Investor Thyland Associates' 8-story Biddle Building, at
1217 Sansom in a long-dreary industrial/back-office block of Center City
Philadelphia that was prematurely projected as the back end of a Hotel Indigo
that didn't happen, has won new life as home to three hopeful young
digital-economy companies, totalling 11,200 sq ft and $1.25M/year, says
brokerage PernaFrederick.
Enterprise-mobility software-maker CloudMine, once a
tenant at the Inquirer's digital incubator, is taking the sixth floor: PF's Joe
Gummel rep'd the tenant. Boutique branding agency At Media is taking half the
fourth floor: PF's Joe Viturello and Mike Anderson found it for the firm. Ark
Ideas, a retailing ad-and-marketing agency, is taking the rest of the fourth
floor; Keith Kiner represented landlord and tenant.
Midtown Village, best known as a residential
neighborhood, "has become an office submarket, all to itself," said Kiner,
who previously represented Goldman Properties. He added that the Biddle's high
barrel-vaulted masonry ceilings and other historic features appeal to
"mid-sized arts, cultural and technology businesses."
Source: Philly.com
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