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Company planning expansion at coveted address.


PHILADELPHIA, PA: BSC (Binary Synchronous Communications) See bisync.  Services, which provides services to both Republic First Bank and the First Bank of Delaware has relocated to Two Liberty Place, 1601 Chestnut chestnut, name for any species of the genus Castanea, deciduous trees of the family Fagaceae (beech or oak family) widely distributed in the Northern Hemisphere. They are characterized by thin-shelled, sweet, edible nuts borne in a bristly bur.  Street, having recently signed a 13-year, seven-month 53,275 s/f lease. The company had occupied 36,000 s/f at 1608 Walnut Street A number of streets are named Walnut Street:
  • Walnut Street (Harrisburg)
  • Walnut Street (Philadelphia)
Walnut Street may also refer to:
  • Walnut Street Bridge
  • Walnut Street (NJT station), in Montclair, New Jersey
.

Greg Soffian, corporate managing director, and Matt Sall, senior managing director, in the Philadelphia office of national commercial real estate services firm, Studley, represented BSC Services in its new lease with landlord America's Capital Partners.

"BSC Services was seeking to significantly upgrade its headquarters space to provide a more comfortable environment for its expanding work force and obtain essential flexibility for its growing operation," said Soffian, the Studley broker who represents BSC Services.

"The Liberty Place complex, one of Philadelphia's most coveted cov·et  
v. cov·et·ed, cov·et·ing, cov·ets

v.tr.
1. To feel blameworthy desire for (that which is another's). See Synonyms at envy.

2. To wish for longingly. See Synonyms at desire.
 office addresses, is an ideal home for BSC Services. We were able to secure a long-term lease on two full floors in contiguous, state-of-the-art space without significantly increasing the company's real estate expenses," Mr. Sall said. "Furthermore, Two Liberty Place is presently undergoing a major capital improvement program that will further enhance the company's tenancy A situation that arises when one individual conveys real property to another individual by way of a lease. The relation of an individual to the land he or she holds that designates the extent of that person's estate in real property.  and improve conditions for both employees and its customers."

As the company's exclusive real estate advisor, Studley has represented BSC Services in leasing transactions for branch locations throughout the city, noted Mr. Soffian.

The landlord was represented by CBRE CBRE CB Richard Ellis (real-estate firm)
CBRE Chemical, Biological, Radiological and Explosive
CBRE Component-Based Reliability Estimation
CBRE Coldwell Banker Richard Ellis (Boston, MA) 
.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:NATIONAL ROUNDUP
Publication:Real Estate Weekly
Date:Sep 20, 2006
Words:226
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