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3025 John F Kennedy Bouleva...

Updated Aug 6, 2025

Goodwin Leases 31,500 SF Office Space At 3025 JFK Blvd In Philadelphia
LEASEDOffice

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

Brandywine Realty Trust
Brandywine Realty TrustBrokerage
G
GoodwinTenant

Brocton Office Market Snapshot

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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

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