Business & Tech

Media Financial Firm Expands By 6,700 square-feet

A roughly 20 percent space increase will allow the Media-based financial services firm to provide for future growth and modernize its space.

MEDIA, PA — The Keystone Property Group has approved a lease expansion for a Media-based financial services firm.

Keystone Property Group, a leading real estate developer, manager and investor of mixed-use properties, announced that it has signed lease expansions with existing tenants at four of its mixed-use office buildings in the Philadelphia area.

Among those is Janney Montgomery Scott.

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Janney Montgomery Scott, a full-service financial services firm, relocated from Rosetree 1 to Rosetree 2 and expanded its footprint to 6,700 square-feet - an increase of about 20 percent - to provide for future growth and modernize its space. John Leubecker of JLL represented Janney Montgomery Scott, LLC and Rich Jones represented Keystone.

Situated at the intersection of Route 252 and Route 1, Rosetree 2 is located at 1400 North Providence Road in Media, and provides quick access to I-476 and I-95. Rosetree 2 features a vibrant six-story atrium lobby with modern, collaborative seating; a lobby-level outdoor patio and high-end grab-and-go food market; a new conference room with seating to accommodate 25+ people; and refinished common corridors.

Find out what's happening in Mediafor free with the latest updates from Patch.

The expansions, totaling more than 21,000 square feet, occurred at Valley Forge Office Center in Wayne; VEVA 17 in Blue Bell; and 225 City Avenue in Bala Cynwyd.

Many of the buildings have undergone significant renovations and value-add reinvestment campaigns to improve the tenant experience and overall appeal.

"We are very proud to announce that four of our existing tenants are expanding within the mixed-use office destinations here in Pennsylvania," said Rich Gottlieb, Keystone’s President and COO. "Our relationships with our tenants is our main priority, which is why we develop and design our properties specifically to foster creativity, collaboration and efficiency. Our goal is always to provide them with environments that will allow them to thrive and succeed, and we are extremely excited to continue their growth here in our buildings."

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