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Rating:Vanguard is in the Market for Office Space Not Rated 4.0 Email Routing List Email & Route  Print Print
Monday, October 26, 2009

Vanguard is in the Market for Office Space

by: Adam Kommel

Vanguard may be buying office space in Malvern, Pennsylvania, Natalie Kostelni of the Philadelphia Business Journal is reporting. An article published Monday suggests that Vanguard is an "obvious tenant" for at least some of the 529,000 square feet Pfizer is vacating in the Philadelphia suburb in the wake of its acquisition of Wyeth.

The Journal also published a story exploring Vanguard's real estate options earlier this month. The paper reported that Vanguard has five leases for a combined 380,000 square feet set to expire next year, and that the company is evaluating possible moves to new offices. Jones Lang LaSalle is assisting Vanguard with its search, according to the report.

Malvern is only a few miles away from Vanguard's Valley Forge headquarters. 

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