Comcast, Liberty Property JV to build $1.2B tower in Philadelphia

Comcast and Liberty Property Trust are planning to develop a $1.2 billion office tower next to Comcast’s headquarters in Philadelphia. The project, the Comcast Innovation and Technology Center, will include a Four Seasons hotel. Comcast will sign a 20-year lease for 957,000 square feet in the 59-story building. Read the Bloomberg story here.

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