CBRE Arranges Lease for Creehan & Company at 275 Technology Drive in Canonsburg, PA

16 Jul 2020

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CBRE announced that it has secured a new long-term lease agreement with Creehan & Company, a subsidiary of Inovalon, for approximately 40,000 sq. ft. at 275 Technology Drive in Canonsburg, Pennsylvania.

The two-story, 107,872 sq. ft. Class A office building is owned and operated by an affiliate of M & J Wilkow, Ltd. The building will undergo several capital improvements including a new roof, upgraded building systems and HVAC, as well as an upgraded lobby experience, fitness center and new outdoor amenity area with free WiFi, soft-seating and a sports court.

“This building is a fantastic solution for this healthcare data analytics company," said Carmine DiLucente, Vice President, CBRE, who is representing the property. "The expansive and efficient floor plates allow the company to consolidate all business operations comfortably on one floor, with room for future expansion. The high glass-line ratio provides abundant natural light for building employees, and all of the new building amenities will be an improvement from the company’s previous office environment." 

"Many of us in the commercial real estate community are familiar with the world-class standard of redevelopment that M & J Wilkow delivers in their office buildings and this redevelopment will significantly enhance our ability to lease up the remaining space," added Mr. DiLucente. "Tenants in the Southpointe market are yearning for a redevelopment project like this and we are already in discussions with multiple new tenants who would like to call 275 Technology Drive home.”

“We are excited to bring this new tenant, a leading healthcare technology innovator, to our latest redevelopment project,” said Matt Rodgers of M & J Wilkow. “275 Tech Drive sits at the top of Southpointe with unrivaled views, a newly designed amenity program and unparalleled value. We look forward to working with Carmine and CBRE to fully lease this asset.”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.