Hess has been named exclusive leasing agent of the twin office structures at 1800 and 1880 JFK Parkway in Center City’s prime office area west of Market Street. The buildings were completed in 1984 and purchased by Rahway, NJ-based Denholtz Associates in 2000.

The 20-story buildings contain 474,000 sf of rentable office space and are joined by a three-story glass atrium with seating, plantings and a fountain. The lobby level has 4,300 sf of retail space, occupied by a coffeehouse, restaurant, copy center, bank and travel agency.

The office space is 92% leased. Seligsohn plans to locate its own offices there this fall, taking the space to nearly 100% occupancy.

Current tenants include locally based Post & Schell, PC, and Christie, Pabarue, Mortensen & Young, Inc. along with regional offices of Turner Construction Co. and the AIG insurance firm. Asking rental rates for Center City, class-A office space averages $22.60 per sf, according to GlobeSt.com research.

Seligsohn Hess represents approximately 3 million sf of office, retail and industrial space in the metropolitan Philadelphia area. The Denholtz portfolio is in excess of 8 million sf.

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