{"id":1004052868,"date":"2012-01-19T04:21:12","date_gmt":"2012-01-19T12:21:12","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=31981"},"modified":"2022-12-08T08:47:00","modified_gmt":"2022-12-08T16:47:00","slug":"new-headquarters-for-endo-pharmaceuticals-in-malvern","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/new-headquarters-for-endo-pharmaceuticals-in-malvern\/","title":{"rendered":"New Headquarters for Endo Pharmaceuticals in Malvern"},"content":{"rendered":"<p style=\"text-align: justify\">By Veronica Grecu, Associate Editor<\/p>\n<p style=\"text-align: justify\">Chadds Ford-based Endo Pharmaceuticals will relocate to a new headquarters building in<a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/01\/imc-ENDO.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-31985\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/01\/imc-ENDO.jpg\" alt=\"\" width=\"300\" height=\"168\" \/><\/a> Chester County. Designed by L2 Partridge, the 320,000-square-foot facility will be developed by Trammel Crow Co. for IMC Construction on Route 29 in Malvern, according to <em>a Philadelphia Business Journal<\/em> news report.<\/p>\n<p style=\"text-align: justify\">Work has already begun at the site\u2014the Atwater Corporate Center\u2014which is owned by IMC Construction. Scheduled for completion by December 2012, the office complex will consist of two detached five-story buildings that will be connected by walkways and a single-story garage with 420 parking spaces. As reported by a similar article published by <em>Philadelphia Inquirer<\/em>, the pharmaceutical company has signed a 12-year lease with three renewal options, each for an additional 60-month extension. During the first year of the lease Endo agreed to pay a monthly rent of $466,250 and with each subsequent year, the amount will increase by 2.25 percent. The company can also add up to 150,000 square feet of space in the first four years, reports the <em>Inquirer<\/em>.<\/p>\n<p style=\"text-align: justify\">While Endo\u2019s new headquarters project is seen as the first big commercial development in the region announced for 2012, <em>Philadelphia Business Journal<\/em> wrapped up 2011 with a list of commercial real estate highlights. The $1.25 billion paid by Simon Property Group for the 2.4-million-square-foot King of Prussia mall was the region\u2019s biggest transaction in terms of dollars and square feet. A long distance away is the next big deal closed by David Werner Real Estate Investment, which paid $143.5 million for an 841,000-square-foot building located at 1700 Market Street, followed by an affiliate of the Morris Companies which purchased Ashbridge Square, a 386,016-square-foot shopping center in Downingtown, for $51.75 million.<\/p>\n<p style=\"text-align: justify\"><em>Photo courtesy of IMC Construction website<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Veronica Grecu, Associate Editor<br \/>\nChadds Ford-based Endo Pharmaceuticals will relocate to a new headquarters building in Chester County. Designed by L2 Partridge, the 320,000-square-foot facility will be developed by Trammel Crow Co. for IMC Construction on Route 29 in Malvern, [&#8230;]<\/p>\n","protected":false},"author":258,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1494],"tags":[],"class_list":["post-1004052868","post","type-post","status-publish","format-standard","hentry","category-latest","category-philadelphia"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Headquarters for Endo Pharmaceuticals in Malvern - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/new-headquarters-for-endo-pharmaceuticals-in-malvern\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Headquarters for Endo Pharmaceuticals in Malvern\" \/>\n<meta property=\"og:description\" content=\"By Veronica Grecu, Associate Editor Chadds Ford-based Endo Pharmaceuticals will relocate to a new headquarters building in Chester County. Designed by L2 Partridge, the 320,000-square-foot facility will be developed by Trammel Crow Co. for IMC Construction on Route 29 in Malvern, [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/new-headquarters-for-endo-pharmaceuticals-in-malvern\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-01-19T12:21:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T16:47:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/01\/imc-ENDO.jpg\" \/>\n<meta name=\"author\" content=\"Veronica Grecu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@VeraGrecu\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-headquarters-for-endo-pharmaceuticals-in-malvern\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/new-headquarters-for-endo-pharmaceuticals-in-malvern\/\",\"name\":\"New Headquarters for Endo Pharmaceuticals in Malvern - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-headquarters-for-endo-pharmaceuticals-in-malvern\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-headquarters-for-endo-pharmaceuticals-in-malvern\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/01\/imc-ENDO.jpg\",\"datePublished\":\"2012-01-19T12:21:12+00:00\",\"dateModified\":\"2022-12-08T16:47:00+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e8362e8641769829162f16fe58091f62\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-headquarters-for-endo-pharmaceuticals-in-malvern\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/new-headquarters-for-endo-pharmaceuticals-in-malvern\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-headquarters-for-endo-pharmaceuticals-in-malvern\/#primaryimage\",\"url\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/01\/imc-ENDO.jpg\",\"contentUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/01\/imc-ENDO.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-headquarters-for-endo-pharmaceuticals-in-malvern\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New Headquarters for Endo Pharmaceuticals in Malvern\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e8362e8641769829162f16fe58091f62\",\"name\":\"Veronica Grecu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Veronica_Grecu.jpg?w=93\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Veronica_Grecu.jpg?w=93\",\"caption\":\"Veronica Grecu\"},\"description\":\"Veronica Grecu is a senior creative writer and researcher for RentCafe. 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