Franklin Square Capital Moves To Navy Yard

Philly Bizjournal reports on the future move from the Cira Center to the Navy Yard by Franklin Square Capital Partners.  Liberty Property Trust and Synterra Partners will construct a new four-story, 80,050-square-foot building for the firm.

Franklin Square signed a long-term lease for the entire building, located on about 4 acres next to the Courtyard by Marriott that is currently under construction at 201 Rouse Boulevard. "We are excited to keep our headquarters in Philadelphia and to join the growing community at the Navy Yard," said Michael Forman, founder and CEo of Franklin Square.

The new headquarters will have views of both the new park and Philadelphia's skyline, a café-style restaurant, a multi-use exercise facility, conference facilities, and floor plans full of natural light and designed to foster team interaction.  Liberty and Synterra expect to begin construction next month and complete the building in the first quarter of 2015.