Schuylkill Yards - One Drexel Plaza — Lease in Philadelphia, PA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Philadelphia, PA 19106

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Description

Schuylkill Yards is a next-generation innovation community, intentionally designed and holistically created from the ground up by Brandywine Realty Trust, who was designated as master developer by Drexel University, the project's primary landowner. As part of the larger Philadelphia innovation ecosystem, Schuylkill Yards' location in University City is unmatched due to its connection to the City's economic and education centers, and proximity to the region's major transportation hub. This nexus drives economic activity and growth, and is buoyed by access to talent and capital. As curators of the neighborhood, Drexel and Brandywine are committed to embracing a culture of ideas and to ensuring that this community of startups, established companies, researchers, artists, residents, and visitors is inclusive and diverse so that innovation, creativity, and opportunity is available to all. 14 AC, total 6.9 M SF comprised of: HOTEL - 247 K SF - 1,000 sf/unit or key RETAIL - Approx. 200 K SF OFFICE - 2.8 M SF RESIDENTIAL - 1.6 M SF LAB INNOVATION SPACE - Lab: 1 M SF; Innovation Space: 987 K SF GREENSPACE & IMPROVED STREETSCAPE - 6.5 Acres

Market Context

This retail in Philadelphia, PA is listed for lease. Compare it against other retail listings for lease in Philadelphia, PA — view the full market.

Estimated Market Rate

$1.40/SF/mo – $1.90/SF/mo

Mid: $1.65/SF/mo

Based on comparable properties in similar markets rather than local sales.

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