According to the Center City District, the Cira Centre has landed three new tenants; all are relocating from the Main Line. Mand Marblestone & Danziger - a Bala Cynwyd law firm - has leased 10,000 square feet. Reger, Rizzo, Kavulich & Darnall - a King of Prussia law firm - has signed a lease for 27,600 square feet. And Capsicum Group - a technology-consulting firm - is relocating from Berwyn, square footage unknown. Filling up this building and luring firms from outside the City is fantastic, but don't forget that they're coming in part because of the Keystone Opportunity Zone tax incentives. These tax incentives are fantastic, but think of all the other firms we'd lure if we could lower the tax burden more universally.
Monday, May 09, 2005
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