{"id":1004745869,"date":"2025-02-05T04:31:37","date_gmt":"2025-02-05T12:31:37","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004745869"},"modified":"2025-02-05T06:37:46","modified_gmt":"2025-02-05T14:37:46","slug":"brandywine-realty-secures-major-lease-in-philadelphia","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/","title":{"rendered":"Brandywine Realty Secures Major Lease in Philadelphia"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/3025-JFK-Blvd.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"496\" height=\"620\" data-attachment-id=\"1004745918\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/3025-jfk-blvd\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/3025-JFK-Blvd.jpg\" data-orig-size=\"496,620\" data-comments-opened=\"0\" 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=\"3025 JFK Blvd\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;FS Investments is relocating its global headquarters to 3025 JFK Blvd., a mixed-use tower within the Schuylkill Yards master-planned development. Image courtesy of CommercialEdge &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/3025-JFK-Blvd.jpg?w=496\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/3025-JFK-Blvd.jpg\" alt=\"3025 JFK Blvd., a mixed-use tower within the Schuylkill Yards master-planned development in Philadelphia\" class=\"wp-image-1004745918\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/3025-JFK-Blvd.jpg 496w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/3025-JFK-Blvd.jpg?resize=240,300 240w\" sizes=\"auto, (max-width: 496px) 100vw, 496px\" \/><\/a><figcaption class=\"wp-element-caption\">FS Investments is relocating its global headquarters to 3025 JFK Blvd., a mixed-use tower within the Schuylkill Yards master-planned development. <em>Image courtesy of CommercialEdge<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>FS Investments and Brandywine Realty Trust have entered a 16-year lease agreement for 117,000 square feet at 3025 JFK Blvd., a mixed-use tower within Philadelphia\u2019s $3.5 billion Schuylkill Yards master-planned development.<\/p>\n\n\n\n<p>The alternative asset manager is planning to relocate its global headquarters to the new space in early 2026. The company\u2019s move from its current headquarters at Navy Yards will grow its footprint by 46 percent at 3025 JFK Blvd., where it has taken up four floors.<\/p>\n\n\n\n<p>FS Investments has been in Philadelphia since its inception in 2007 and at Navy Yards since 2015. The company will bring its 300 local employees close to key transit connections at 30th Street Station, which is undergoing a large-scale restoration and renovation.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/what-defines-the-best-cre-investments-today\/\">What Defines the Best CRE Investments Today?<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>The 28-story mixed-use building at 3025 JFK Blvd. features 200,000 square feet of office space, a 29,000-square-foot indoor-outdoor amenity floor, 9,000 square feet of ground-floor retail and 18 floors of luxury residential. It also provides tenants and residents direct access to the newly expanded High Line Park.<\/p>\n\n\n\n<p>Tactix Real Estate Advisors represented FS Investments in the transaction, according to <em>The Real Deal<\/em>. Last year, Goodwin Procter also signed a lease at the building, which is now 80 percent leased. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-schuylkill-yards-progress\">Schuylkill Yards\u2019 progress<\/h2>\n\n\n\n<p>Last year, Brandywine Realty Trust and Drexel University <a href=\"https:\/\/www.commercialsearch.com\/news\/brandywine-drexel-top-out-philadelphia-life-science-tower\/\">topped out 3151 Market<\/a>, a 435,000-square-foot 14-story life science building at Schuylkill Yards.<\/p>\n\n\n\n<p>The tower at 3151 Market St. spans 14 acres in Philadelphia\u2019s University City district. Offering 417,000 square feet of best-in-market lab and office space, 18,000 square feet of retail and amenity space, and 6,000 square feet of terrace space, it opened in 2024.<\/p>\n\n\n\n<p>There are currently 65 office, life science and retail tenants at Schuylkill Yards. Upon completion at the end of the decade, the master-planned development is expected to total 6 million square feet of space across various property types.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-philadelphia-s-office-market-performance\">Philadelphia&#8217;s office market performance<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/philadelphia-office-prices-drop-construction-slows\/\">The prices for office space<\/a> in Philadelphia decreased for the second half of 2024, according to CommercialEdge. Fundamentals did not improve over that time, with vacancy increasing by 510 basis points over the past 12-month period ending in October.<\/p>\n\n\n\n<p>The muted supply pipeline had just 1.9 million square feet under construction. Four out of the five projects underway in October were life science assets, reinforcing <a href=\"https:\/\/www.commercialsearch.com\/news\/the-most-active-life-sciences-markets-in-the-us\/\">the market\u2019s emergence<\/a> as a growing hub for the sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An alternative asset manager is relocating its global headquarters to the $3.5 billion Schuylkill Yards development.<\/p>\n","protected":false},"author":3568,"featured_media":1004745920,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21742,10,21747,1494],"tags":[34672],"class_list":["post-1004745869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-latest","category-northeast","category-office","category-philadelphia","tag-brandywine-realty-trust"],"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>Brandywine Realty Secures Major Lease in Philadelphia - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"FS Investments and Brandywine Realty Trust signed a 16-year lease at 3025 JFK Blvd. within the Schuylkill Yards master plan in Philadelphia.\" \/>\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\/brandywine-realty-secures-major-lease-in-philadelphia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brandywine Realty Secures Major Lease in Philadelphia\" \/>\n<meta property=\"og:description\" content=\"FS Investments and Brandywine Realty Trust signed a 16-year lease at 3025 JFK Blvd. within the Schuylkill Yards master plan in Philadelphia.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/\" \/>\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=\"2025-02-05T12:31:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-05T14:37:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/3025-JFK-Blvd-featured.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"798\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Richard Berger\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/\",\"name\":\"Brandywine Realty Secures Major Lease in Philadelphia - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/3025-JFK-Blvd-featured.jpg\",\"datePublished\":\"2025-02-05T12:31:37+00:00\",\"dateModified\":\"2025-02-05T14:37:46+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6d4c5f1b2f682b3604ad9fe73c19fed7\"},\"description\":\"FS Investments and Brandywine Realty Trust signed a 16-year lease at 3025 JFK Blvd. within the Schuylkill Yards master plan in Philadelphia.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/3025-JFK-Blvd-featured.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/3025-JFK-Blvd-featured.jpg\",\"width\":798,\"height\":600,\"caption\":\"FS Investments is relocating its global headquarters to 3025 JFK Blvd., a mixed-use tower within the Schuylkill Yards master-planned development. Image courtesy of CommercialEdge\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Brandywine Realty Secures Major Lease in Philadelphia\"}]},{\"@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\/6d4c5f1b2f682b3604ad9fe73c19fed7\",\"name\":\"Richard Berger\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bf9a97027a74b606d01db57720228242e692d3db9d827930b02ed8baaf3623a4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bf9a97027a74b606d01db57720228242e692d3db9d827930b02ed8baaf3623a4?s=96&d=mm&r=g\",\"caption\":\"Richard Berger\"},\"description\":\"Richard Berger has 20+ years of experience covering commercial real estate for various media sites and CRE-related associations. He lives in Northern Virginia.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/richardberger\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Brandywine Realty Secures Major Lease in Philadelphia - Commercial Property Executive","description":"FS Investments and Brandywine Realty Trust signed a 16-year lease at 3025 JFK Blvd. within the Schuylkill Yards master plan in Philadelphia.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/","og_locale":"en_US","og_type":"article","og_title":"Brandywine Realty Secures Major Lease in Philadelphia","og_description":"FS Investments and Brandywine Realty Trust signed a 16-year lease at 3025 JFK Blvd. within the Schuylkill Yards master plan in Philadelphia.","og_url":"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2025-02-05T12:31:37+00:00","article_modified_time":"2025-02-05T14:37:46+00:00","og_image":[{"width":798,"height":600,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/3025-JFK-Blvd-featured.jpg","type":"image\/jpeg"}],"author":"Richard Berger","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/","url":"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/","name":"Brandywine Realty Secures Major Lease in Philadelphia - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/3025-JFK-Blvd-featured.jpg","datePublished":"2025-02-05T12:31:37+00:00","dateModified":"2025-02-05T14:37:46+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6d4c5f1b2f682b3604ad9fe73c19fed7"},"description":"FS Investments and Brandywine Realty Trust signed a 16-year lease at 3025 JFK Blvd. within the Schuylkill Yards master plan in Philadelphia.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/3025-JFK-Blvd-featured.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/3025-JFK-Blvd-featured.jpg","width":798,"height":600,"caption":"FS Investments is relocating its global headquarters to 3025 JFK Blvd., a mixed-use tower within the Schuylkill Yards master-planned development. Image courtesy of CommercialEdge"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/brandywine-realty-secures-major-lease-in-philadelphia\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Brandywine Realty Secures Major Lease in Philadelphia"}]},{"@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\/6d4c5f1b2f682b3604ad9fe73c19fed7","name":"Richard Berger","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bf9a97027a74b606d01db57720228242e692d3db9d827930b02ed8baaf3623a4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bf9a97027a74b606d01db57720228242e692d3db9d827930b02ed8baaf3623a4?s=96&d=mm&r=g","caption":"Richard Berger"},"description":"Richard Berger has 20+ years of experience covering commercial real estate for various media sites and CRE-related associations. He lives in Northern Virginia.","url":"https:\/\/www.commercialsearch.com\/news\/author\/richardberger\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/3025-JFK-Blvd-featured.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004745869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3568"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004745869"}],"version-history":[{"count":9,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004745869\/revisions"}],"predecessor-version":[{"id":1004745975,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004745869\/revisions\/1004745975"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004745920"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004745869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004745869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004745869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}