“As GEAM’s operating partner, Ashforth has provided extensive resources, knowledge and creativity to our joint ventures. Ashforth and GEAM are extensions of each other on the projects we invest in together. The breadth of services Ashforth provides is exactly what we need from an operating partner.”

Gary AndrewsVice President, GE Asset Management

Address: 1818 Market Street, Philadelphia, PA

Owner: The Ashforth Company

Size: 982,000 sf

Acquired/Sold: June 2002-February 2006

Capital Improvements:

  • $5 million program including restoration and redesign of main lobby, parking garage, outdoor plaza, and exterior façade
  • Enhanced security by creating a new means of egress from the garage to the lobby

Property Map