Updated Sep 24, 2026
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:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 965 Chesterbrook Boulevard
- Market: Chesterbrook, PA
- Landlord: Rubenstein Partners
- Tenant: BNY
- Brokers: Whitney Hunter, Mike MacCrory & Doug Newbert - JLL
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
Office
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Players
Chesterbrook Office Market Snapshot
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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