For over 15 years, we have been advisors to IHG. In the late 1990’s, we marketed their approximately 760,000 square foot headquarters located in Center City Philadelphia and structured a sale-leaseback transaction with the new property owner. Over the years, IHG has engaged our firm to provide various assistance such as negotiating new office space and selling a portfolio of…
Penn was interested in developing areas adjacent to its campus through real estate acquisition and expansion. Initially, we identified a number of surrounding buildings and vacant properties that could be of interest to Penn. Then we developed a strategic plan to redevelop the entire area located on both sides of the Schuylkill River. As part of implementing this strategic plan,…
Merakey is one of the largest providers of community-based, nonprofit education and human services in the country. Over 10,000 staff provides care to app. 40,000 adults and children in app. 700 facilities throughout Pennsylvania, New Jersey, Virginia, New York, Maryland, Delaware, Louisiana and Michigan. We presently serve as their real estate advisor whereby we assist in the management of their…
Served as exclusive broker for over 750,000 square feet of leased commercial space. This space represents two separate campuses: a to-be-built corporate headquarters located in Newtown Square, PA and an operations center located in Essington, PA. As part of this engagement, NorthMarq Advisors conducted extensive analysis of over a dozen potential sites before successfully negotiating leases (20 year terms) with the two…
Since 2007, our firm, in conjunction with Sherwood Strategic Advisors, has served as advisors to the Board of City Trusts (the “Board”), who oversees over 100 trusts including the Girard Estate. Established by the will of Stephen Girard (the wealthiest individual in the United States at the time of his death in 1831), Girard Estate…
