220 N Park Rd Wyomissing, PA 19610

Park Place Center in Wyomissing, PA, presents a newly proposed 60,000 sq. ft. building available for lease, suitable for office, medical, or research purposes. This property represents Phase 1 of a multi-phase project situated on a ten-acre site within walking distance of the former VF Outlets, now part of The Knitting Mills, a $100 million mixed-use business and retail campus. The Knitting Mills hosts Tower Health Systems' Admin, IT, and Tech training, occupying 133,000 square feet across two buildings, including the future relocation of C-Suite administrative offices. UGI Energy Services corporate headquarters will occupy 146,324 square feet within the campus, with an expected opening in July 2019. Teleflex Inc.’s medical/lab/R&D/manufacturing facility, scheduled for completion in June 2019, will occupy a 53,000 square foot building directly across from Park Place Center. Drexel University’s College of Medicine and Tower Health plan to open an approximately 150,000 sq ft medical school in the area. The Knitting Mills also includes a VF Outlet Store, Orthopedic Associates surgery and imaging center, and Sly Fox’s brewery and pub. Nearby are Tower Health’s Main Campus, Wyomissing Square apartments (248 units), the Lofts at Narrow, and a Courtyard by Marriott, along with retail corridors on 8th and 6th avenues in West Reading. This submarket has a dense population with 13,625 people within 1 mile, 137,003 within 3 miles and 203,608 within 5 miles, and average household incomes of approximately $70,000. This location is ideal as a regional headquarters.