Commerce Square - Tenants

Tenants

One Commerce Square's main tenant is IBM, which moved into the skyscraper when it opened in 1987. IBM initially occupied nearly half of One Commerce Square, but in the decades since, consolidation has reduced the company's presence in the building. Other tenants in One Commerce Square include Stradley Ronon Stevens & Young LLP, The Pew Charitable Trusts, Fiserv Securities Inc., Thorp Reed & Armstrong LLP, and Delaware Investments, which also leases office space in Two Commerce Square.

When Two Commerce Square opened in 1992, the Consolidated Rail Corporation made 728,000 square feet (68,000 m2) of the tower its corporate headquarters. Since being bought by Norfolk Southern and CSX Transportation, Conrail and CSX now share about 5,000 square feet (460 m2) in the tower. Today Two Commerce Square has become a center of accounting and consulting firms, the largest of which is PricewaterhouseCoopers, which occupies 215,000 square feet (20,000 m2). Occupying the tower since its 1992 opening, professional services firm Ernst & Young LLP leases 115,000 square feet (11,000 m2) of the tower. Other related firms include Delaware Investments which leases 125,000 square feet (12,000 m2) and Grant Thornton LLP. Other tenants also fill the tower, these include Leaf Financial Corporation, which leases the 14th and 15th floors; Reliance Standard Life Insurance Co., which leases 130,000 square feet (12,000 m2); and engineering firm McCormick Taylor, which occupies 60,000 square feet (5,600 m2). In 2010, multimedia company Wolters Kluwer moved into 75,000 square feet (7,000 m2) on the third and fourth floors, raising Two Commerce Square's occupancy to 91 percent.