Philadelphia, PA — Thomas Kramer, president of TDK Commercial Advisors (TDKCA), announced a series of newly completed office leases. TDKCA represented Post Brothers in lease transactions with several new tenants at Monroe Office Center, a two-story office property in Philadelphia. Located at 1 Winding Dr., Monroe Office Center.
• Elegance in Dentistry, which has leased 3,500 s/f on the first floor of Presidential City, will open its new office in Q1 2017. • Everwash signed a new lease for 1,700 s/f. • Jason’s Toridasu signed a 1,160 s/f lease for its local corporate office. • Children’s Choice, Inc. signed a 4,000 s/f lease. • Rogers Memorial Hospital signed the largest new lease and will occupy 11,000 s/f on the building’s first floor. This leasing activity now brings the occupancy of Monroe Office Center to near 90%. Thomas Kramer reports: “This project has experienced tremendous leasing activity while undergoing extensive renovations. The market has responded favorably as interest from prospective tenants is at a fevered pace. We expect to reach 100% occupancy over the next several quarters.”
Post Brothers Managing Director Randy Hope added: “As Post Brothers continues to transform Presidential City into one Philadelphia’s most desired residential addresses, the reinvention is extending to Monroe Office Center, which has become a sought-after office location. We are excited to be building such a diverse tenant roster at the property.”
TDKCA also represented the law firm of Kelly Jasons McGowan Spinelli Hannah & Reber in the acquisition of office space in Pittsburgh, PA. The firm will be relocating their regional office into 707 Grant Street by the end of the calendar year.