PricewaterhouseCoopers Leases 63,000-SF for Software Training Space

NEW YORK CITY-PricewaterhouseCoopers, recently featured on A&E’s program Top 10, featuring the ten most closely guarded secrets, for its role in protecting the secrecy of the Academy Awards annually, has just signed a lease for 63,000 sf of office space. The company plans to use the space to house its training operations for its accountant software.

The space is located at 30 South 17th St. in Center City Philadelphia. The building has a total of 600,000 sf. Fred Smith and Kevin McNeil of Cushman & Wakefield’s office here, which serves as the company’s North America headquarters, joined Gil Pierce and Roger McManimon of C&W’s Pennsylvania regional office represented PwC in the deal. Dean Geis of Geis Realty represented the owner, 17 Ludlow Property LLC of Los Angeles.

PwC, formed in July 1998 by the merger of Coopers & Lybrand International and Price Waterhouse, is headquartered at 1301 Avenue of the Americas here in Manhattan in the office of the chairman–Nicholas G. Moore. The company’s accountant software is PowerTax, currently solely listed as available in Australia, the United Kingdom and New Zealand on its web site.

PowerTax features tax forms, acceptable to the Revenue authorities in the above listed countries, and does computations, updating tax returns and eliminating the need for manual filing. The company’s site promises the software will save companies time and money, as well as reduce risks involved in filing. PwC uses its own software in its offices.