Thursday, January 21, 2016

Penn Medicine leases more space at Centre Square



The University of Pennsylvania Health System has added to its space at Centre Square and now occupies a total of 264,000 square feet in the Center City office tower.


The health system signed a lease on the 23rd floor, or roughly 29,583 square feet, in the west tower of the building, according to various real estate sources. The new lease is for roughly 10 years.

Penn’s health system maintains operations related to finance and staff training in the building, according to a spokeswoman at health system, who declined to answer additional questions about its presence in the property.

Penn Medicine, which initially signed onto space in the building in 2007, has been growing its Center City presence ever since. Just in 2014, it signed a lease to take another 56,000 square feet, which is two full floors, at Centre Square West. Penn Medicine Academy and Nursing Professional Development and Innovation are among the operations the health system houses in the building.


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