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965 Chesterbrook Boulevard

Updated Sep 24, 2026

BNY Signs 42,000 Square Foot Office Lease At Chesterbrook Campus Represented By JLL
LEASEDOffice

BNY Signs 42,000 Square Foot Office Lease At Chesterbrook Campus Represented By JLL

965 Chesterbrook Boulevard

Building Size

42,000 SF

Asset Type

Office

Closing

Sep 23, 2026

About this deal

AI

965 Chesterbrook Boulevard is a 42,000-square-foot office asset located in Chesterbrook, PA. The property is part of a three-story building and is situated within the Chesterbrook office campus, owned by Rubenstein Partners.

Summary of transation details:

BNY has signed a lease for the entire second floor of the building. JLL represented both the landlord, Rubenstein Partners, and BNY during the transaction, with Whitney Hunter, Mike MacCrory, and Doug Newbert specifically handling the landlord representation.

On the Map

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Office

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Players

Doug Newbert

JLL

Broker

3 deals

Broker
Rubenstein Partners
Rubenstein PartnersLandlord
BNY
BNYTenant

Chesterbrook Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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