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Rubenstein Closes 100K-Plus SF of Leases in Philly Area

Rubenstein Partners, L.P. recently closed more than 100,000 feet of leasing activity at Makefield Crossing in the Philadelphia suburb of Yardley, PA. At the same time, Rubenstein announced the commencement of interior renovations and exterior plaza improvements to the complex.

Within the past 12 months, Rubenstein has signed a new lease for 21,082 square feet with Biohaven Pharmaceuticals, a 21,690-square-foot renewal and expansion of Cello Health, and a 22,409-square-foot renewal and expansion of Jubilant Pharma, among other deals.

“New and existing tenants have embraced our previously announced capital improvement plan for Makefield Crossing, which we are now executing after securing unanimous approvals from the township,” said Louis Merlini, VP of asset management at Rubenstein.

JLL handles leasing for Makefield Crossing on behalf of Rubenstein, which owns three of the complex’s four buildings. EVPs Doug Newbert and Mike MacCrory lead the JLL team.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types as well as delving into broader subject matter. He produces 15-20 daily news stories per day and also works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.

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