BALA CYNWYD, PA — The Keystone Property Group has approved a lease expansion for a Bala Cynwyd’s Jefferson University Physicians.
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 Jefferson University Physicians in Bala Cynwyd.
Jefferson University Physicians, a Pennsylvania non-profit corporation, will expand its current space at 225 E. City Ave. by 6,790 square feet.
Its new space is 10,574 square feet – roughly three times its initial size. Savills Inc. represented Jefferson University Physicians in the transaction. Keystone was represented by Colliers International.
The location provides excellent access to Interstate 76/Schuylkill Expressway, the SEPTA R6 regional rail line (Manayunk/Norristown) and SEPTA bus routes that service the City Avenue corridor.
Katz’s Deli and Main Line Health Food are on site, and Chili’s Grill & Bar, Sardi’s Pollo A La Brasa and Corner Bakery Cafe are nearby.