CBRE, a global commercial real estate services company, has successfully negotiated a full-building lease for healthcare provider Praesum Healthcare Services in Philadelphia. The lease covers a six-story building located at 3261 Tulip St., spanning 29,130 square feet of space.
Built in 1960, the building offers a generous amount of space for Praesum Healthcare Services to accommodate its medical services. This lease agreement marks a significant expansion for the Florida-based healthcare provider as it establishes a presence in Philadelphia.
CBRE played a crucial role in these negotiations, with Les Haggett and Kieara Hill representing Praesum Healthcare Services as the tenant. The identity of the landlord and their representative have not been disclosed at this time.
This lease deal not only benefits Praesum Healthcare Services, but it also reflects the continued growth and demand for quality healthcare amenities in Philadelphia. The city has seen a steady rise in healthcare providers seeking to expand their services to meet the needs of its population.
With the help of CBRE, Praesum Healthcare Services now has a strategic location to serve the Philadelphia community with its range of healthcare services. As an experienced commercial real estate services provider, CBRE continues to facilitate lease agreements that meet the unique needs of tenants and contribute to the overall healthcare landscape of Philadelphia.
Definitions:
– CBRE: CBRE Group, Inc. is a global commercial real estate services and investment firm.
– Lease agreement: A legally-binding contract that allows one party to use or occupy a property owned by another party in exchange for rent payment.
– Tenant: A person or organization who rents or occupies a property owned by another party.
– Landlord: A person or organization who owns a property and leases it to others.
– Healthcare provider: An individual or organization that offers medical services to patients.
Sources:
– LoopNet Inc. (source article)
– CBRE Group, Inc. (for CBRE information and services)
Note: URLs have been omitted according to the instructions.
