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BPG Properties, LTD. Announces Land Sale to OrthopaediCare, Formerly Orthopedic Specialty Center, in New Britain Corporate Center in Chalfont, Pennsylvania
Date:8/26/2009

BPG Properties, Ltd. (BPG), one of the nation’s leading private equity fund managers, has announced the sale of a 5.529 acre pad site to OrthopaediCare, formerly the Orthopedic Specialty Center (OSC) for $3.2 million.

Philadelphia, PA (Vocus) August 26, 2009 -- BPG Properties, Ltd. (BPG), one of the nation’s leading private equity fund managers, has announced the sale of a 5.529 acre pad site to OrthopaediCare, formerly the Orthopedic Specialty Center (OSC) for $3.2 million. The site is situated within BPG’s New Britain Corporate Center, a 62-acre master planned office campus located within ¼ mile of the intersection of County Line Road and Route 202 in Chalfont, Bucks County, Pennsylvania. Presently, the Center includes a 50,000 square foot multi-tenanted office building, a 70,000 square foot office building that was developed as a build-to-suit for Chrysler Financial Services Americas, LLC, a medical building for Children’s Hospital of Philadelphia, a life care center and a day care center.

“We are pleased that the physicians at OrthopaediCare chose the New Britain Corporate Center as the location to construct their new comprehensive orthopaedic center,” commented Robert Cook, vice president of BPG who negotiated the sale on behalf of the owner. “Over the past many months, we have worked closely with OrthopaediCare and New Britain Township to obtain the necessary municipal approvals to develop a 33,000 square foot medical office building on the fully improved site.”

OrthopaediCare’s new office in New Britain is a
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Source: PRWeb
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