Item 2. Properties
Item 2. Properties
In June 2021, we expect to move our corporate headquarters and principal offices from Bala Cynwyd, Pennsylvania to 110 Washington Street, Suite 1300, Conshohocken, Pennsylvania 19428. We entered a lease agreement for the Conshohocken space in October 2019. The lease for our former headquarters space at One Presidential Boulevard in Bala Cynwyd expires in December 2021, or sooner if a replacement tenant is found. Once we move to Conshohocken, we will no longer operate out of Bala Cynwyd. We also lease additional office space in Denver, Frankfurt, Hong Kong, London, Miami, New York, Portland (Oregon), San Diego, San Francisco, Scranton (Pennsylvania), Seoul, Singapore, Sydney, Herzliya, Israel (a suburb of Tel Aviv), Tokyo and Toronto. We do not own any real property. We believe our current facilities are adequate for our current needs and that suitable additional space will be available as and when needed.
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