TDKCA Closes Two New Lease Deals In Philadelphia
Philadelphia, PA, May 11, 2015– Thomas D. Kramer, President of TDK Commercial Advisors (“TDKCA”) announces that the firm has completed transactions totaling over $1,100,000 on behalf of several national clients.
TDKCA represented California Closets in the acquisition of their fourth regional location, at 1931 Chestnut Street. This location will be their center city showroom, and should be open by August 1, 2015. Thomas Kramer, President of TDKCA commented that “we are proud to have represented California Closets in this transaction for what will become a premier showroom. We are also proud of our expanding relationship with this client”.
TDKCA also represented the law firm of Soloff & Zervanos in the renewal of their headquarter lease at 1525 Locust Street, Philadelphia Pa. The lease has a value of over $700,000.00 and will run for 60 months. This is the third transaction TDKCA has completed on behalf of the client. “Soloff & Zervanos wanted to remain a tenant in the property, and was able to achieve a fair rent and get improvements made to the space. It was a win-win for both landlord and tenant” commented Kramer. The firm occupies just shy of 6,000 s.f.
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.