PernaFrederick Brokers $1.3 Mil. Lease For Altitude Group To Expand To 6,103 Square Feet At 1315 Walnut Street

PHILADELPHIA, PA— PernaFrederick Commercial Real Estate has represented The Altitude Group, Inc., in the negotiation of a long-term space contract that will expand that firm’s offices to 6,103 square feet at The Philadelphia Building, 1315 Walnut Street.

Joe Viturello, a vice president at PernaFrederick, arranged the lease with Philadelphia Building Associates, the building owner.  The aggregate rental of the lease exceeds $1.3 million, Viturello said.

Headquartered in London, The Altitude Group is the leading provider of technology and information services to the promotional products, print, and clothing industries. The international firm uses proprietary technologies to provide resellers with an easy way to promote products online.

Under the new space contract, The Altitude Group will occupy approximately one-half of the 14th floor in the building that contains more than 213,763 square feet on 17 floors containing approximately 12,000 square feet each.