TDK Commercial Advisors announces over $4.95 million in new transactions
Philadelphia, PA — Thomas Kramer, president of TDK Commercial Advisors (TDKCA), announces a series of newly completed office leases on behalf of several clients in Pennsylvania.
TDKCA represented Roch Capital at the King of Prussia Business Center in leasing more than 11,000 s/f to the International Ministries at 1003 West 9th Ave. The non-profit organization will occupy the space before year end, for administrative offices. The lease had a value of over $2.4 million. Also at the King of Prussia Business Center, TDKCA represented the ownership in leasing over 4,000 s/f to Gym Jam, a state of the art learning center serving children with autism and other related special needs and their families in the Greater Philadelphia area. TDKCA completed a third lease with CNNH, a regional organization that works with children suffering from autism. Both leases have a combined value of over $600,000. Kramer remarked that “The King of Prussia Business Center continues to attract quality tenants as King of Prussia itself is becoming an even hotter market in which to relocate. Added infrastructure and amenities in the area and affordable rental rates combine to make King of Prussia a tremendous value for office space.” The International Ministries was represented by Patrick Nowlan of Newmark Grubb Knight Frank; CNNH was represented by Scott Williams of Avison and Young; Gym Jam was represented by Paul Woflson of NAI Geis Realty.
At 1 Chelsea Parkway, Boothwyn, TDKCA represented SJS Realty in leasing 10,000 s/f to Amerisans, who will relocate their corporate headquarters to the site. Amerisans executed a long term lease valued at over $700,000. TDKCA acted as sole broker in the transaction.
TDKCA represented AMC Delancey in leasing 5,800 s/f to Women In Transition, a non-profit organization based in center city Philadelphia. The group will relocate to the 4th floor in September 2017, and completed a long term lease valued at more than $1.2 million.
Kramer further commented that “TDKCA continues to provide regional and national landlords with expert consulting services, and strategies, which yield strong leasing activity throughout our portfolio.” ν