{"id":1004159024,"date":"2016-11-14T09:08:57","date_gmt":"2016-11-14T17:08:57","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004159024"},"modified":"2020-04-06T04:40:14","modified_gmt":"2020-04-06T12:40:14","slug":"kairos-repositions-suburban-philly-office-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/kairos-repositions-suburban-philly-office-campus\/","title":{"rendered":"Kairos Repositions Suburban Philly Office Campus"},"content":{"rendered":"<p><em>By Adriana Pop<\/em><\/p>\n<p><strong>King of Prussia, Pa<\/strong>.\u2014<a href=\"https:\/\/kairosrep.com\/\" target=\"_blank\" rel=\"nofollow\">Kairos Real Estate Partners<\/a> has successfully repositioned the 400,000-square-foot <a href=\"https:\/\/apex-fw.com\/\" target=\"_blank\" rel=\"nofollow\">Apex<\/a> office campus in Fort Washington, Pa. Since acquiring the three-building property in December 2014, Kairos has leased 190,000 square feet of space, having attracted notable anchor tenants such as Citizens Bank, Allstate Insurance, Lincoln Investments and Impax Labs.<\/p>\n<div id=\"attachment_1004159026\" style=\"width: 290px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Apex.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004159026\" data-attachment-id=\"1004159026\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/kairos-repositions-suburban-philly-office-campus\/apex\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Apex.jpg\" data-orig-size=\"800,600\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Apex\" data-image-description=\"&lt;p&gt;Apex Fort Washington&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Apex Fort Washington&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Apex.jpg?w=800\" class=\"wp-image-1004159026\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Apex.jpg\" alt=\"Apex Fort Washington\" width=\"280\" height=\"210\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Apex.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Apex.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Apex.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 280px) 100vw, 280px\" \/><\/a><p id=\"caption-attachment-1004159026\" class=\"wp-caption-text\">Apex Fort Washington<\/p><\/div>\n<p>Three new tenants have signed eight-year leases totaling more than 60,000 square feet in September and October. The agreements include:<\/p>\n<ul>\n<li>Citizens Bank\u2019s 38,000-square-foot lease; the company will relocate its suburban offices from Plymouth Meeting to Apex in July 2017;<\/li>\n<li>Office Practicum\u2019s 18,000-square-foot lease; the company, a leading provider of electronic health record (EHR) and practice management software solutions for use in pediatric clinical settings, will relocate its headquarters from Horsham to Apex in March 2017;<\/li>\n<li>Compassus\u2019 7,400-square-foot lease; the Nashville-based company is a nationwide network of community-based, post-acute care services that operates more than 165 hospice, palliative and home health programs in 30 states across the U.S.<\/li>\n<\/ul>\n<p>Over its ownership period, Kairos has also increased the property\u2019s occupancy with three new anchor tenants, <a href=\"https:\/\/www.commercialsearch.com\/news\/amenity-rich-suburban-office-complex-lands-new-tenant\/\" target=\"_blank\">including Lincoln Investments<\/a> (53,000 square feet), Allstate Insurance (25,000 square feet) and Impax Labs (47,000 square feet).<\/p>\n<p>Big corporate names are drawn to Apex because of its attractive campus setting and the newly constructed Hub, a glass box at the center of the campus that connects the three buildings. Brand new amenity spaces include the Apex Caf\u00e9, the Apex fitness center and a 7,000-square-foot conference and training center. Outdoor grounds feature seating for functions, casual gatherings with fire pits and a lawn for outdoor events. Apex also provides abundant electrical power fed from two separate PECO substations, 9-foot finished ceiling heights, efficient floor plates, as well as on-site surface and structured parking at a ratio of 5.3 spaces per 1,000 square feet of rentable area.<\/p>\n<p>The campus sits on 40 acres, just 16 miles northwest of <a href=\"https:\/\/www.commercialsearch.com\/news\/philadelphia\/\" target=\"_blank\">Philadelphia<\/a>\u2019s CBD, offering easy access to the area\u2019s two major roadways. Located just 1 mile from the interchange of PA Route 309 and the Pennsylvania Turnpike, the property also provides direct access to the Virginia Drive slip ramp of the Pennsylvania Turnpike.<\/p>\n<p><a href=\"https:\/\/www.ngkf.com\/\" target=\"_blank\" rel=\"nofollow\">Newmark Grubb Knight Frank<\/a>\u2019s Jeff Mack, Adam Shute, Patrick Nowlan and Taylor King represented Kairos in the new lease transactions.<\/p>\n<p><em>Image courtesy of Kairos Real Estate Partners<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since acquiring the three-building Apex campus in December 2014, Kairos has brought the property\u2019s occupancy to 91 percent. <\/p>\n","protected":false},"author":260,"featured_media":1004159027,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21742,10,21747,1494],"tags":[],"class_list":["post-1004159024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-latest","category-northeast","category-office","category-philadelphia"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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