Fox Rothschild Partner Craig L. Finger spearheaded two Pennsylvania real estate transactions that were among the Philadelphia Business Journal’s Best Real Estate Deals of 2023: Office Winners list.*
Office Sale:15 Kings Grant Drive
Finger represented Norden Realty Investments in the purchase of 15 Kings Grant Drive in Bala Cynwyd for $20.3 million. As noted by the Philadelphia Business Journal, the $356 per square foot price made it “one of the highest-valued properties in the suburban Philadelphia market in 2023 on a per square foot basis.” The building underwent a complete overhaul by previous owner Keystone Development and Investment and includes a new 100-space parking deck.
Office Lease:Fox Rothschild’s Lease at 2001 Market Street
Finger led the representation of Fox Rothschild in lease negotiations for the firm’s historic relocation to Two Commerce Square. The firm will occupy 78,500 square feet at the new location starting in late 2024. As reported by the Philadelphia Business Journal, the “move represents the flight-to-quality trend seen throughout the office market as Fox Rothschild valued the new location’s parking, amenities and ability to fully redesign the office.” The firm was at its previous location for 46 years.
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