Newmark Smith Mack is pleased to announce the completion of several lease transactions at Rodin Place located at 2000 Hamilton Street in Philadelphia - Rittenhouse Eye Associates, Inc., signed a long-term lease for 7,800 SF, Communities in Schools, Inc., renewed and expanded into a total of 20,974 SF, and Fairmount Pediatrics and Adolescent Medicine PLC signed a new lease for 1,300 SF.
Les Haggett, Director of Newmark Smith Mack said, “We are pleased to welcome Rittenhouse Eye Associates and Fairmount Pediatrics as new tenants of Rodin Place, and are overjoyed to retain the existing tenants, who will continue to be an integral part of our community.”
Aptly named, Rodin Place is just steps away from the world-famous Rodin Museum on the Benjamin Franklin Parkway. Situated in the center of a tree-lined upscale neighborhood of high-rise apartments and established townhome properties, Rodin Place is conveniently located within walking distance from Center City, the Logan Square office district, the Philadelphia Free Library, five museums and two colleges.
This distinctive, mixed-use property recently underwent a $2 million renovation, which included beautifully landscaped walkways, arcade level shopping, and a vaulted two-story marble-lined lobby. Rodin Place’s many attributes such as: high ceilings, on-site parking, unlimited local amenities including Philadelphia Sports Club, on-site daycare, on-site drycleaner, Starbucks and many more make it a perfect fit for any local business desiring office or retail space in Philadelphia.
The principals of the property have a long history of successful real estate development experience. Their diverse real estate background includes new development of hotel and condominium properties as well as re-development of existing office, industrial and residential buildings.
Sheldon Stein, Managing Partner of Ranger Properties, the asset management firm of Rodin Market said, “We are extremely pleased to accommodate the organic growth of our existing tenant’s as we continue to add high quality companies to Rodin’s community.”
Les Haggett, Director of Newmark Smith Mack represented the landlord Rodin Market Partners, LP in the above mentioned lease transactions. Sidney V. Smith, Jr. and Brendan Leahy of Newmark Smith Mack represented the tenant Communities in Schools, Chris Datz of Pitznick Brown represented Rittenhouse Eye and Keith Kiner of Perna Frederick represented Fairmount Pediatrics.
About Newmark
Newmark is one of the largest independent real estate service firms in the world. Headquartered in New York, Newmark and London-based partner Knight Frank operate from over 200 offices in established and emerging property markets on six continents. Last year, transactions were valued at more than $32 billion with annual revenues of over $811 million. With a combined staff of more than 6,300, this major force in real estate is meeting the local and global needs of owners, tenants, investors and developers worldwide. For further information, visit www.newmarkkf.com.