TIME EQUITIES ACQUIRES OFFICE SPACE IN PHILADELPHIA FOR $11.4M

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PHILADELPHIA — New York-based Time Equities Inc. has purchased Northbrook Corporate Center in Philadelphia for $11.4 million. The Class A office space, located at 900 and 1210 Northbrook Drive, is 161,170 square feet. 900 Northbrook is a 66,690 square-foot, three-story building and 1210 Northbrook is 94,480 square feet and four stories. Northbrook Corporate Center offers office space ranging from 1,200 square feet to 20,000 square feet available for immediate lease. Asking rents start at $20 per square foot. Brian Smyth and Dennis Durkin of CBRE will oversee leasing for the property.

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