Monday, August 24, 2015

Comcast Spotlight Signs $38 Million Lease at Chesterbrook Corporate Center

The Eastern Division of Comcast Spotlight leased 129,459 square feet of Class A office space at 725 Chesterbrook Blvd. in Chesterbrook, Pennsylvania.

The building will serve as the main headquarters for the advertising sales division of Comcast Cable. The Eastern Division is comprised of 15 TV markets including Philadelphia, Washington, DC, New York and Pittsburgh, four of the top 25 markets with 8.8 million subscribers.

The landlord is Pitcairn Properties, based in Newtown, PA. Pitcairn, along with well-known institutional equity partners, has both developed and acquired major suburban office and industrial parks throughout the greater Philadelphia region.

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