M id A tlantic Real Estate Journal — Southeastern Pennsylvania — July 2026 — 37
www.marej.com
S outheastern P ennsylvania Leasing momentum accelerates across Chesterbrook office park Rubenstein Partners announces BNY’s 42,000 s/f lease at Chesterbrook in Wayne, PA
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located on the second floor of the facility. Rubenstein acquired the Chesterbrook property in 2019 and embarked on a full reimag- ining of the complex through a multimillion-dollar capital im- provement plan that improved the campus and upgraded the interior and exterior of the buildings. Campus connectiv - ity at Chesterbrook was also improved by adding new path- ways linking to the nearby net- work of trails at Wilson Farm Park in addition to upgrades such as touchless technology and HVAC improvements.
The bucolic campus is nes- tled into the hills around Valley Forge and sits on the edge of Chester County in Treddyfrin- Easttown Township, a region with superior tax benefits when compared to office buildings in other nearby submarkets. The Chesterbrook properties include 1300 Morris Dr., 1325 Morris Dr., 1400 Morris Dr., 851 Duportail Rd., 955 Ches - terbrook Blvd., 965 Chester - brook Blvd., 725 Chesterbrook Blvd., 735 Chesterbrook Blvd., 600 Lee Rd., 601 Lee Rd., 620 Lee Rd., 640 Lee Rd., 690 Lee Rd., and 701 Lee Rd. MAREJ
AYNE, PA — Ru- benstein Part- ners, L.P. (includ -
ing its affiliates, “Rubenstein” announced that BNY has signed a long-term, 42,000 s/f lease at 965 Chesterbrook Blvd., part of the Chesterbrook office park in Wayne. The lease will occupy the entire second floor of the three-story build - ing and will serve as a regional southeast Pennsylvania office for the global financial services platforms company. The transaction marks an- other significant leasing mile - stone for 965 Chesterbrook Blvd. and follows recent com- mitments from Hartford Steam Boiler, which leased the entire third floor of the building, and Rosenberg & Parker, which leased half of the first floor. With these transactions, the 965 Chesterbrook Blvd. build - ing is nearing full occupancy as tenant demand continues to build across the 14-build- ing campus. The Chesterbrook office park has continued to experience substantial leasing activity over the last few years with 19 new leases signed over the past 24 months, compris- ing over 300K s/f. “We are thrilled to welcome BNY to Chesterbrook and con - tinue the tremendous leasing momentum we are experi- encing across the park,” said Brian Simel with Rubenstein Partners. “The recent activity throughout Chesterbrook dem - onstrates the ongoing demand for high-quality, amenity-rich office environments that sup - port both employee experience and long-term business growth. BNY’s commitment further val - idates Chesterbrook’s position as one of the region’s premier office destinations.” Rubenstein Partners was represented in the transaction by Whit Hunter, Mike Mac- Crory , and Doug Newbert from Jones Lange Lasalle . A separate team from Jones Lange Lasalle represented BNY. The Chesterbrook campus remains one of the largest of- fice parks in the region and a premier destination for office tenants in Philadelphia. The centerpiece of the highly ame- nitized campus is The Circuit, a two-story, 41,331-square-foot amenity center that provides tenants with a place to work, collaborate or socialize with colleagues. The Circuit also includes Flex at Chesterbrook, a 20,000 s/f co-working space
965 Chesterbrook Blvd.
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