4A — April 29 - May 12, 2016 — M id A tlantic
Real Estate Journal
www.marejournal.com
M id A tlantic R eal E state J ournal TDK Commercial Advisors completes over $3.5 million in regional transactions
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Realty in leasing over 12,000 s/f to several tenants. RSVP, an established non-profit group will lease over 5,000 s/f in a long term transac- tion. They will be relocating from Blue Bell. In another transaction, TDKCA repre- sented The AT Work Group, a staffing personnel agency in the leasing of over 1,800 s/f on the first floor. In the last transaction, TDKCA repre- sented the owner in the leas- ing of over 1,400 s/f to Main Line Recovery, a collection agency relocating fromGreat Valley, PA. These transac- tions will take the property to over 80% leased in just a
few short months. Kramer said that “TDKCA’s prov- en leasing and marketing
Recovery was represented by Binswanger . In other news, TDKCA
DDCWorks was represented by CBRE and Vanderweil was represented by Colliers International . TDKCA also completed two tenant representation assign- ment on behalf of long time clients. In the first transac- tion TDKCA represented Hello Creative, a new adver- tising and marketing firm in the leasing of over 2,200 s/f at 1845Walnut St. The firm has already opened for business. In the second transaction TDKCA represented Console Law Offices in the long term renewal of their lease at 1525 Locust St., a lease valued at more than $1.3 million. TDKCA is also pleased to announce that they have been named the sales and leasing agent for 106 Gay St., Philadelphia. The 12,000 s/f property is located in the heart of Manayunk, and is of- fered for sale at $1.5 million. The firm has also been named the leasing and mar- keting agent for 198 Allen- dale Rd., King Of Prussia. The property is 25,000 s/f and will be undergoing a complete building renovation over the next several months taking the property to class A status. With exciting design conception already in the works, the landlord plans to spend several million dollars and expects completion by Q3 2016. 198 Allendale Rd. is located only steps from the King Of Prussia Mall and will capitalize on the up- swing in activity in the King Of Prussia marketplace. “King Of Prussia is undergo- ing a tremendous transfor- mation as more residential and retail is constructed. It is proving to be a key suburban location for many businesses and residents alike. This full building renovation will help to make this stand-out office property become a class A project.” Kramer said. “We already have leases out for 25% of the property, with seri- ous negotiations underway for an additional 40%. We expect to be fully leased by the time renovations are complete. Kramer commented that, “TDKCA continues to gain momentum on both the land- lord agency and tenant rep- resentation side of the indus- try. We fully expect to begin to add significant staff and experienced brokers in the coming months as we con- tinue our projected growth”. n
ING OF PRUS- SIA, PA — Thomas Kramer , president of
TDK Com- m e r c i a l Ad v i s o r s ( TDKCA ) announced t h a t t h e f i r m h a s c omp l e t ed transactions totaling over
“King Of Prussia is undergoing a tremendous transformation as more residential and retail is constructed. It is proving to be a key suburban location for many businesses and residents alike.”
program continues to help owners and investors lease properties with quality ten- ants, in tough markets. Our model generates tremendous activity using a very specific agenda, and the results have been terrific”. RSVP was rep- resented by Gola Corporate Real Estate and Main Line
represented the owner of The Cast Iron Building (718 Arch St., Philadelphia) in the leasing over of over 10,000 s/f to two tenants. Vanderweil Engineers renewed their lease and expanded into 7,488 s/f while DDCWorks will be relocating from Con- shohocken into 4,500 s/f.
Thomas Kramer
$3.5 million on behalf of a national client base as well as several new key listings. At Cedar Run Corporate Center (901 E. 8th Ave., King Of Prussia) TDKCA represented the owner, SJS
TDK Commercial Advisors creates outstanding solutions with proven results Landlord & Tenant Representation • Investment Sales • Consulting • Portfolio Management
Thomas D. Kramer , President Tom@TDKCA.com 215.292.5575 2200 Renaissance Boulevard, Suite 210, King of Prussia, PA 19406
www.TDKCA.com
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