4-14-17

Real Estate Journal — Southeastern PA — April 14 - 27, 2017 — 11C

www.marejournal.com

M id A tlantic

S outheastern PA

Project will be managed by Rob Fogarasi and Steve Wurtz Haber and Kramer of Binswanger negotiate 12- year, 10,660 s/f lease for the Philadelphia Foundation

Dagit joins NGKF’s Philadelphia Office in Center City Philadelphia, PA — Newmark Grubb Knight Frank (NGKF) welcomed Mi- chael Dagit to its Philadelphia tion (TPF), Binswanger an- nounced the completion of a 10,660 s/f, twelve-year lease from NC 1835 Market St. LP, located at 1835 Market St. in Philadelphia. Additionally, Binswanger has been chosen to provide project manage- ment services for Philadelphia Foundation’s space fit out. P Neil Brazitis , senior manag- ing director, specializing in tenant and landlord represen- tation. Prior to joining NGKF, Dagit was a sales associate for Jones Lang LaSalle (JLL), where he worked in the suburban Phila- delphia office market providing strategic real estate advisory and transaction expertise to owners, occupiers and inves- tors. Dagit graduated from The Pennsylvania State University (Penn State), University Park, Pennsylvania, with a Bachelor of Arts degree in Communica- tions Arts and Sciences, with a minor in Business Liberal Arts. While at Penn State, Dagit played an active role in THON, the largest student-run phil- anthropic event in the world, which raises millions of dollars annually to benefit pediatric cancer research. “Mike Dagit is a strong ad- dition to our growing team of talented young advisors. He will join forces with the Smith/ Brazitis team and receive guid- ance from two of the most respected real estate profes- sionals in the city of Phila- delphia. He is highly driven, which will no doubt lead him to tremendous success within our organization,” commented Steve Cousart , executive vice president, managing director of NGKF. n HILADELPHIA, PA — On behalf of The Philadelphia Founda- Michael Dagit office in the Central Busi- ness District (CBD). Dagit will join the team of Sid- ney Smith , e x e c u t i v e m a n a g i n g director and

Founded in 1918, TPF strengthens the economic, so- cial and civic vitality of Great- er Philadelphia. TPF grows effective philanthropic invest- ment, connects individuals and institutions across sectors and geography, and advances civic initiatives through part- nerships and collaboration. A publicly supported founda- tion, TPF manages assets of over $392 million and more than 900 charitable funds established by its fund hold- ers. It distributes about $25 million annually to nearly 1,000 nonprofits as grants and

scholarships. 1835 Market St. (formerly 11 Penn Center) is a 29-story, 686,503 s/f building located within two blocks of Subur- ban Station. The building is accessible to all public trans- portation and close to major roadways including I-95, I-676 and I-76. The transaction for the ten- ant was handled by Josh Haber and Jason Kramer , both senior vice presidents in Binswanger’s Philadelphia office. The project will be man- aged by Rob Fogarasi and Steve Wurtz . n

Josh Haber Jason Kramer

Rob Fogarasi

Steve Wurtz

1835 Market St.

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Michael Dagit

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