Binswanger Facilitates McKinsey & Company’s Long-Term Lease Renewal at Cira Centre in Philadelphia

PHILA, PA – SEPT. 10, 2025 – Binswanger, a leading global commercial real estate services firm, announced that it successfully represented McKinsey & Company in negotiating a long-term lease renewal for its Philadelphia office at the Cira Centre. The renewal, secured by Binswanger’s Jason Kramer and Josh Haber, ensures the consulting firm remains at its current location, where it will embark on a comprehensive transformation of its 27,684 square feet of office space.

“We are pleased to continue our long-standing relationship with McKinsey & Company as they reaffirm their commitment to Philadelphia. Cira Centre is an ideal location for their future growth, and we are excited to be part of their plans for a complete reimagining of their office environment,” said Jason Kramer, Managing Partner at Binswanger.

The renovation of the office space will enable McKinsey & Company to create an innovative and collaborative work environment, designed to meet the evolving needs of the firm’s team and clients. The project reflects McKinsey’s commitment to maintaining a world-class office that supports the firm’s culture of collaboration, innovation, and excellence.

The Cira Centre, located in the heart of Philadelphia’s dynamic University City district, is known for its prime location, modern amenities, and striking architectural design. The building offers a vibrant and strategic environment, perfectly suited for leading organizations like McKinsey & Company to thrive.

Josh Haber, Managing Partner at Binswanger, added, “McKinsey’s decision to renew at Cira Centre is a testament to the building’s appeal and the strength of Philadelphia as a key business hub. We’re excited to see McKinsey’s vision for their new space come to life.”

Binswanger’s role in securing this long-term renewal follows an extensive market search to ensure McKinsey & Company’s office needs are met. With the successful negotiation of this deal, the firm will continue its presence in Philadelphia, strengthening its position as a leader in the business and consulting community.

About Binswanger

Binswanger is a uniquely specialized commercial real estate advisory firm focusing on industrial and highly challenged properties for major occupiers and investors. Founded in 1931 by real estate innovator and pioneer Frank Binswanger Sr., the employee-owned company leverages real estate to strengthen businesses and transform communities around the globe. We pride ourselves on our unique ability to solve the most challenging real estate complexities with creative solutions in acquisition, disposition, lease-up, project and facilities management, and finance. For more information, visit www.binswanger.com.