http://www.philly.com/philly/busines...randywine.html
Verizon is vacating 89K sq. ft.
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The company now occupies only about 89,000 square feet in the former Bell Atlantic building, less than a tenth of its office space, brokerage Newmark Grubb Knight Frank said in a report this month.
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Comcast Currently uses 200K sq. ft. of space in the building.
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Comcast Corp. — already the tower’s biggest occupant with about 200,000 square feet under lease
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Comcast needs at least 300K sq. ft. to consolidate currently leased space.
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It also leases about 200,000 square feet nearby at the 709,000-square-foot Two Logan Square building and occupies about 100,000 square feet at the 1.8 million-square-foot Centre Square office complex near City Hall, JLL’s Marcus said.
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The Verizon tower could meet their space needs if a lot more space becomes available in the tower but just Verizon leaving would not free enough room to consolidate office space if that is their intention. This also does not factor in Comcast's growth and future need for more space.
Plus:
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Jerry Sweeney, chief executive of Brandywine Realty Trust, which owns the former Bell Atlantic building, said his company had long been aware of Verizon’s plans to vacate the tower, and that “several key prospects” have been lined up for the space.
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Seems like they may have already found someone for Verizon's space.
But in the end I guess we will have to wait and see what they decide.