From The Real Deal · TRD Staff · · 40s
JPMorgan expands Philadelphia office
JPMorgan adds 62,000 sq ft Philadelphia office to boost local economy.
In brief
JPMorgan adds 62,000 sq ft Philadelphia office to boost local economy. JPMorgan Chase signed a sublease for 62,000 square feet at 2400 Market Street in Philadelphia to support 150 new jobs and contribute $100 million to the local economy. Originally reported by The Real Deal.
JPMorgan signs Philadelphia sublease
JPMorgan Chase signed a sublease for 62,000 square feet at 2400 Market Street in Philadelphia.
Adds 150 jobs and $100m local impact
The bank plans to add 150 jobs and contribute $100 million to the local economy through renovations.
Philadelphia expansion part of broader strategy
JPMorgan's actions reflect a broader belief in Philadelphia's economic potential after summer's $24 million maritime investment.
The key point
JPMorgan Chase signed a sublease for 62,000 square feet at 2400 Market Street in Philadelphia to support 150 new jobs and contribute $100 million to the local economy.
