Newmark Knight Frank (NKF) has announced that LuckyVitamin has expanded and signed a long-term lease at the Spring Mill Corporate Center, located at 1100 E. Hector Street in Conshohocken, PA. The expansion adds 5,700 square feet of space to the existing 18,500. NKF Executive Managing Director Jim Dugan and Managing Director Justin Bell represented the tenant, LuckyVitamin, in the expansion and renewal transaction.
With LuckyVitamin’s recent split from GNC and new partnership with TSG Consumer Partners, based in San Francisco, California, LuckyVitamin needed additional space to accommodate its recent growth. LuckyVitamin’s goal was to enhance the culture and wellness within the company by redesigning the work environment, adding more collaborative working space and improving amenities.The redesigned space will include an expanded wellness area, production studio, health refreshment area, more open creative work areas and open, high ceilings to boost natural light. The finishes chosen include reclaimed timber, stone paver and grass style flooring, and exposed brick from the turn of the century when the complex was originally constructed.
“The most efficient way to achieve LuckyVitamin’s goal was to vacate an inefficient portion of the space on the third floor and relocate the contact support center and other functions to the floor below, with an internal staircase that will connect the two environments,” said Dugan.
“We are excited we were able to reach an agreement that allowed us to expand our existing space and stay at the Spring Mill Corporate Center. Our office space is conveniently located for our staff and is within walking distance to regional rail and a short distance to the city and major highways. The team at NKF provided excellent guidance and support to us throughout the process. We look forward to moving into our new enhanced space later this summer,” said Sam Wolf, founder and chief wellness spreader at LuckyVitamin.
About LuckyVitamin
Founded in 2005, LuckyVitamin is an industry leading global e-commerce destination for health and wellness, natural and organic products, vitamins, nutritional supplements, sports and fitness nutrition, food, beauty, skincare, pet and natural home. LuckyVitamin offers premium quality products and service at an exceptional value. Striving to bring good health to the masses, its mission is to be the inspirational and supportive source for products and knowledge dedicated to helping everyone on their journey towards happy wellness. For more information, visit https://www.luckyvitamin.com/.
About Newmark Knight Frank
Newmark Knight Frank ("NKF"), operated by Newmark Group, Inc. ("Newmark"), is one of the world's leading commercial real estate advisory firms. Newmark has over 4,600 employees in over 120 offices. Together with London-based partner Knight Frank and independently-owned offices, NKF's 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents. With roots dating back to 1929, NKF's strong foundation makes it one of the most trusted names in commercial real estate. We offer a complete suite of services and products for both owners and occupiers across the entire commercial real estate industry.
Our investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting and, under trademarks and names like Berkeley Point and NKF Capital Markets, government sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Our occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. We enhance these services and products through innovative real estate technology solutions and data analytics designed to enable our clients to increase their efficiency and profits by optimizing their real estate portfolio. We have relationships with many of the world's largest commercial property owners, real estate developers and investors, as well as Fortune 500 and Forbes Global 2000 companies. For further information, visit www.ngkf.com.
Newmark, which is listed on the NASDAQ Global Select Market under the symbol "NMRK", is a publicly traded subsidiary of BGC Partners, Inc. ("BGC"), a leading global brokerage company servicing the financial and real estate markets. BGC's common stock trades on the NASDAQ Global Select Market under the ticker symbol "BGCP". BGC also has an outstandingbond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol "BGCA".
