CBRE arranges three new leases totaling nearly 80,000 s/f at 1111 Old Eagle School Road in Wayne, Pennsylvania

Wayne, PA — CBRE has closed three new office leases totaling nearly 80,000 s/f at the recently renovated class A office property at 1111 Old Eagle School Rd. in Wayne.

The long-term leases include a 38,572 s/f headquarters lease for iPipeline; 32,600 s/f to Comcast Cable Communications Management, LLC d/b/a Comcast Advertising in a relocation from Chesterbrook; and 8,014 s/f to Elemica, a leading provider of Digital Supply Chain Management solutions and the premier multi-enterprise network for global process manufacturing industries.

Scott Gabrielsen of CBRE leads the marketing and leasing team at the property on behalf of the owner, De Lage Landen Financial Services, Inc. (DLL).

“This was a four-year process to right size DLL’s occupancy to 85,000 s/f on the third floor and convert the remainder of the 200,000 s/f building into a multi-tenant configuration with the goal of attracting large full floor tenants,” said Gabrielsen. “DLL is a top-tier client and as an owner/user knows the recipe to attract and retain employees. The recent renovations and amenities enhancements is what attracted iPipeline, Comcast and Elemica to the property, which checks all the boxes for the flight-to quality trend and delivers a workplace that employees want to come to.”