New Wave Payment Processing Firm
1000 Continental Drive, King of Prussia, Pennsylvania
CBRE was initially engaged to sublease excess space in 2015 on non-contiguous floors within the premises. The space subleased for above the contract rent within one month. Client values real estate as a recruiting tool for expanding upon 230 employee count and, as such, committed to a long-term lease with a total rent expenditure of $43M over the term. CBRE continues to help the client expand their real estate portfolio within PA and other markets.
CBRE Suburban Philadelphia Consolidation
555 E. Lancaster Avenue, Radnor, Pennsylvania
CBRE’s Tenant Advisory Team executed the Workplace360 corporate initiative consolidating two offices into a state-of-the-art facility. The move created an environment that improves productivity and enables CBRE to better serve its clients.
Software Company Right Size
The Shops at Valley Square, Warrington, Pennsylvania
CBRE executed a deal for the client to move into a smaller, more appropriately sized office, allowing for $80K+ of savings per year in lease expenses. The new location features aesthetically pleasing interior design and fulfills the client’s desire for a mix of both office and open collaborative space.
Financial Services Company Expedited Move-In
600 W. Dekalb Pike, King of Prussia, Pennsylvania
From the client’s initial tour in April to the lease commencement date in early June, CBRE was able to execute the deal and move the client into the new location, their first PA office, in only six short weeks. The client seeks to attract talent and grow their business with this modern, well-located space.
Contact Center Headquarters Relocation
410 Horsham Road, Horsham, Pennsylvania
CBRE consolidated three client locations into a single floor and secured several benefits for the client, including a high parking ratio, high-end furnishings, multiple renewal options, and a right of first offer.