In addition to planned restaurants, a hotel, and other amenities, the $250 million mixed-use commercial redevelopment will include wet and dry lab space for both life science startups and established companies to conduct full-scale research and development, and bio-manufacturing.
$250 million mixed-use/multi-use redevelopment of historic Army site on National Register
24 acres (6 acres of green space)
From start-ups to full-scale R&D and bio-manufacturing
Planned restaurants, boutique hotel and other amenities
1 million SF in 6 buildings
Wet & dry labs for R&D
On-site new Aldi supermarket
The Quartermaster Science + Technology Park currently has 500,000 SF of vacant space for life science and high technology companies. Availabilities include space as small as 1,000 SF for early-stage companies and as large as 250,000 SF contiguous for established firms. The Park has 200,000 SF currently occupied by tenants. An additional 150,000 SF of retail space is available for lease.
Leading gene and cell therapy hub
10 million SF of research space with 2+ million in development
$875 million in annual biomedical VC funding
52,000 biomedical industry employees
$2+ billion NIH funding
Univ. of Pennsylvania ranked 6th by NIH with $553 million and >1,100 awards
10 medical centers, 14 major health systems, 118 hospitals, 7 children hospitals, 4 NCI designated cancer centers
7 medical schools, 1 of every 6th doctor is trained in Philadelphia
Immediate access to SEPTA bus routes 7 and G
Surrounded by restaurants, shopping centers, and major sports stadiums
Excellent location off of I-76, and easy access to I-95
Drive time to Philadelphia International Airport only 15 minutes
SkyREM, with corporate offices in New York and Philadelphia, is a vertically integrated real estate investor, owner, and developer. SkyREM has amassed a diversified portfolio of properties throughout the United States. SkyREM employs an opportunistic, value driven, flexible approach to acquire real estate assets and develop sites in strategic markets. SkyREM’s growth has been fueled by its long-standing philosophy of creating value by locating underperforming and/or underutilized assets and unlocking their hidden potential.
Scheer Partners’ Scientific Real Estate Practice specializes in developing real estate solutions for companies within this industry sector. We partner with our clients to define and implement a strategy and then develop real estate solutions that best fit the company’s specific business needs and growth. Scheer Partners has built an unparalleled reputation in the biotechnology, pharmaceutical, and lab-related industries for providing innovative real estate solutions. Scheer Partners’ superior understanding of scientific facilities delivers more options to our clients, which have enabled them to achieve better transaction economics, and reduce capital costs while minimizing their out of pocket expense. Our reputation for success is proven in our track record; Scheer Partners has negotiated over 450 lab transactions, in excess of 8 million square feet.
MPN is the premier commercial real estate brokerage firm in the Greater Philadelphia area, comprised of agents who work closely with clients worldwide who are buying, selling, or leasing commercial properties. The MPN Leasing Team specializes in retail and restaurant leasing in Center City Philadelphia and the surrounding neighborhoods. Over the past couple of years the team has leased over 1,000,000 SF of retail and restaurant space in the region. We pride ourselves on having a “boots on the ground approach”, which enables to have firsthand knowledge of the market and who is active in the marketplace.