PernaFrederick Represents Three Tenants In Lease of 10,473 SF With Combined Aggregate Value Exceeding $1.9 Million

PHILADELPHIA, PA — PernaFrederick Commercial Real Estate has represented three tenants for approximately 10,473 square feet of downtown office space that have a combined aggregate rental exceeding $1.9 million.

The PernaFrederick brokerage team of Matt Frederick, a principal, Joe Viturello, a vice president, and Matthew Tomeo, an associate, negotiated all of the agreements.

In the largest of the leases, The Philadelphia School of Massage & Bodywork, Inc., will occupy approximately 6,000 square feet on the eighth floor of 117-131 N. Eight Street. The space contract brokered by Viturello and Tomeo will commence June 1.

Michael Kahan, a broker with Colliers L&A, cooperated with PernaFrederick and represented building owner the WZ Group, LLC, in finalizing the lease.

At The Sterling, 1819 JFK Boulevard, Viturello represented SMART Transportation in the arrangement of a new space contract for 2,473 square feet on the fourth floor. Jason Bernardi, a broker with Cushman & Wakefield, represented CCIP Sterling LP, the building owner, in closing the space contract that begins May 1.

In the third agreement, Viturello and Frederick represented Back on My Feet in the negotiation of a long-term renewal agreement for some 2,000 square feet on the 21st floor of the Land Title Building at 100 S. Broad Street.

MS Fox in Philadelphia cooperated with PernaFrederick and represented LTB Limited Partnership, the building owner, in the renewal negotiations.