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Keystone Property Group buys GSB Building in Bala Cynwyd
Keystone Property Group has acquired the 245,000-square-foot GSB Building at Belmont and City Avenues in Bala Cynwyd, the developer said in a release Tuesday.
Keystone Property Group has acquired the 245,000-square-foot GSB Building at Belmont and City Avenues in Bala Cynwyd, the developer said in a release Tuesday.
Keystone said it plans improvements to the 12-story building, including new elevators and enhanced lobbies and restrooms. The structure sits on eight acres that could be the site of new mixed-use development, the company said.
The GSB Building, also known as One Belmont Avenue, was acquired from Maguire & Partners. No purchase price was disclosed.
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