PHILADELPHIA, April 27, 2015 (GLOBE NEWSWIRE) -- Hill International (NYSE: HIL ), the global leader in managing construction risk, announced today that it has completed the relocation of its global corporate headquarters into Center City Philadelphia. Hill's new address is One Commerce Square, 2005 Market Street, 17th Floor, Philadelphia, Pennsylvania, Tel: (215) 309-7700.
The company's new headquarters office contains approximately 60,000 square feet of office space pursuant to a 12-year lease with Brandywine Realty Trust. The new office space was designed by architecture and interior design firm L2Partridge and built by INTECH Construction. Hill was assisted on the relocation by real estate advisor Newmark Grubb Knight Frank.
Hill's former office in Marlton, New Jersey has been closed. The company has opened a new office in New Jersey located at 10 Woodbridge Center Drive, Suite 430, Woodbridge, New Jersey 07095.
"We are very excited to have completed the move of our company's headquarters to Philadelphia," said David L. Richter, Hill's President and Chief Executive Officer. "With our new prime location in the Center City business district and the consolidation of our two local offices, we expect to see significant benefits going forward," added Richter.
Hill International, with 4,700 professionals in 100 offices worldwide, provides program management, project management, construction management, construction claims and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets. Engineering News-Record magazine recently ranked Hill as the ninth largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com .
Certain statements contained herein may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby. Except for historical information, the matters set forth herein including, but not limited to, any projections of revenues, earnings or other financial items; any statements concerning our plans, strategies and objectives for future operations; and any statements regarding future economic conditions or performance, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties. Although we believe that the expectations, estimates and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results to differ materially from estimates or projections contained in our forward-looking statements are set forth in the Risk Factors section and elsewhere in the reports we have filed with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statement.
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Hill International, Inc. John P. Paolin Senior Vice President of Marketing and Corporate Communications One Commerce Square 2005 Market Street, 17th Floor Philadelphia, PA 19103 (215) 309-7710 johnpaolin@hillintl.com
The Equity Group Inc. Devin Sullivan Senior Vice President (212) 836-9608 dsullivan@equityny.com
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