T6 Beam Signing Group

CAPTRUST Leases Space in Tower 6 in Downtown Allentown

May 31, 2017 | City Center Investment Corp., the real estate development company whose major mixed-use project, City Center Lehigh Valley, is revitalizing Downtown Allentown, Pennsylvania, announced today CAPTRUST has signed a lease for Tower 6, which is currently being constructed. City Center President J.B. Reilly made the announcement this morning at a beam-signing ceremony for the 12-story building. The Class A office building at Sixth and Hamilton streets is on schedule to open in early 2018.

CAPTRUST Financial Advisors, a national independent financial advisory firm, has leased the entire ninth floor of Tower 6, or nearly 12,000 square feet. The firm will move approximately 25 employees into the building around May 1, 2018.

“We have been watching the progress and revitalization in Allentown for some time and decided that Tower 6 was a great place for us to be,” said Mike Molewski, principal and leader of the Strategic Advisor Group within CAPTRUST.

“The commitment of leading companies like CAPTRUST to downtown Allentown validates what has been happening here over the last few years. Downtown Allentown is becoming the financial and professional services center of the Lehigh Valley as well as a true urban live-work environment,” Reilly said. “City Center looks forward to welcoming more firms to downtown Allentown as more companies discover this is the place to do business and grow.”

Reilly also announced that CrossAmerica Partners will be a tenant of Tower 6.

Constructed of steel and glass, Tower 6 will stand 180 feet tall, offering active street views from floors two through five and 360-degree views from floors six through 12. The 145,000-square-foot building is 60-percent leased and will offer retail space on its ground floor. City Center plans to announce more Tower 6 tenants soon.

For more information about Class A office space at City Center, including in Tower 6, contact Jarrett Laubach at jarrett@citycenterlehighvalley.com.

City Center Lehigh Valley is a major mixed-use development that is helping transform downtown Allentown, Pennsylvania, into one of America’s most vibrant urban communities and a regional center of excellence for business, culture and metropolitan living. With Allentown’s new arena, PPL Center, at its core, City Center includes more than 1 million square feet among three Class A office towers, the Renaissance Allentown Hotel, STRATA Flats and The Shops at City Center, upscale restaurant space and a coworking space called Velocity. City Center’s total investment in downtown Allentown is $400 million, with additional development of office, residential, retail and green space underway.

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