UGI Corp. Moving KOP Headquarters

UGI Corp. moving King of Prussia headquarters as flight to quality continues

In a move emblematic of the increasing demand for higher quality office space, energy distribution and services company UGI Corp. is moving its corporate headquarters a half-mile west in King of Prussia, from 460 N. Gulph Road to 500 N. Gulph Road.

The former has 97,290 square feet and the latter has 100,820 square feet. Both are near King of Prussia Town Center and routes 422, 202 and I-76. Though the location and the size of the buildings are similar, the major difference is that 500 N. Gulph Road, which was built in 1979, underwent a $29.7 million renovation in 2019. Owned by Brandywine Realty Trust (NYSE: BDN), the five-story building now has a fitness center with locker rooms, a new conference center and a renovated cafeteria, lobby and bathrooms. It also has covered parking and electric vehicle charging stations.

*Article courtesy of Philadelphia Business Journal

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