Real Estate Journal — Pennsylvania — January 12 - 25, 2018 — 3C
www.marejournal.com
M id A tlantic
P ennsylvania Sloan, Healy and Breitmayer of JLL represent Girard Estate Savills Studley’s Smith, Pullen & Joyce represent Jefferson in 237,000 s/f transaction
P
cy, Jefferson will occupy 40% of Jefferson Tower at the top of the building with the option for substantial expansion over time. The building is located directly on top of SEPTA’s Jefferson Station and two blocks from Jefferson’s main campus. The landlord of Jef- ferson Tower, Girard Estate will renovate the lobby, add a direct connection to the Jef- ferson Station concourse and replace the building’s signage with Jefferson signage. Savills Studley’s senior vice president and Philadelphia branch manager Hether
St. stood out as the perfect solution to bring the new entity’s central services staff together under one roof. The building’s proximity to Jef- ferson’s main campus, ex- tremely cost-effective transac- tion terms, location above the central transportation hub at Jefferson Station and iconic rooftop branding rights we secured for one of Philadel- phia’s most visible buildings will make Jefferson Tower the ideal location as Jefferson and its partners commence a new chapter as a unified health organization.” n
Smith , corporate managing director Cathy Pullen and managing director Jay Joyce represented Jefferson in the transaction. Joshua Sloan, David Healy and Alex Bre- itmayer of JLL represented the landlord. “Jefferson was faced with the challenge of integrating the corporate staff of multiple organizations in a central location following several large mergers,” said Smith. “After an extensive search of the greater Philadelphia, Delaware and Southern New Jersey region, 1101 Market
HILADELPHIA, PA — Savills Studley , the leading commercial
real estate f i r m s p e - cializing in tenant rep- resentation, announced that it has negotiated a 237,000 s/f lease for Jef- ferson. Jef- ferson will anchor 1101 Market St., whi ch wi l l be renamed as Jefferson Tower. Following mergers with A b i n g t o n Health, Aria Health, Ken- nedy Health System and Philadelphia University, and comple- t i on o f i t s overall Mas-
Hether Smith
1101 Market Street
Cathy Pullen
Jay Joyce
ter Plan, Jefferson will unify the enterprise’s corporate ser- vices in the new headquarters facility. Upon initial occupan- Rowley, Esq. joins Kaplin | Stewart PHILADELPHIA, PA — Daniel Rowley, Esq. , has joined Kaplin Stewart Mel-
TOP PRODUCER & AWARD WINNING ADVERTISING! 3000+ successful auctions. Hundreds of millions of dollars of personal property and real estate SOLD !
off Reiter & S t e i n , P.C. and is a memb e r of the Land Use, Zoning, and Devel- opment De- p a r t me n t . Prior to join-
LAND ~ SUBDIVISIONS ~ FARMS ~ COMMERCIAL INDUSTRIAL ~ MANUFACTURING ~ RECREATIONAL
Daniel Rowley
ing Kaplin Stewart, Rowley was an associate in the Ca- sualty Litigation Department at Margolis Edelstein, in Philadelphia. Rowley con- centrates his practice in the areas of zoning, land use, and development of commercial, residential, and industrial real estate. Rowleygraduated from Vil- lanova University School of Law with a J.D. and Uni- versity of Pittsburgh with a B.A. in Urban Studies. He also played in the 2008 USA Rugby National Champion- ships in Pittsburgh, helping his team finish in 7th in the country. n
Made with FlippingBook flipbook maker