20B — March 2025 — Best of 2024 — M id A tlantic Real Estate Journal
www.marej.com The MOST UNIQUE OFFICE LEASE of 2024 NAI CIR
Cushman & Wakefield 300 Warren Corporate Center Dr. Warren, NJ
Blueprint Commercial Real Estate The Chocolate Factory at 2201 Margaret St., Philadelphia, PA
30 N 3rd Street Harrisburg, PA
Size: 127,263 RSF comprising the entire 4th, 3rd, 2nd and portion of the 1st floors. Brokers: Cushman & Wakefield’s Joshua Cohen and Marc Rosenberg represented the tenant. Cushman & Wakefield’s Rob Donnelly, Bob Donnelly, Todd Elfand, Paul Giannone and Kevin Carton represented the landlord. Cushman & Wakefield’s Joshua Cohen and Marc Rosenberg negotiated the largest office lease in the I-78 corridor in 2024, marking a milestone in their nearly 15-year partnership with Regeneron. Beginning in 2010, they supported Regeneron’s growth in New Jersey, ultimately expanding its presence from 14,000 to 65,000 RSF. By 2021, Regeneron sought significant growth and transformation to align with its culture and workplace strategy. Over the ensuing 2.5-year period, the team collaborated with Regeneron to identify and strategize around 300 Warren Corporate Center, a cutting-edge campus in Warren. This meticulous process culminated in a very complicated and creative landmark lease, with relocation set for Summer 2025.
Size: 47,500 SF Brokers: Gerry Smith and Madelaine Whitehead 2201 Margaret St. in Philadelphia represents a transforma - tive collaboration between D3 Developers and Blueprint Commercial to revitalize a long-vacant chocolate factory. Blueprint secured Concilio as the anchor tenant, ensuring a swift lease process to meet their June 2025 deadline. Concilio’s 47,500 s/f space is now under construction, bringing vital social services to Bridesburg. This redevelopment has catalyzed neighborhood revitalization, fostering economic growth. Designed with ISA, the project balances historic preservation with modern upgrades. D3 secured New Market and Historic Tax Credits to finance the project.
Bill Gladstone
Casey Khuri
Size: 17,959 SF Brokers: Bill Gladstone, Casey Khuri
The 17,595 square foot suite located on the second floor of 30 N. 3rd Street in Harrisburg has been leased. Bill Gladstone represented the landlord, Kennedy Wilson, a long-time client of NAI CIR. The transaction was facilitated by Bill Gladstone and Casey Khuri.
The Kislak Company, Inc. 220 Evans Way Branchburg, NJ The LARGEST OFFICE LEASE of 2024
Cushman & Wakefield 300 Warren Corporate Center Dr. Warren, NJ
Blueprint Commercial Real Estate The Chocolate Factory at 2201 Margaret St., Philadelphia, PA
Size: 127,263 RSF comprising the entire 4th, 3rd, 2nd and portion of the 1st floors. Brokers: Cushman & Wakefield’s Joshua Cohen and Marc Rosenberg represented the tenant. Cushman & Wakefield’s Rob Donnelly, Bob Donnelly, Todd Elfand, Paul Giannone and Kevin Carton represented the landlord. Cushman & Wakefield’s Joshua Cohen and Marc Rosenberg negotiated the largest office lease in the I-78 corridor in 2024, marking a milestone in their nearly 15-year partnership with Regeneron. Beginning in 2010, they supported Regeneron’s growth in New Jersey, ultimately expanding its presence from 14,000 to 65,000 RSF. By 2021, Regeneron sought significant growth and transformation to align with its culture and workplace strategy. Over the ensuing 2.5-year period, the team collaborated with Regeneron to identify and strategize around 300 Warren Corporate Center, a cutting-edge campus in Warren. This meticulous process culminated in a very complicated and creative landmark lease, with relocation set for Summer 2025.
Size: 24,730 SF Brokers: Peter Wisniewski of Kislak, and James DiOrio & Yifei Liu of BHHS Fox and Roach 24,730 s/f in a 69,700 s/f building with ample on-site parking. Great location in “pharma alley” off of a 4-way, lighted intersection of Route 202 with direct access to Routes 202/206, I-287 and I-78.
Size: 47,500 SF Brokers: Gerry Smith and Madelaine Whitehead 2201 Margaret Street in Philadelphia marks a major office lease, transforming a long-vacant chocolate factory into a 47,500 s/f headquarters for Concilio. Blueprint Commercial secured Concilio as the anchor tenant, ensuring a swift lease process to meet their June 2025 deadline. D3 Developers led the redevelopment, incorporating modern upgrades while preserving the building’s historic character. This lease brings critical community services to Bridesburg, driving local investment and economic revitalization. Supported by New Market and Historic Tax Credits, the project exemplifies innovative, mission-driven real estate.
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