Thursday, November 27, 2014
Inquirer Daily News

Janney's PA-taxpayer-backed move to 3 Logan

Janney is moving from Commerce Square to Brandywine Realty's newly acquired tower

Janney's PA-taxpayer-backed move to 3 Logan

Janney Montgomery Scott, the Philadelphia-based investment brokerage and investment bank owned by Penn Mutual, has leased 150,000 square feet of Brandywine Realty Trust's newly-acquired red-brick Three Logan tower (formerly the Bell Atlantic building before the ex-Bell operator moved its HQ out of town), Brandywine says here.

Janney has been based in Commerce Square on Market Street, also a partly Brandywine-owned complex.

PA Gov. Tom Corbett signed off on $10 million in state aid to Janney to help move its headquarters earlier this year, after funding was pre-approved by Gov. Rendell and the General Assembly. 

Joseph N. DiStefano
About this blog

PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
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