Long Term Lease
Newtown Square, Pennsylvania
101,000 Square Feet
Disposition of Existing Leased Premises
Catholic Health East (CHE) is a multi-institutional health system and is the largest provider of home health care services in the nation including acute care hospitals, long-term care and assisted-living facilities, continuing care retirement communities, behavioral health and rehabilitation facilities, home health/hospice agencies, and numerous ambulatory and community-based health services.
Gola was tasked with the consolidation of CHE Administrative and Information Technology offices which formerly resided in separate buildings in Newtown Square and Conshohocken. Following an exhaustive search of the area CHE identified Ellis Preserve in Newtown Square as its new headquarters. This long term lease included a rental rate starting at $6.00± PSF below the building asking rate along with multiple concessions including moving allowance, lease assumption, etc.
Working closely with CHE Human Resources and Operations personnel Gola Project Management facilitated in establishing a new workstation typical and office standards package which were utilized in the programming and consolidation of more than thirty diverse departments into one location. In addition to departmental workspace, the new facility houses both a multi-function conference center and a 4,000 SF data and disaster recovery facility equipped with redundant dedicated fiber, raised floor, 300 KW Generator, and FM 200 fire suppression.