Available for sublease - Baily Building
1218 Chestnut Street
Philadelphia, PA 19107
https://thebrokerlist.com/have/available-sublease-baily-building-118519
FOR LEASE
Property Type:
Multi Tenant Office
Last Verified:
Dec 16, 2021
Highlights
- Creative, open-floor short-term plug-and-play opportunity available immediately
- Sublease expiration – August 31, 2022 (with the ability to extend term directly with the landlord)
- 1 large conference room, 3 offices/breakout rooms
- High-tech finishes with furniture potentially available
- Brand new large, open kitchen/café area with ample seating
- Elevator lobby exposure
- Highly secured via a Nest security system
Description
Available for Sublease
5,600 RSF on the 8th Floor @ The Bailey Building (1218 Chestnut)
*Located in the heart of Midtown Village surrounded by the city’s best restaurants
*Great access to all public transportation
Building Size: 5600sq ft
Building Class: A
Lot Size: 0 acres
Documents
CHESTNUT STREET SUBLEASE - Multi Page - LeaseUnits for Lease
5,600 RSF on the 8th Floor @ The Bailey Building (1218 Chestnut)
Space Available: 5600 SF
Map of 1218 Chestnut Street, Philadelphia, PA, 19107
What are Real Estate Incentives?
Real Estate incentives range widely and have been overlooked by the
Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
- U.S. Public: Many incentives focus on job creation and Affordable Housing
- Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
- Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
- Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
