TDK Commercial Advisors Completes Multiple Transactions
Philadelphia, PA, November 16, 2015– Thomas D. Kramer, President of TDK Commercial Advisors (“TDKCA”) announces that the firm has completed transactions totaling over $3,000,000 on behalf of a national client base.
At the Gateway Business Center, Philadelphia PA, TDKCA represented the landlord in leases with several tenants. Transamerica leased 3,000 sf and will open their regional offices in January 2016. In the second transaction, TDKCA represented the landlord in a lease with Pruftechnik, who will relocate their operations to 9,000 sf from New Jersey. The tenant was represented by Scott Crumley of Tactix Real Estate Advisors. TDKCA also represented the landlord in a lease with CJ Consulting who will open their Philadelphia office in 1,500 sf. In the fourth lease, TDKCA represented the Landlord in a transaction with an industry leading technology Company who will lease 4,500 sf. The tenant was represented by Kevin Maloney of CBRE. The sum total of these transactions will bring the property to near 95% occupancy. “Gateway Business Center had struggled for quite some time to gain leasing momentum in the market, and with our proprietary targeted marketing program, we quickly leased the majority of the vacant space” added Thomas Kramer. Financial terms of the transactions were not released.
TDKCA also represented a variety of national and local tenants in the acquisition of regional office facilities. In the first transaction, TDKCA represented Kelly Services, Inc. in the acquisition of 2,000 sf at One Commerce Square in Philadelphia. The firm will relocate its regional office from One Liberty Place. In the second transaction, TDKCA successfully represented Beacon Legal Services in the expansion of their offices at 1835 Market Street where Beacon will now occupy over 4,000 sf. Financial terms of the transactions were not released.
ABOUT TDK COMMERCIAL ADVISORS: TDK Commercial Advisors a full service commercial real estate firm whose mission is to be partners with our clients and to provide the energy, enthusiasm, market knowledge and technology required to create solutions for long term real estate
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If you would like more information about this topic, please contact Thomas Kramer at 215.292.5575 or email Tom@TDKCA.com.