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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