BERWYN, PA—Keystone Property Group has completed five lease transactions, including four new tenants and one expansion – totaling 20,000 square feet of absorption at Westlakes in Berwyn, PA. As Keystone completes a significant set of property improvements to its holdings at Westlakes One, Two, Three and Five, the rapid property lease-up is indicative of the significant demand for these modernized state-of-the-art office spaces.

“Today's forward-thinking businesses understand the value of collaborative and exciting workspaces,” says Bill Glazer, president of Keystone. “With major upgrades to the buildings and grounds, we've created a fresh, stimulating environment that is conducive to both creativity and productivity and provides significant value to our tenants.”

The five new tenants are: SolarSense, an alternative energy company; Donovan Axler, a business law firm specializing in pension funds, hedge funds and small businesses; Jones Lang LaSalle; and Amring Pharmaceuticals, a global specialty generic pharmaceutical company. Additionally, the largest deal completed recently at Westlakes was with Berkshire Hathaway, which renewed and expanded its 17,954-square-foot Fox & Roach office by 3,808 square feet, reaching a total of 21,762 square feet.