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Clement Pappas Signs 34200 Square Feet Headquarters Lease At 1100 Ludlow Street Philadelphia

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LEASED

Pennsylvania

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Office34,200 SF
Leased 09/25/2025
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Property Image
LEASED

Clement Pappas Signs 34200 Square Feet Headquarters Lease At 1100 Ludlow Street Philadelphia

1100 Ludlow Street

See Similar Deals
Office34,200 SF
Leased 09/25/2025
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Summary

PENNSYLVANIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:34,200 SF
Transaction Type:Lease

The property involved in this transaction is located at 1100 Ludlow Street in Philadelphia, featuring an asset type categorized as an office space. The total square footage of the property is 34,200 square feet. The lease agreement signifies a commitment from the tenant for a significant duration.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Lease Date: 09/25/2025
  • Landlord: National Real Estate Development
  • Tenant: Clement Pappas - Stateside Brands
  • Brokers: Jonas Skovdal & Brian Young - Cushman & Wakefield

Clement Pappas - Stateside Brands has secured a headquarters lease at the specified address, with plans to move in during the spring of 2026 following a custom buildout. Cushman & Wakefield's brokers, Jonas Skovdal and Brian Young, represented Stateside Brands in this transaction, while the property ownership lies with National Real Estate Development.

Players

Jonas Skovdal
6 deals$23.3M volume
BROKER


Cushman & Wakefield
BROKERAGE


Clement Pappas
Stateside Brands
1 deal
TENANT

Details

LEASED
IMAGE: 09/25/2025 ADDRESS: 1100 Ludlow Street MARKET: Philadelphia ASSET TYPE: Office ~ SF: 34,200 LANDLORD: National Real Estate Development TENANT: Clement Pappas - Stateside Brands BROKERS: Jonas Skovdal & Brian Young - Cushman & Wakefield NOTE: Stateside Brands signed a 34,200-square-foot headquarters lease at 1100 Ludlow Street in Philadelphia’s East Market development, with a move-in planned for spring 2026 after a custom buildout. Cushman & Wakefield’s Jonas Skovdal and Brian Young represented Stateside, while National Real Estate Development owns the property.

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Deal Type
Effective Rent (Annual)

$1,960,323.36

Total Lease Value

$19,603,233.62

Net Landlord Cash Flow$1,960,323.36