Philadelphia Industrial Development Authority Awards Facilities Contract to South State Inc (January 2026)
- Disclosed value
- $22.50 triple net per rentable square foot
- From agenda
- Approved
- Jan 27, 2026
The 30-second brief
The Philadelphia Authority for Industrial Development approved a triple net office lease with South State, Inc. for 4,138 square feet at 4747 S. Broad Street at $22.50 per square foot. The lease runs for 60 months with two 3‑month renewal options and includes 3% annual rent escalations after the first year.
South State Inc holds this facilities contract with Philadelphia Industrial Development Authority. Its other public contracts on record include work for Camden County and Township of Franklin.
Term as filed: Initial term of 60 months with two 3-month renewal options.
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Contract details
- Contract type
- Facilities
- Amount
- $22.50 triple net per rentable square foot
- Document date
- January 27, 2026
- Term
- Initial term of 60 months with two 3-month renewal options
- Vendor
- South State Inc
- Source document
- Philadelphia Authority for Industrial Development Board Meeting Agenda January 2026 (Agenda)
South State Inc's other public contracts
More Philadelphia Industrial Development Authority contracts
Questions about this contract
Who was awarded the facilities contract by Philadelphia Industrial Development Authority?
South State Inc was awarded this facilities contract by Philadelphia Industrial Development Authority, as recorded on January 27, 2026. The contract value is $22.50 triple net per rentable square foot.
How much is the South State Inc contract with Philadelphia Industrial Development Authority worth?
The South State Inc contract with Philadelphia Industrial Development Authority is valued at $22.50 triple net per rentable square foot, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Philadelphia Authority for Industrial Development Board Meeting Agenda January 2026 (Agenda), dated January 27, 2026 from Philadelphia Industrial Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does South State Inc hold?
South State Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Philadelphia Industrial Development Authority currently buying?
Explore Philadelphia Industrial Development Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.