ICON Clinical Research, LLC Leases 12,923 SF at The Tannery in Yardley, PA
Colliers International concluded a long-term office lease with ICON Clinical Research, LLC a subsidiary of ICON, plc. at The Tannery located at 19 W. College Avenue in Yardley, PA. They will occupy 12,923 SF in the 68,000-square-foot complex.
The Tannery www.thetanneryyardley.com underwent a major redevelopment in 2016 transforming the former industrial facility into a creative office environment, providing an alternative to the generic corporate setting. This unique office complex in the Yardley Borough features high, sloping ceilings with the original 1890’s exposed iron roof trusses, wood decking and stone facade with fully upgraded work spaces and collaborative environments, all new high efficiency lighting and HVAC, on-site backup power and substantial on and off-site amenities including a vintage arcade, fitness center, and Main Street Yardley shopping and dining, making this Bucks County’s most unique office property. It is conveniently located adjacent to Yardley Country Club, two blocks to SEPTA Regional Rail Station, with easy access to I-95 and U.S. Route 1.
ICON will join existing tenants Red Nucleus and Vault Brewing Company.
“The Colliers leasing team has done an outstanding job communicating the exciting opportunities available for tenants at The Tannery,” said Jeffrey Siegel, President of ML7. “As a result of Colliers’ efforts, we have opportunities with many high quality tenants who are interested in this magnificent property,” he added.
About ICON plc
ICON plc is a global provider of drug development solutions and services to the pharmaceutical, biotechnology and medical device industries. The company specializes in the strategic development, management and analysis of programs that support clinical development - from compound selection to Phase I-IV clinical studies. With headquarters in Dublin, Ireland, ICON currently, operates from 88 locations in 37 countries and has approximately 12,600 employees. Further information is available atwww.iconplc.com
Colliers brokers Matthew Shanahan and Thomas Romano represented the Lessor, ML7 Yardley Partners in this transaction.
About Colliers International
Colliers International Group Inc. (NASDAQ and TSX: CIGI) is an industry leading global real estate services company with more than 16,000 skilled professionals operating in 66 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.
Regionally, Colliers International has served clients in the Philadelphia area since 1920 and comprises six offices in Eastern Pennsylvania, Southern New Jersey, and Delaware. For the latest news from Colliers International, visit Colliers.com/Philadelphia, or follow us on Twitter and LinkedIn.
