Philadelphia -- Plymouth Meeting, Pa.-based Fameco Real Estate said that it represented Ulta Beauty in a 13,647-sq.-ft. lease at 1619 Walnut Street, the former Westinghouse studio, developed by Vesper Property Group and located in Center City, Philadelphia.
The lease marks Ulta’s first retail location in Center City. It will open a three-level store much like its other signature urban store in Chicago.
Built in 1937, 1619 Walnut Street was once occupied by Westinghouse Broadcasting and later CBS affiliate, KYW-TV. Vesper Property Group acquired the property in 2007 and embarked on a multimillion dollar renovation led by architecture firm Bohlin Cywinski Jackson. The upgrades were completed in 2011 and included a dramatic new glass façade, completely renovated three-story retail space and all new building systems.
“Ulta is extremely excited about developing a multi-level, urban store on Walnut Street in Philadelphia, a wonderful shopping street in a great and historic city,” said Dave Rayner, Ulta’s VP of real estate. “Our location at 1619 Walnut offers tremendous visibility and presence through its two-story glass wall storefront, a truly fine and distinctive architectural presentation.”