Virtus represented the Landlord of Quaker Park in the lease renewal of Quaker Chemical. Having just celebrated their 100 year anniversary on the site, Virtus was able to extend their 76,639 sf lease for over 10 years for a total lease value of $20,000,000.00.
Virtus facilitated the sale of an off-market hotel portfolio worth $83,000,000.00. Virtus represented PMHS Hotel Group from Washington, DC as the purchaser of the Omni Hotel in Philadelphia and the Crown Plaza and Fairfeild Inn, both located at the King of Prussia Mall. Virtus was the only broker involved with this transaction.
Virtus represented both the Landlord and the Tenant in the expansion of Power Home Remodeling Group at the Wharf at Rivertown in Chester, PA. Virtus had located the company in the Wharf in 2010 for over 56,000 sf and in 2015 expanded the company to 104,661 SF and extended the lease term. Total transaction value on this lease was in excess of $25,000,000.00.