Jerry Bermingham spins around the concourse at the King of Prussia Mall, pointing out all the amenities nearby: A recently opened Starbucks. A Neiman Marcus store. Farther down, a food court. Smack in the middle of all those shopping and hospitality options sits a vacant anchor store previously home to Lord & Taylor, which closed in… Read more »
An affiliate of Piazza Management is proposing an expansive mixed-use development in King of Prussia that calls for hundreds of new apartments, a parking garage and tripling the size of an existing office building. Late developer and car dealership owner Vince Piazza acquired the 18.14-acre property at 1100 First Ave. in 2016 under an entity called Royale… Read more »
More life sciences space is headed to King of Prussia. MLP Ventures has gained approval to add 37,234 square feet of lab and life sciences office space onto an existing building it owns at 2100 Renaissance Blvd. The three-story expansion was approved unanimously by the Upper Merion Township Board of Supervisors on Sept. 8. *Article… Read more »
Three years after moving into 500 N. Gulph Road in King of Prussia, CSL Behring has decided to sublease the 100,820-square-foot building. CSL Behring is not unlike other companies in evaluating its space needs during the pandemic that sent employees to work remotely. GlaxoSmithKline and Radian Group Inc. are two companies that were early to… Read more »
MLP Ventures acquired two office buildings at 2201 and 2100 Renaissance Blvd. in King of Prussia, Pennsylvania, for $41.8 million, or about $180 per square foot, from Equus Capital Partners. The two office buildings total 232,644 square feet in the Renaissance Park business center. There is 98,764 square feet of contiguous space available for lease… Read more »
Greenphire, a technology company that focuses on the clinical trial industry, has more than doubled its King of Prussia headquarters and plans to double its employee count over the next two to three years. The company now leases 55,000 square feet at Valley Forge Park Place at 1018 W. 9th Ave., where it had been… Read more »
