6C — January 16 - 29, 2015 — Pennsylvania — M id A tlantic

Real Estate Journal


E astern PA

P NGKF represents owner in 8,430 s/f lease renewal and expansion at Ten Penn Center PernaFrederick brokers two leases for Walnut St. buildings with aggregate rental over $1m lease of approximately 1,100 s/f on the 14st floor of the 18-story building.

In the largest of the leases, Home Care Associates, Inc., extended its lease of some 8,180 s/f on the 10th floor of 1500 Walnut in a renewal contract negotiated by Viturello and Frederick who represented the tenant in finalizing the space contract with 1500 Walnut Enterprises, LLC. According to Frederick, the aggregate rental of the lease extension exceeds $870,000. At 1315 Walnut, Anderson represented Luminous Chiro- practic, the tenant, and Kiner represented Goldman Proper- ties, the building owner, in the

HILADELPHIA, PA — PernaFrederick Commercial Real Es- tate has represented one tenant and one building owner in the negotiation of two lease agree- ments for approximately 9,280 s/f of space in office structures fronting Walnut St. that have a combined aggregate rental exceeding $1 million. The brokerage team of Matt Frederick , a principal, vice presidents Keith Kiner and J oe Viturello , and associate Michael Anderson at Per- naFrederick, brokered all of the agreements.

Aggregate value of the Lu- minous Chiropractic lease is approximately $145,000. PHILADELPHIA, PA — PernaFrederick Commercial Real Estate has represented Hatzel & Buehler, the nation’s oldest electrical construction company, in the renewal and expansion of its lease for ap- proximately 8,430 s/f at Ten Penn Center, 1801 Market St. Dan Gummel , a vice presi- dent at PernaFrederick, ar-

1315 Walnut St.

1500 Walnut St.

Ten Penn Center


ranged the multi-year renewal for Hatzel & Buehler, while building ownership was repre- sented by Newmark, Grubb, Knight Frank . Gummel disclosed no aggre- gate rental for the lease renewal that will continue Hatzel & Buehler’s occupancy on the sec- ond floor of the 27-story build- ing at the northwest corner of 18th and Market Streets. n Dietrick Group announces leases ALLENTOWN, PA — Di- etrick Group, LLC has an- nounced the following trans- actions: Ryan Dietrick , partner at Dietrick Group, LLC, repre- sented both the tenant and the landlord in the lease of suite 301 at 5100 Commerce Corporate Center. The tenant is CMC Engineering. Eury Vargas , agent at Diet- rick Group, LLC, represented both the landlord and the ten- ant in leasing a commercial office space at the Allentown Bobbin Works, located at 417 N. 14th St. The tenant is Te- jada Consulting Services. n

The Martin Architectural Group was established in 1967 with a commitment to client service and design excellence. Our diverse portfolio includes mixed-use, multi-family residential, senior living communities, retail and office designs, transit- oriented developments, and sustainable projects. We are award-winning architects and planners committed to delivering the highest quality professional services to private sector real estate development. IT’S ALL ABOUT THE PLAN

www.MartinAIA.com • 215.665.1080 • 240 N. 22nd Street, Philadelphia, PA

Made with FlippingBook - Online catalogs