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The Lits Building - Five Below Headquarters
Lit Brothers department store began as a single building on the corner of 8th & Market Street in 1893. By 1907, Lit Brothers had acquired and constructed the balance of the block in 13 separate stages to unify the building as it exists today for their iconic department store.
In 1985, an affiliate of Brickstone acquired the property and undertook its certified historic rehabilitation, incorporating all-new systems while retaining the character of the first 1893 structure on 8th and market and its final 1907 expansion. The property earned the National Trust Honor Award for best large-scale commercial rehabilitation in the nation 1989.
In 2016, Brickstone launched a major program of capital improvements, including rooftop LED signage, illumination of the entire building façade to showcase the historic architecture, and upgrades to building common areas, vertical transportation systems and operating systems. Brickstone's mixed-use redevelopment includes 600,000 s.f. of first-class office space occupied together with 150,000 s.f. of prime retail space. Brickstone recently welcomed Five Below’s Corporate Headquarters into the most authentic collaborative work space in the City of Philadelphia.
Present Brickstone ownership, functioning together since 1988, is comprised of eight principal partners. Brickstone offers a highly sophisticated transactional team, with decades of experience and direct, hands-on involvement in every project phase from conception to completion and thereafter, including site selection, entitlement and permitting, financing, construction management, leasing, and property management.
Speakers and Panels
Mark Merlini
Partner
Brickstone Realty
Joel Anderson
CEO
Five Below
Developing in Philadelphia
Allan Domb
President
Allan Domb Real Estate
Ron Caplan
President
PMC Property Group
Matthew Pestronk
Co-Founder
Post Brothers
Dominique Casimir
SVP, Enterprise Asset Management
Thomas Jefferson University
Jake Reiter
President
Verde Capital
Joseph Fetterman
EVP Healthcare and Life Sciences
Colliers
How to Keep the Momentum Going
Leo Addimando
Managing Partner and Co-Founder
Alterra Property Group
Rich Gottlieb
President & COO
Keystone Development + Investment
Anne Bovaird Nevins
President
Philadelphia Industrial Development Corporation (PIDC)
George Kotridis
Principal
CLA
Evolution Of The Capital Stack
Neil Beldock
Senior Executive - Originations & Operations
Pender Capital
Gary Bechtel
CEO
Red Oak Capital
John Banas
Managing Director
Walker & Dunlop
Summary
Venue
The Lits Building - Five Below Headquarters
701 Market Street
Philadelphia, PA 19106
Floor: 6th floor
Parkade on 8th & Filbert - Rates below
- Early Bird Special (Enter before 10AM, exit by 7PM): $14
- Up to 1 hour: $10
- Up to 90 mins: $14
- Up to 2 hours: $17
733 Chestnut (Entrance on 800 Chestnut St.) - Rates below
- Early Bird Special: $14
- Up to 90 mins: $20
- Up to 24 hours: $30
8th & Market Streets (Entrance on 10 S. 8th St.) - Rates below
- Early Bird Special: $16
- Up to 90 mins: $20
- Up to 24 hours: $30
Agenda
| Time | Activity |
|---|---|
|
11:30 AM
12:30 PM
|
Registration and Networking!
|
|
12:30 PM
1:10 PM
|
Developing in Philadelphia
|
|
1:10 PM
1:50 PM
|
How to Keep the Momentum Going
As We Get Deeper In The Cycle, How Can You Maximize Returns and Prepare For What's Next |
|
1:50 PM
2:30 PM
|
Evolution Of The Capital Stack
|
|
2:30 PM
3:00 PM
|
More Networking!
|