Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has signed a lease with Brandywine Realty Trust (NYSE:BDN) for approximately 60,000 square feet of trophy-class office space at One Commerce Square located at 2005 Market Street in Philadelphia, Pennsylvania.
Hill will be moving its global corporate headquarters from Marlton, New Jersey and consolidating space with its existing Philadelphia office in May 2015. The 12-year lease is for the entire 17th and 16th floors of the 565-foot high skyscraper, the seventh tallest in Philadelphia. Hill was assisted on the relocation by real estate advisor Newmark Grubb Knight Frank and has retained the architecture and interior design firm L2Partridge to design its new space.
“We are excited to be moving our global corporate headquarters into this world-class building,” said David L. Richter, Hill’s President and Chief Operating Officer. “The ability to consolidate our two local offices plus the many benefits of being located in the Center City business district make this a great move for our company,” added Richter.
About Hill International
Hill International, with 4,400 employees in 100 offices worldwide, provides program management, project management, construction management, construction claims and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets. Engineering News-Record magazine recently ranked Hill as the ninth largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
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About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 12,000 professionals operate from more than 330 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company servicing the financial and real estate markets. For further information, visit www.bgcpartners.com.
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