Iconic Tower Keeps Law Firm
April 19, 2011
By: Ryan Clark

One Penn Center at Suburban Station just picked up a 21,000-square-foot renewal from long-term tenant McElroy, Deutsch, Mulvaney & Carpenter, LLP. The law firm decided to stay with its 20-year regional home, locking in the space for an additional 10-year lease term.

The class A office at 1617 John F. Kennedy Blvd. here in center city is 1930s ear property, which was originally constructed for the Pennsylvania Railroad’s corporate headquarters. It is a newly anointed Energy Star property. The deal was worked out by Timothy B. Monahan and Patrick W. McGrath of Studley, who repped the law firm and Joshua Sloan and David Healy of Jones Lang LaSalle who represented the owner, One Penn Associates, LP. They have owned the property since 2002. ...

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