Leasing momentum continues at Eastern PA property

20,000 square feet in new agreements closed
Published on Apr 7, 2008

GPX Realty recently closed 20,000 square feet in new lease agreements at the 17-building office complex located in Chester and Montgomery Counties in Pennsylvania.The Woods Office Center is made up of 17 buildings and 570,000 square feet of office space situated on 77 acres.The property also has another 32,000 square feet of space under commitment, according to GPX Realty Partners LP, which acquired the office center last year in one of the largest commercial real estate transactions in suburban Philadelphia.GPX Realty Partners said it is currently investing $9 million in leasehold and infrastructure improvements to the property. Some of these plans include fresh landscaping, new common area finishes, parking lot upgrades, enhancements to sidewalks and curbing, updates to exterior lighting, new park identification signage, and tenant services technology and amenities.Recently added tenants to The Woods include:--The Progression Companies Inc., a company that provi...

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