Chesterbrook Co-working Space Sees Burgeoning Occupancy

A 20,000-square-foot coworking space in a 14-building Chesterbrook campus is now 90 percent leased, writes Paul Schwedelson for the Philadelphia Business Journal.

Philadelphia-based Rubenstein Partners opened up the space Flex less than a year ago. The building underwent a $10 million transformation and now has a fitness center, indoor and outdoor lounge.  

“We’ve got this amenity building that is purpose-built for meetings and bumping into people and it’s just a pleasant place to be,” said Brian Simel, VP of Asset Management. 

Simel also praised the new building’s design, that brings in a lot of natural light.  

A spokesperson that manages the space has declined to reveal the tenants. Most of the occupants in 1.1 million-square-foot campus work in the pharmaceutical, tech, telecom, and financial services sectors.  

Rubenstein purchased the campus for $148 million in 2019.  

“We’re as excited as ever about the market and particularly about Chesterbrook,” said Simel.  

Read more about the space in the Philadelphia Business Journal.  

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