As my colleague Michael Armstrong writes today, one of Center City's big landlords, Mass.-based CommonWealth Real Estate Investment Trust, which owns Philly's BNY Mellon, PNC, Centre Square (ex-CoreStates and Comcast) and One Franklin Plaza (ex-Glaxo) towers, says it's talking to a potential tenant for a part of the vacant Glaxo complex (the whole place used to cover 800,000 sq ft, including 600,000 sq ft of CommonWealth property).
Read Mike's story, which also focuses on a CommonWealth shareholder revolt,here.
Who's hunting for a big chunk of Philly office space these days? As I noted Feb. 4, citing Jeff Seligsohn-Peter Soens' SSH Real Estate's annual report:
- Frugal chemical-maker FMC Corp. is looking for a bloc of around 200,000 sq ft to consolidate its several headquarters and support offices in Center City.
-- Law firm Pepper Hamilton also needs around 200,000.
-- Beneficial Bank wants a new 100,000 sq ft headquarters, though boss Gerry Cuddy gives signs of closing on 1818 Market.
-- The nonprofit Pennsylvania Health Management Corp. is also looking for around 100,000 sq ft.