AmerisourceBergen looks for office space outside of Chesterbrook

AmerisourceBergen Drug Corp. is looking for an outpost beyond Chesterbrook Corporate Center where it has long been based.

The company is out in the market looking for between 50,000 and 100,000 square feet of additional office space. It has reportedly looked at Conshohocken, Pa., Radnor, Pa., and Newtown Square, Pa.

“As a result of growth we have experienced, we are securing some additional office space to supplement our Chesterbrook facilities,” said Barbara Brungess, company spokeswoman. Brungess declined to comment on specific sites or locations it is considering, how much space it is seeking and what time frame it is working under.

The international drug wholesaler occupies roughly 175,000 square feet at 1300 Morris Drive in Chesterbrook for its corporate offices and headquarters.

Of the office submarkets it is considering, Conshohocken and Newtown Square offer the most flexibility. In Conshohocken, where the company has reportedly narrowed its focus, O’Neill Properties Group has available space and room to construct new office buildings as well as do other developers such as Oliver Tyrone Pulver and Keystone Property Group.

Just last week, O’Neill Properties went before Conshohocken officials to seek a zoning variance to build a 240,000-square-foot building at 200 Washington St. that would be connected to an existing 75,000-square-foot property. The space, O’Neill told borough officials, would be constructed for an international company, according to a report in the Times Herald. Newtown Square has Ellis Preserve where there is room to grow. However, Radnor is one of the tightest office submarkets in the region and limited options.

AmerisourceBergen would be closer to Philadelphia without actually moving to Center City in either of those locations. The company reportedly wants more access to hotels and restaurants when it brings company officials together for corporate meetings and conferences. The sites are also closer to executives living along the Main Line and offer more access to mass transit and mixed-use environments.

Source: Philadelphia Business Journal