Keystone Development + Investment Achieves 203,520 Square Feet of Leasing at The Washington
08/04/2022 - 08:05 AM
CONSHOHOCKEN, Pa. --(BUSINESS WIRE)--
Keystone Development + Investment and Cushman & Wakefield announced today the signing of three leases with Lighthouse Immersive and Impact Museums , the GSA , and Ace American Insurance Company at The Washington . This leasing activity takes The Washington’s occupancy level to over 90% .
Lighthouse and Impact Museums will occupy 31,718 square feet when it opens in spring 2023. With its 26-foot-tall ceilings, open blocks of space, accessibility to transit, and history, The Washington provides a space to bring a fully-immersive experience to Philadelphia . The experience will honor the features of the building along with a best-in-class food and beverage program driven by local vendors.
“With Independence Beer Garden at 100 Independence, PJ Clarke’s at The Curtis, and now Impact Museums at The Washington , Keystone is transforming Independence Mall into a true destination for not just historic, tourist attractions but now a neighborhood with dining and immersive experiences for everyone to enjoy,” says Keystone’s CEO, Bill Glazer .
GSA has signed a lease for 31,217 square feet on the second floor. Ace American Insurance Company renewed its 140,585-square-foot lease in the building.
In addition, Keystone has reached an 18-month agreement with ENGIE Resources LLC , making The Washington 100% powered by renewable energy.
About Keystone Development + Investment
Keystone is a vertically integrated commercial real estate development and investment company. It delivers value for investors and tenants by creating mixed-use developments that drive productivity and collaboration. Headquartered in West Conshohocken, PA. , its portfolio of projects attracting world-class companies includes 10 million square feet of office and mixed-use properties and spans along the East Coast . Keystone has offices in Philadelphia, PA , Morristown, NJ , and Miami FL.
For more information, please visit www.keystone.us .
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and approximately 60 countries. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, and valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
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MEDIA CONTACTS
Britni Ackrivo
Gregory FCA
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484-504-9920
Jayden Lapin-Tatman
Cushman & Wakefield
Jayden.LapinTatman@cushwake.com
212-841-5052
Source: Keystone Development + Investment