The University of Pennsylvania has signed a lease on 150,000 square feet at Discovery Labs in King of Prussia and will use the space for its gene therapy program. The space is in two buildings off Swedeland Road in what had been previously built and used by GlaxoSmithKline and later sold to a Radnor real… Read more »
Plans have been made to redevelop the Lord & Taylor department store at the King of Prussia Mall into office space. The two-story, 119,345-square-foot space will be rebranded as York Factory, a reference to a settlement in Canada that was also the site of a historical Hudson Bay factory. The King of Prussia store hasn’t closed yet… Read more »
PowerPay Co-founders David Haas and Michael Petrakis launched the company just before the Covid-19 pandemic, and started turning a profit six months in. David Haas and his co-founder Mike Petrakis went into the Covid-19 pandemic with $2 million in seed funding from a handful of well-known Philadelphia CEOs, 10 employees and a prayer. The leaders of King of… Read more »
Velocity Venture Partners has paid $9.3 million for 780 Fifth Ave., a 97,000-square-foot flex building in King of Prussia. The acquisition is one of a series that Velocity has made this year as it spent $150 million to double its industrial holdings in Pennsylvania and New Jersey. The company bought 2 million square feet across… Read more »
Protecs Inc., a Plymouth Meeting company that has spent the last eight years converting offices into lab space for life science and tech firms, has set its sights on developing a new 74,000-square-foot building in Upper Merion. The new structure will be built on nearly six acres at 3700 Horizon Drive and connected to an… Read more »
Purolite Corp. has relocated its headquarters to King of Prussia from its longtime home in Bala Cynwyd. The company, which makes specialty resins used in the pharmaceutical and other industries, signed a 10-year lease on 12,500 square feet at 2201 Renaissance Blvd. Equus Capital Partners is the landlord and the company completed a move into… Read more »
Market Stat: Mixed-Use Amenities and Proximity to Suburban Office Parks Are Helping King of Prussia Apartment Developments Stand Out Almost 2,000 new, luxury apartment units have delivered in King of Prussia, Pennsylvania, just in the past two and a half years. While this rapid growth in high-end apartment options would cause apartment fundamentals to buckle… Read more »
Wolf Commercial Real Estate specializes in representing King of Prussia office space for buyers, sellers, owners and tenants. We are the unparalleled experts in King of Prussia commercial real estate listings and services. The team at our King of Prussia commercial real estate brokerage firm provides ongoing detailed information about office space in King of… Read more »
WCRE is proud to have exclusively represented ANGLE North America, Inc. in the leasing of 2,452 square feet of office space at 1150 First Avenue, King of Prussia, PA. ANGLE North America, Inc., is a cancer research firm that develops products for usage in uncommon cell diagnostics that enable early identification of a person’s condition… Read more »
WCRE is proud to have exclusively represented ANGLE North America, Inc. in the leasing of 2,452 square feet of office space at 1150 First Avenue, King of Prussia, PA. ANGLE North America, Inc., is a cancer research firm that develops products for usage in uncommon cell diagnostics that enable early identification of a person’s condition… Read more »
