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Deals & Dealmakers

Keystone Development + Investment Signs Six New Leases Totaling 50,000 SF at Rosetree Class A Office Complex in Media, Pa.

Keystone Development + Investment has signed six new office leases, consisting of four new tenants and two existing tenant expansions, at its Rosetree office campus in Media, Pennsylvania. The deals, totaling approximately 50,000 square feet highlights the property’s ability to position a modern workforce for success.

The leasing activity at Rosetree, which is home to two office buildings encompassing about 270,000 square feet and featuring four-story and six-story atriums, validates the Media area as a premier location for growing companies, with quick access to major highways, airport, public transit, downtown Media, and Center City Philadelphia. Rosetree is also home to a 24/7 automated grab-and-go market, conference room with flexible seating to accommodate 25-plus, collaborative seating areas, a fitness center with locker rooms and showers, and an outdoor patio.

‘When we reimagined this campus, we aimed to develop a decidedly unique work community that provides stability and room for growth in a rapidly evolving business environment,” says Keystone Development + Investment’s President and COO, Rich Gottlieb. “The property fosters collaboration and provides ample opportunity for companies and their workers to branch out and innovate, unwind, or make new connections.”

Delaware County, Pa.’s largest full-service CPA firm, Brinker Simpson, with a focus on continued expansion, took the most space (14,418 square feet) among the new tenants, moving from two floors in nearby Springfield. Its lease will commence on Sept. 1. Millennium Home Health Care, doing business as Aveanna Home Health, joined its parent company as a tenant with a lease that commenced in March for 5,033 square feet. ARC Document Services will move into 2,954 square feet on a lease that commenced in March. The company, which was looking to upgrade its Philadelphia Regional Administration Office, is moving from Tinicum Twp. later this year. Another home healthcare provider, 365 Health Services, took 3,821 square feet for its lease that commences July 15.

Specialty drug cost containment company Payer Matrix expanded its existing space to 14,418 square feet and its new lease commenced in January. Also expanding was American Expediting, a logistics provider for multiple industries that was subleasing and looking for more space. American Expediting tripled its footprint to 6,172 square feet. The company’s lease will commence in August.

For more information about leasing opportunities at Rosetree, please contact Rich Jones at 610-980-7000.

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