PernaFrederick Brokers Four Center City Office Space Agreements for 5,222 SF Worth $672,000
Tuesday, June 14th, 2016PHILADELPHIA, PA — PernaFrederick Commercial Real Estate has represented four tenants and one building owner in the lease of approximately 5,222 square feet of office space here having a combined aggregate rental exceeding $672,000.
In the largest of the leases, Matthew Frederick, a principal of PernaFrederick and Joe Viturello, a vice president, represented the law firm of Michael Shaffer and Michael Gaier in the lease of an additional 3,020 square feet on the 4th floor of 8 Penn Center, 1628 JFK Boulevard.
Shaffer and Gaier specialize in personal injury and commercial litigation to offer a skill set that results a superior insight of the trends in these areas of the law.
At Penn Treaty Park Place, 1341 North Delaware Avenue, Viturello and Mike Anderson at PernaFrederick represented Supports Your Way in the lease of approximately 2,500 square feet on the 3rd floor of the building for the relocation of offices presently at 1213 Vine Street.
Supports Your Way operates in the physically handicapped home business within the social services sector.
The owner of Penn Treaty Park Place was represented in the lease negotiations by Vince Jolly, a broker with CVA Commercial Real Estate.
Under an agreement brokered by the team of Viturello, Anderson and Dan Gummel at PernaFrederick, America Works of Pennsylvania, an employment agency, has moved to some 1,745 square feet on the 7th floor of 1401 Arch Street.
Viturello represented AFIAA Arch Street, LLC, the building owner, while Gummel and Anderson represented America Works of Pennsylvania to finalize the space contract.
In the final agreement, Viturello represented Intuitive Counseling, LLC, a mental health counseling service, in the lease of 675 square feet on the 18th floor of 123 South Broad Street. Brian Hitchings, a broker with SSH Real Estate, represented 123 South Broad Partners, the limited investment partnership that owns the building, in finalizing the long-term lease.


The multi-year agreement negotiated by Dan Gummel of PernaFrederick will more than double the size of Zivtech’s center city offices. Matt Guerrieri and Craig Scheuerle, brokers with Newmark Grubb Knight Frank (NGKF), cooperated with PernaFrederick and represented Broad One L.P., owner of the 465,000 square foot building. No aggregate rental was disclosed for the lease.
PHILADELPHIA, PA — PernaFrederick Commercial Real Estate has represented three tenants in the negotiation of lease agreements for approximately 9,432 square feet of downtown office space that have a combined aggregate rental of $1.23 million.


In the second agreement, Michael Anderson and Joe Viturello of PernaFrederick arranged for Lyquix, a marketing, advertising, Web design and development agency, to occupy some 1,500 square feet at 400 Market Street. Lyqiux will soon move to the 3rd floor of 400 Market from its current offices at 620 Chestnut Street in Philadelphia.
In the largest space contract, Viturello represented 1608 Walnut Street Associates, the limited investment partnership that owns 1608 Walnut Street, in renewing a lease for approximately 11,461 square feet on the 18th floor of the building that is occupied by the University of the Arts.
In the largest of the agreements, Joe Viturello, a vice president at PernaFrederick, represented ADR North American, L.P., the owner of the North American Building at 121 South Broad Street, in the extension of an existing lease for some 6,610 square feet, or the entire 7th floor, occupied by Philadelphia Center. According to Viturello, the aggregate rental of the lease extension exceeds $1.4 million.
Dan Gummel, a vice president at PernaFrederick, arranged the multi-year renewal for Hatzel & Buehler, while building ownership was represented by Newmark, Grubb, Knight Frank.
PHILADELPHIA, PA — PernaFrederick Commercial Real Estate has represented the law firm of Jacoby Donner, PC in the lease of approximately 15,434 square feet of class A office space on the 31st floor of 1700 Market Street here.