Flying Horse Center

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An award-winning building located at 5534 Pulaski Avenue in Philadelphia’s Germantown neighborhood, the Flying Horse Center is a 54,000 sq. ft. parking garage built in 1926 that has been converted into a premier, multi use building. This property has been recognized as a leading example of the adaptive re-use of industrial buildings in Philadelphia. It highlights the important role of design in making new and positive assets in urban neighborhoods, and combines an homage to the industrial past with a vision for a forward thinking, new industrial and urban renaissance. 
The Flying Horse Center is currently in the final renovation phase of a 7,000 square foot development of executive office space (www.FHC-Suites.com ). The Center also contains the Pegasus Room (www.pegasusroom.net), a 7,000 square foot banquet hall space. All renovations and or construction have been performed by Smith Houston Inc.

5215-5217 Germantown Ave.

SmithHouston-6331sThis property consists of two detached, one story industrial buildings that were converted into office space. The property is occupied by SmithHouston Inc. as well as several other tenants including many non-profit tenants. The property has two main tenants and seven office suites. The total square footage for this property is 18,737. Local transit includes a bus stop in front of the premises and 45 parking spaces. SmithHouston focuses on the strategic development of office complex needs for the area. In addition, via a refinance at end of the term of the loan and rental increases, we were able to make essential updated improvements that gave the complex another 15 years of new life.

The 5219 Germantown Ave has a building floor plan with a reception area, 15 private offices areas, six cubicles, conference rooms, a lunchroom and two restrooms. Most the office design consists of glass walls in aluminum frame with clear glass door. We strive to emphasize the movement of day light. All the office space has either commercial grade wall to wall carpeting or laminate flooring with modern ceiling tiles and recessed lighting. There is a built-in garage area used for storage.

5548-5554 Chestnut Street – 5553 Sansom Street – 136 S. 56th Street

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This property is a 2 story 44,250 square foot multi-tenanted office property built in the 1980’s. It was occupied by the Philadelphia Welfare Office for 20 years and then stood vacant for 5 years.  SmithHouston Inc. took over this property in 2006 and renovated it into a modern office space which includes two parking lots for 25 parking spaces and secured garage.  Currently the building houses several non-profit tenants. This property is ideally located next to all essential public transportation and major shopping amenities.  This is consistent with the strategic development of office multipurpose complex for the area. In addition, via a refinance at end of the term of the loan and increased rents, we were able to make essential updated improvements that gave the complex another 15 years of new life.

5241-51 Germantown Ave.

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We sought to maintain the old Industrial flair of the building.  The building construction is brick, high ceiling with skylights, open space, cement floor, and exposed beams. This property was repositioned and completely renovated from an old dilapidated industrial building to a modern multipurpose office complex. The buildings are roughly 18,000 + square feet multi-tenanted residential and commercial use. This property was built in 1930 and is zoned c2 with 37 feet of frontage on Germantown Ave. This location includes a bus stop and private parking. This is consistent with the strategic development of office multi-purpose complex for the area. In addition, via a refinance at end of the term of the loan and increased rents, we were able to make essential updated improvements that gave the complex another 15 years of new life.