Digitas Leases 55,000 SF Office Space At The Bourse In Philadelphia | 111 South Independence Mall East | Office | Lease

Summary

Lease

PENNSYLVANIA

Office

55,000 sqft

Advertising agency Digitas has signed a lease for 55,000 square feet at the Bourse in Philadelphia. The office space, located at 111 South Independence Mall East, will be occupied by Digitas, with Amy Lanzi representing the tenant. The asking rent for the lease is $61 per square foot.

Summary of transation details

Property Type: Office
Transaction Amount: Not applicable (leased)
Square Footage: 55,000
Address: 111 South Independence Mall East, Philadelphia
Tenant: Digitas
Tenant's Representative: Amy Lanzi
Asking Rent: $61/ft

This lease agreement poses challenges for the financing of the Wanamaker Building in Philadelphia. The historic building, which has already been impacted by early lease terminations, now faces additional financial setbacks as a result.

Details

Deal Summary

LEASED

IMAGE: Amy Lanzi DATE: 07/17/2023 ADDRESS: 111 South Independence Mall East MARKET: Philadelphia ASSET TYPE: Office TENANT: Digitas - Amy Lanzi (@LikeaBossMomNYC) ASKING RENT: $61/ft ~ SF: 55,000 NOTE: Advertising agency Digitas has signed a lease for 55,000 square feet at the Bourse in Philadelphia, posing further challenges for the financing of the Wanamaker Building. The historic building, already affected by early lease terminations, faces financial setbacks as a result.

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Address111 South Independence Mall East

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