News Articles

The following are news articles and press releases that have appeared in the local press and industry magazines related to 1500 Spring Garden project:

8/2/2004 - Amerimar Announces Lease Signing at 1500 Spring Garden

Amerimar Enterprises, Inc. today announced that OneBeacon Insurance Group has signed a lease for 73,000 square feet of office and data center space at 1500 Spring Garden in Philadelphia. OneBeacon, whose Philadelphia office is located at 436 Walnut Street, will be using the Spring Garden address to relocate its entire Philadelphia facility.

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9/5/2003 - Renovated SmithKline Building Announces Its first Major Tenant
The Philadelphia Inquirer - by Henry J. Holcomb

Independence Blue Cross is leasing part of the former headquarters, marketed as less costly than Center City. The former headquarters of what is now GlaxoSmithKline P.L.C. – vacant since the dot-com bubble burst – has landed its first tenant. The building's owner, Amerimar Enterprises Inc., said the 50,000 square-foot lease by Independence Blue Cross is a small but important step toward reviving the former pharmaceutical office, laboratory and manufacturing building as an alternative to higher-priced space in Center City...

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