220 N Park Rd, Wyomissing, PA 19610

NAI Keystone is pleased to exclusively represent Park Place Center in Wyomissing, PA in leasing a newly proposed 60,000 Sq. Ft. Office/Medical/Research building as Phase 1 of a multi-phase project. Park Place Center is a ten acre site within walking distance of the former VF Outlets that is now part of The Knitting Mills, an exciting new $100 million redevelopment mixed-use business and retail campus. The Knitting Mills is the new home of Tower Health Systems' Admin, IT and Tech training which currently occupies 133,000 square feet across two buildings, including the soon be re-located C-Suite administrative offices from their main campus. UGI Energy Services corporate headquarters will occupy 146,324 square feet within the campus with an expected opening date of July 2019. Directly across from Park Place Center, Teleflex Inc’s newest medical/lab/R&D/manufacturing facility has a scheduled completion date of June 2019 and will occupy a 53,000 square foot building, along with the recent announcement from Drexel University’s College of Medicine and Tower Health to open an approx 150,000 SF medical school. The Knitting Mills is also home to VF Outlet Store, Orthopedic Associates surgery and imaging center as well as Sly Fox’s latest brewery and pub. Surrounding complementary uses include: Tower Health’s Main Campus, Wyomissing Square apartments (248 units), the Lofts at Narrow, Courtyard by Marriott as well as active retail corridors with shops and restaurants on 8th and 6th avenues in nearby West Reading. This is a densely populated submarket with 13,625 people within 1 mile, 137,003 people within 3 miles and 203,608 people within 5 miles with average household incomes of approximately $70,000.