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PHILADELPHIA-Incisive Media’s Pennsylvania Newspaper Group has signed a renewal for its 12,670-sf lease at 1617 JFK Blvd. here. The 20-story office building, where Incisive is a tenant on the 17th floor, is also known as One Penn Center. Lease terms were not disclosed.

The offices house the editorial and business operations for The Legal Intelligencer, Pennsylvania Law Weekly and the Delaware Law Weekly, as well as a number of the group’s websites, specialty books, directories and seminars. Incisive Media is the parent company of GlobeSt.com.

“This lease renewal reaffirms our long-term commitment to the Center City area,” says Hal Cohen, group publisher, in a release. “The Legal Intelligencer‘s offices have been located in Philadelphia since its founding in 1843 and we’re delighted to be continuing that tradition.” The Legal Intelligencer is the oldest daily legal newspaper in the US and the official publication for Philadelphia County legal notices; the group’s publications, websites and reference texts serve the Pennsylvania, Delaware and southern New Jersey region.

Cohen tells GlobeSt.com that the group has been headquartered at 1617 JFK since 1991 and has occupied its current suite since 1999. He says that rather than consider relocating, “Due to the great location—proximity to the major Philly law firms and the SEPTA train lines—we focused all our energies into negotiating a fair contract to stay in this same space.” Aside from its conducive location, “The rent is reasonable and there are a number of places to eat and shop without going outside.”

Incisive Media was represented in the transaction by GVA Williams executive managing director Leon Manoff and William Finnegan of GVA Smith Mack. Incisive Media is a global provider of specialized business news and information, in print, in person and online. The company’s principal markets include commercial real estate, financial services, legal services, marketing services and risk management. Its brands include Accountancy Age, Computing, Investment Week, Legal Week, Post, Real Estate Forum and the American Lawyer, along with GlobeSt.com and the RealShare conference series.

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