Mid Atlantic Retina Expands With Long-Term Lease At Philadelphia Navy Yard | 1 Crescent Drive | Scott Martin | Office | Lease

Summary

Lease

PENNSYLVANIA

Office

12,679 sqft

The Philadelphia Navy Yard has become home to Mid Atlantic Retina, a leading retina specialist, thanks to a long-term lease secured with the assistance of Avison Young. With an address at 1 Crescent Drive, this office space offers 12,679 square feet of space for the growing healthcare provider. Situated in the bustling life science sector of Philadelphia, this strategic move aligns with Mid Atlantic Retina's expansion plans into Pennsylvania.

Summary of transaction details

Property Type: Office
Transaction Amount: Not mentioned
Square Footage: 12,679 SF
Address: 1 Crescent Drive
Market: Philadelphia

Brokered by Scott Martin of Avison Young, this lease agreement provides Mid Atlantic Retina with the opportunity to expand their presence in a thriving location. Led by Rhonda Ceretelle, Mid Atlantic Retina's decision to establish a foothold in the Philadelphia Navy Yard demonstrates their strategic vision and commitment to serving the life science industry in the area.

Players

All
2

Agents
1
Agencies
1

Scott Martin

Principal

$45.2M Sold

Avison Young

Details

Deal Summary

LEASED

IMAGE: Scott Martin DATE: 07/18/2023 ADDRESS: 1 Crescent Drive MARKET: Philadelphia ASSET TYPE: Office ~ SF: 12,679 TENANT: Mid Atlantic Retina - Rhonda Ceretelle BROKER: Scott Martin (@ScottianMartin) - Avison Young (@Avison_Young_Global) LEASE TERMS: long-term NOTE: Avison Young has helped Mid Atlantic Retina secure a long-term lease at the Philadelphia Navy Yard, enabling the retina specialist to expand into Pennsylvania. This strategic move aligns with their growth strategy and grants them access to the thriving life science sector in the area.

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Address1 Crescent Drive

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