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PHILADELPHIA-The new owner of One South Broad Street has tapped the local office of Chicago-based Jones Lang LaSalle to lease the remaining space in the 464,800-sf, 26-story property. The owner, Brooklyn-based private investor David Werner, doing business as Broad One LP, acquired the building this January from New York-based JP Morgan Chase for $48 million, or about $103 per sf.

The building was completed in 1932 and underwent extensive renovation in 2000, which included an updated lobby and HVAC and life safety systems. It is currently 89.2% occupied, according to a spokesperson for Jones Lang LaSalle.

Josh Sloan, Whitney Hunter and Brian Saggiomo form the leasing team that is currently marketing approximately 37,000 sf that can accommodate tenants looking for contiguous space of from 1,500 sf to 16,000 sf. The asking rental rate is $21 per sf, full service.

Among the current major tenants are Wachovia Bank, National City Bank, Electronic Ink, Ashbridge Investments, the law firm of Kohn Swift & Graf and two locally based ad agencies, Red Tettemer and Dorland Sweeney Jones.

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