SONO

In September of 2014, Alliance acquired the former Destination Maternity warehouse on the edge of Philadelphia’s thriving Northern Liberties neighborhood. After the Destination Maternity’s short-term leaseback ended in November of 2015 Alliance focused on a mixed-use leasing plan. Alliance leased the entire 190,000 sf property to three tenants as of March 2017. Yards Brewing Company opened their +/-70,000 sf brewery and tap room in November 2017, the City of Philadelphia Archives will open their +/-70,000 sf facility in early 2018 and Target will open their 50,000 sf “small format” Target in July of 2018.


ARBOR RIDGE

Alliance redeveloped the former Trinity Corporate Center into ArborRidge: a state of the art, 125,000 sf suburban office campus. Prior to Alliance ownership the Malvern Pennsylvania campus was less than 10% occupied. Alliance leased ArborRidge to 90% occupancy and sold to a private real estate investor in 2016.