Updated Aug 6, 2025
Goodwin Leases 31,500 SF Office Space At 3025 JFK Blvd In Philadelphia
3025 John F Kennedy Boulevard Philadelphia, PA 19104, USA
Building Size
31,500 SF
Asset Type
Office
Closing
Sep 7, 2023
About this deal
AI
Global law firm Goodwin is relocating to 3025 John F Kennedy Blvd in Philadelphia's University City in early 2024. The new office space in Schuylkill Yards will provide a modern and collaborative environment for Goodwin's practitioners in the fields of life sciences, healthcare, private equity, and complex litigation & dispute resolution. The office building, with a total area of 31,500 square feet, offers ample space to accommodate the firm's expanding team.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
- Address: 3025 John F Kennedy Blvd
- Market: Philadelphia
- Landlord: Brandywine Realty Trust - Jerry Sweeney
- Tenant: Goodwin - Barbara Shander & Rachael Bushey
Goodwin's decision to relocate to 3025 John F Kennedy Blvd highlights the firm's commitment to establishing a strong presence in Philadelphia. By choosing Schuylkill Yards, Goodwin will be strategically located in the vibrant University City, a hub for innovation and growth in the region. The move will enable Goodwin to further develop its expertise and better serve its clients in various industries, including the life sciences, healthcare, private equity, and complex litigation & dispute resolution sectors.
Players
Brocton Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Browse Brocton office leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93