UGI Corp. Relocates Headquarters To Office Building In King Of Prussia, Pennsylvania
500 North Gulph Road
100,820 SF
Summary
UGI Corp. is relocating its corporate headquarters to a 100,820-square-foot office building at 500 North Gulph Road in King of Prussia, Pennsylvania. Previously, UGI occupied a 97,920-square-foot space at 460 North Gulph. The new building, owned by Brandywine Realty Trust, will be fully leased to biopharmaceutical company CSL Behring, which will sublease its space to UGI.
Summary of transaction details
- Property Type: Office
- Tenant: UGI Corp.
- Landlord: CSL Behring (subleasing from Brandywine Realty Trust)
- Address: 500 North Gulph Road, King of Prussia, Pennsylvania
UGI Corp.'s relocation of its corporate headquarters to 500 North Gulph Road marks a significant shift in their operations. The move allows them to occupy a larger office space, increasing their capacity to support their operations and potentially drive further growth. CSL Behring, the building's primary tenant, will sublease their space to UGI, indicating a collaborative and mutually beneficial arrangement for both companies involved.
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