Source, The Philadelphia Business Journal, Natalie Kostelni
Purolite Corp. has relocated its headquarters to King of Prussia from its longtime home in Bala Cynwyd.
The company, which makes specialty resins used in the pharmaceutical and other industries, signed a 10-year lease on 12,500 square feet at 2201 Renaissance Blvd. Equus Capital Partners is the landlord and the company completed a move into the new office space this month. The company has 1,000 employees around the world but 40 in its headquarters.
Purolite had been in 9,700 square feet at 150 Monument Road, where it had grown in piecemeal fashion over the last 36 years. The move was prompted by a desire to be in contemporary space in an area that has access to amenities and the ability to attract employees from a wider geographic area.
“We wanted some place to fit where we are today,” said Jacob Brodie, vice president of the company that was started by his father and uncle. “We are an innovative tech and manufacturing company involved in the life science and pharmaceutical industries.”
In its search for a new headquarters, the company considered remaining in Bala Cynwyd but also explored buildings in King of Prussia, Conshohocken and Plymouth Meeting. “We were looking for a great space in a vibrant area,” Brodie said.
The building at 2201 Renaissance provided it with the ability to build out state-of-the-art space the way it wanted with more glass, collaboration areas, phone and huddle rooms and an expansive café. At its old office in Bala Cynwyd, the kitchen was so small it could accommodate only five people at a time, Brodie said.
Purolite also decided to use the move as an opportunity to brand the space to better reflect what it does and the company’s culture and AgileCat helped with that part of the plan. Wulff Architects designed the space and Avison Young was the brokerage that represented Purolite in its search.
The company also occupies 225,000-square-foot manufacturing facility at 3620 G St. in Philadelphia. It has been there since 1985 and has 100 employees that work from the building.