Balance Between Work, Life Lures Equus from Center City to Newtown Square

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Rendering of Equus Capital Partners headquarters in Ellis Preserve.
Image via D2 Groups.
Rendering of Equus Capital Partners' headquarters in Ellis Preserve.

The goal of giving its employees the good life has led Equus Capital Partners to pull out of the city and invest in a better work-life balance in the suburbs.

Equus just announced it will leave its 35,000-square-foot lease in center city, and move into a new 42,000-square-foot building at Ellis Preserve in Newtown Square, according to a Philadelphia Inquirer report by Jacob Adelman.

CEO Dan DiLella justified the relocation, saying it “will support our business goals of attracting and retaining talented professionals who seek to balance a career and an active social life with good schools and safe neighborhoods.”

Equus’s 110-person operation expects to transition to the burgeoning multi-use development in April 2018. A new hotel and 252-unit residential building are also rising with the new office building. Equus bought Ellis Preserve back in 2004, and has spurred $600 million in development since.

Read more about the real estate investment firm’s big move in the Philadelphia Inquirer here.

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