One new tenant and one expanding tenant bring Seven Tower Bridge to 90% occupancy

It was announced this week that there is a company moving its regional office to Conshohocken and another that is expanding its precense. CRB Group, a facility design, engineering, construction, and consulting firm, will be moving its Philadelphia office from Plymouth Meeting to a 34,565 rentable square foot office in Seven Tower Bridge on Conshohocken’s riverfront. Lutron Electronics, which leased spaced earlier this year in Seven Tower Bridge will be doubling its footprint to two-full floors (54,340 rental square feet).

“We were drawn to Seven Tower Bridge because we knew we needed a truly unique office destination to support our rapid growth,” said John Costalas, regional vice president for the northeast, CRB. “We need to attract and retain the best talent in the region, and it’s much easier to hire great talent when you have a state-of-the-art office that offers a reasonable commute, plenty of amenities, beautiful surroundings, and an energetic neighborhood. Our office is critical to our success, and this is the perfect spot.”

“We are thrilled to welcome CRB to Seven Tower Bridge,” said Esther Pulver, vice-president of leasing for OTP. “From accommodating Lutron’s recent expansion to welcoming CRB, we really enjoy partnering with our tenants to help them succeed. Seven Tower Bridge is perfectly located, designed, and managed to make sure their talent is happy and productive every day.”

Seven Tower Bridge is a 260,000-square-foot office tower along Conshohocken’s riverfront. The property recently earned the prestigious LEED Silver certification for sustainability, its fifth sustainability, and wellness certification. The building has full-height windows, panoramic views, landscaped walking trails, riverfront seating areas, a spa-quality fitness center, and café amenities. Seven Tower Bridge, which was the first new office building to open since the COVID-19 pandemic, is now at 90% occupancy.

“CRB Group joining the Seven Tower Bridge community confirms what we already know: the Conshohocken submarket is drawing in people and businesses from across the country because it offers everything people need to live, work and play,” said Kerri Thomas, svp of leasing at AREP. “Not only are we laser-focused on providing our tenants with world-class amenities, but we’re also making their overall health and well-being a top priority. All of our properties have secured meaningful wellness certifications that prove that we’re offering a safe and healthy work environment.”

Dan Durkin, Matt Spachman, and Matt Feeney of Cresa represented CRB Group, Tyler Vandegrift of JLL represented Lutron, and Esther Pulver of OTP in conjunction with Ken Kearns of Cadence Real Estate Advisors represented the landlord.