Hatzel & Buehler Extends Lease for 8,430 SF at Ten Penn Center

PHILADELPHIA, PA — PernaFrederick Commercial Real Estate has represented Hatzel & Buehler, the nation’s oldest electrical construction company, in the renewal and expansion of its lease for approximately 8,430 square feet at Ten Penn Center, 1801 Market Street here.

10 Penn CenterDan Gummel, a vice president at PernaFrederick, arranged the multi-year renewal for Hatzel & Buehler, while building ownership was represented by Newmark, Grubb, Knight Frank.

Gummel disclosed no aggregate rental for the lease renewal that will continue Hatzel & Buehler’s occupancy on the second floor of the 27-story building at the northwest corner of 18th and Market Streets.

The oldest electrical contracting company in America established by two electricians who worked with Thomas Edison, Hatzel & Buehler employs 700 IBEW electricians and is signatory to 21 local unions in Delaware, Michigan, New Jersey, New York, Ohio, Pennsylvania and West Virginia.

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