{"id":1004123992,"date":"2015-07-27T05:09:41","date_gmt":"2015-07-27T13:09:41","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=356111"},"modified":"2021-05-14T18:07:27","modified_gmt":"2021-05-15T02:07:27","slug":"suburban-office-market-hot-in-philly-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/suburban-office-market-hot-in-philly-2\/","title":{"rendered":"Suburban Office Market Hot in Philly"},"content":{"rendered":"<p><em>By Adriana Pop, Associate Editor <\/em><\/p>\n<p><a href=\"https:\/\/www.colliers.com\/en-us\/us\" target=\"_blank\" rel=\"nofollow noopener\">Colliers International<\/a>\u00a0leased one of the last large blocks of contiguous Class A office space in the heart of Philadelphia\u2019s suburbs to a single user.<\/p>\n<p><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/07\/Office-Building-at-335-Commerce-Drive-in-Fort-Washington.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignright size-medium wp-image-356114\" title=\"Office Building at 335 Commerce Drive in Fort Washington\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/07\/Office-Building-at-335-Commerce-Drive-in-Fort-Washington.png\" alt=\"335 Commerce Drive in Fort Washington\" width=\"300\" height=\"180\" \/><\/a>The 75,000-square-foot property at 335 Commerce Drive in Fort Washington will become the new headquarters for <a href=\"https:\/\/www.trumarkonline.org\/\" target=\"_blank\" rel=\"noopener\">TruMark Financial Credit Union<\/a>. The company also plans to open a branch location with a drive-thru on-site.<\/p>\n<p>TruMark selected this building because of its strategic location and great visibility. The facility also offers excellent access to major roadways including the Pennsylvania Turnpike and Route 309.<\/p>\n<p>Greg Soffian and Matthew Sall of Savills Studley represented the tenant in the transaction. The Colliers team of John Susanin, Kyle Hilbert, and Sandy Richardson represented the owner, Somerset Properties.<\/p>\n<p>\u201cThis will have a major impact on the Fort Washington office market. This transaction represents nearly 10 percent of Fort Washington\u2019s Class A inventory,\u201d said John Susanin, senior vice president at Colliers International. \u201cIt adds positive momentum to an already hot market that is benefiting from the relocation of several local headquarters and a growing retail corridor, helping to draw new and retain existing tenants in Fort Washington.\u201d<\/p>\n<p>Somerset Properties retained Colliers as the exclusive leasing agent for its five-building, one million-square-foot Fort Washington portfolio in 2014. With the conclusion of the TruMark lease, these assets are currently more than 98 percent occupied.<\/p>\n<p><em>Photo credits: Colliers International<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Colliers International has leased one of the last large blocks of contiguous Class A office space in the heart of Philadelphia&rsquo;s suburbs to a single user.<\/p>\n","protected":false},"author":260,"featured_media":0,"comment_status":"closed","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-1004123992","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 v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Suburban Office Market Hot in Philly - 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\/suburban-office-market-hot-in-philly-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Suburban Office Market Hot in Philly\" \/>\n<meta property=\"og:description\" content=\"Colliers International has leased one of the last large blocks of contiguous Class A office space in the heart of Philadelphia&rsquo;s suburbs to a single user.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/suburban-office-market-hot-in-philly-2\/\" \/>\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=\"2015-07-27T13:09:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T02:07:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/07\/Office-Building-at-335-Commerce-Drive-in-Fort-Washington.png\" \/>\n<meta name=\"author\" content=\"Adriana Pop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/suburban-office-market-hot-in-philly-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/suburban-office-market-hot-in-philly-2\\\/\"},\"author\":{\"name\":\"Adriana Pop\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/c6fbe4a6cd09e6097b39e787ae96d7ad\"},\"headline\":\"Suburban Office Market Hot in Philly\",\"datePublished\":\"2015-07-27T13:09:41+00:00\",\"dateModified\":\"2021-05-15T02:07:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/suburban-office-market-hot-in-philly-2\\\/\"},\"wordCount\":231,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/suburban-office-market-hot-in-philly-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/07\\\/Office-Building-at-335-Commerce-Drive-in-Fort-Washington.png\",\"articleSection\":[\"News\",\"Philadelphia\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/suburban-office-market-hot-in-philly-2\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/suburban-office-market-hot-in-philly-2\\\/\",\"name\":\"Suburban Office Market Hot in Philly - 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