PHILADELPHIA, PA —Macquarie Investment Management, a global asset management firm and part of Macquarie Group, and Keystone Property Group announced that Macquarie will relocate its Philadelphia headquarters to 100 Independence Mall West in 2020. Macquarie has entered into a lease agreement with Keystone Property Group to occupy 145,000 s/f of space in the historic building. Macquarie plans to redevelop the space, which is located steps from US landmarks including the Liberty Bell, National Constitution Center, and Independence Hall, where the Declaration of Independence was signed.
“Our US mutual fund business has been in Philadelphia since 1929, and we are proud to say the city is the global headquarters for our investment management business,” said Shawn Lytle, deputy global head of Macquarie Investment Management and president of Delaware Funds by Macquarie. “With this move, we look forward to reimagining this iconic space to combine the best of old and new, maintaining its historical significance while modernizing it to reflect our company culture and our position as a destination employer in the Delaware Valley.”