Ben Franklin Technology Partners of Southeastern Pennsylvania relocating to Center City

The nonprofit will move out of its current offices at the Navy Yard at the end of 2025. 

Ben Franklin Technology Partners of Southeastern Pennsylvania (Ben Franklin) announced today that, as part of its strategic plan to build its entrepreneur pipeline, to offer value-added services to its portfolio companies, and to drive stakeholder collaboration in Philadelphia’s innovation ecosystem, it has sold its current office space in Building 100 at South Philadelphia’s Navy Yard and will relocate at the end of 2025 to new offices at 1600 Market Street in Center City Philadelphia.  

Ben Franklin chose the Center City building for its central location to Ben Franklin’s entrepreneurs and other stakeholders, proximity to public transit and other features that better suit the organization’s needs, such as a large convening room available in the building.  

Ben Franklin expects to move into the 12,000 square-foot space by the end of December 2025 or January 2026. Approximately 30 Ben Franklin employees will be transitioning to the new office space.   

“We want to capitalize on the growing enthusiasm around Ben Franklin as a convener and a connector, and this move will help us solidify our role in Philadelphia’s innovation ecosystem,’” said Scott Nissenbaum, President and CEO of Ben Franklin. “Over the years, we have heard from our ecosystem that they would welcome having us be more centrally located in Center City.  Our new offices will be more accessible to everyone from investors to entrepreneurs to our own staff, and we will offer co-working space and more programing activities for our ecosystem stakeholders. We are excited for this next chapter and look forward to having more to announce in the months to come.” 

Ben Franklin has been headquartered in the 33,000 square-foot Building 100 Innovation Center since 2006.  

While Ben Franklin remains in Building 100, the organization will continue to serve as landlord for all tenants in the building, and Ben Franklin will be responsible for the ongoing day-to-day operations of the building. 

Ben Franklin was represented by Alex Breitmayer of JLL in end-to-end advisory services that included market analysis, strategic planning, sale negotiation, and site selection for the relocation. This dual transaction marks a significant milestone for Ben Franklin as it optimizes its real estate footprint while maintaining its commitment to Philadelphia’s innovation ecosystem.  For more information about JLL’s advisory services, visit jll.com. 

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ABOUT BEN FRANKLIN TECHNOLOGY PARTNERS OF SOUTHEASTERN PENNSYLVANIA  

Ben Franklin Technology Partners of Southeastern Pennsylvania (“Ben Franklin”) is the Philadelphia region’s Partners with a Purpose. Nationally ranked among the most active seed and early-stage investors, Ben Franklin helps high-growth innovative enterprises plant and nurture their roots, creating both immediate connections and lasting economic growth. The nonprofit has supported more than 2,000 companies to deliver an impact of more than $5 billion and 32,000 jobs in the Philadelphia region. Whether in tech, life sciences, manufacturing, or industries and breakthroughs yet discovered, Ben Franklin works to raise the community of innovation higher, to benefit present and future generations of Pennsylvanians. Ben Franklin Technology Partners is an initiative of the Pennsylvania Department of Community and Economic Development and is funded by the Ben Franklin Technology Development Authority. Visit us at partnerswithapurpose.org, or follow us at @bftp_sep. 

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