Chesterbrook Co-working Space Sees Burgeoning Occupancy

chesterbrook office space
Image via JLL, Philadelphia Business Journal.

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.  

Niche names Chesterbrook ‘Best Place to Live in America’

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