425,000 Sq. Ft. Class A Office Space Unveiled in Suburban Philadelphia
- Dec 17, 2014
A newly redeveloped office park formerly known as Sentry Park West was unveiled in suburban Philadelphia.
Owned by Keystone Property Group, a commercial real estate investment and development company headquartered in Bala Cynwyd, VEVA is now a 16-acre business complex comprising seven completely renovated mid-rise buildings located on VEVA Boulevard in Blue Bell, PA. According to an official statement from Keystone, VEVA was reinvented to reflect the owner’s mission to create aesthetically and functionally innovative workspaces.
“At VEVA, we’ve created the workplace of tomorrow—a tenant experience that will attract and connect with today’s forward-thinking businesses,” said Bill Glazer, president of Keystone Property Group. “Businesses in the region have long been attracted to this complex due to its accessible location and high-quality office space. However, the grand-scale upgrades we’ve made will inspire a higher level of creativity, productivity, collaboration and imagination.”
Located at 1777 Sentry Park West and just 22 miles from Philadelphia, the office property was completed in 1973. Four decades later the Class C office buildings were acquired by Keystone which went on to redesign and upgrade the assets to Class A. Reportedly, Keystone invested approximately $10 million meant to dramatically improve rental rates and increase occupancy at the site.
The list of Class A amenities at VEVA includes a fully reinvented plaza and public pavilion, enhanced inter- and-intranet connectivity, renovated building entrances, upgraded furniture and room design, as well as a fitness and wellness center, café and lounge space, conference space and collaborative outdoor/green workspaces.
According to Keystone, VEVA offers 425,000 square feet of space and is currently 83 percent occupied. The list of tenants includes CIGNA, Citizens Bank, Fiberlink Communications, inVentiv Health Clinical, Morgan Stanley Smith Barney and Fesnak and Associates.
Image courtesy of Keystone Property Group