Navigation Links
BPG Properties, LTD. Announces Land Sale to OrthopaediCare, Formerly Orthopedic Specialty Center, in New Britain Corporate Center in Chalfont, Pennsylvania

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 another sign of the practice’s growth in the suburban Philadelphia area. As in their Willow Grove location, their 17 physicians will offer sub-specialty care in joint, spine, hand, sports, and trauma and will have facilities for physical therapy, occupational therapy, and x-ray. With these services now available locally, patients can receive their orthopaedic sub-specialty care closer to home. Construction on the new outpatient center at New Britain Corporate Center is anticipated to begin in October with a scheduled opening in May 2010.

New Britain Corporate Center is fully approved for the development of up to 465,000 square feet of commercial space. Current approvals allow for a 50,000 square foot, two-story office building, a single-story 31,600 square foot office/flex building, a two-story 59,600 square foot office/flex building and 150,000 square feet of office space within 11 planned one and two-story office buildings. The Center is less than one mile from the Route 202 Parkway which is currently under construction.

The Center is located adjacent to New Britain Village Shopping Center, a 130,000 square foot neighborhood retail center which is anchored by a Genuardi’s supermarket. Additional area amenities include a full service athletic center, two daycare facilities and the Montgomery Mall. New Britain Corporate Center offers immediate access to Route 202 and County Line Road and is within seven miles of Doylestown Borough, the county seat of Bucks County, and 10 miles from Horsham.

About BPG Properties, Ltd.
BPG Properties, Ltd. is one of the nation’s leading private equity real estate fund managers. BPG’s portfolio consists of over 20 million square feet of office, retail, student housing, and industrial properties and more than 25,000 apartment units in more than 100 communities located throughout the United States. The firm is headquartered in the Philadelphia area with regional offices in Los Angeles, Chicago, Washington DC, Boston, Atlanta and Raleigh-Durham. For additional information, please visit the company’s website at

For additional information on BPG Properties, Ltd., please contact:
Holly T. Reynolds, Vice President, at (215) 575-2363
mleitch (at)

For additional information on the property, please contact:
Robert Cook, Vice President at (215) 575-2485


Read the full story at

Source: PRWeb
Copyright©2009 Vocus, Inc.
All rights reserved

Related medicine news :

1. All-State Properties, L.P. Announces Termination of Reverse Merger With Chinese Pharmaceutical Company
2. Nationwide Health Properties, Inc. Not Affiliated With U.K. Nursing Home Company
3. HHS Announces $75 Million in Supplemental Funding to States for Pandemic Flu Preparedness
4. CRC Health Group Announces Acquisition of Bayside Marin Recovery Center, San Rafael
5. UHW Announces: Antelope Valley Hospital Caregivers and Board Vote to Ratify First Union Contract With SEIU UHW-West
6. HEI, Inc. Announces Sale of RFID Division Assets
7. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Zyloprim(R)
8. Mettler-Toledo International Inc. Announces Webcast of Presentation at Thomas Weisel Partners 2007 Healthcare Conference
9. Z Trim Announces Revocation of Gregory Halpern Severence Agreement
10. Brooke Franchise Corporation Announces Selected July Results
11. Manor Care, Inc. Announces Record Date for Special Stockholder Meeting
Post Your Comments:
(Date:6/25/2016)... ... ... As a lifelong Southern Californian, Dr. Omkar Marathe earned his Bachelors in ... School of Medicine at UCLA. He trained in Internal Medicine at Scripps Green Hospital ... at the UCLA-Olive View-Cedars Sinai program where he had the opportunity to train in ...
(Date:6/25/2016)... ... June 25, 2016 , ... On Friday, June 10, Van Mitchell, ... at Work award to iHire in recognition of their exemplary accomplishments in worksite health ... annual Maryland Workplace Health & Wellness Symposium at the BWI Marriott in Linthicum Heights. ...
(Date:6/24/2016)... CA (PRWEB) , ... June 24, 2016 , ... A ... procedures that most people are unfamiliar with. The article goes on to state that ... but also many of these less common operations such as calf and cheek reduction. ...
(Date:6/24/2016)... ... 24, 2016 , ... June 19, 2016 is World Sickle Cell Observance Day. ... the benefits of holistic treatments, Serenity Recovery Center of Marne, Michigan, has ... , Sickle Cell Disease (SCD) is a disorder of the red blood cells, which ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... Sessions in Dallas that it will receive two significant new grants to support ... as PHA marked its 25th anniversary by recognizing patients, medical professionals and scientists ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... BOGOTA, Colombia , June 23, 2016  Astellas today announced the establishment of Astellas Farma Colombia (AFC), a ... second affiliate in Latin America . ... ... ... ...
(Date:6/23/2016)... , June 23, 2016  Guerbet announced today ... Inc.,s Supplier Horizon Award . One ... Guerbet was recognized for its support of Premier members ... through clinical excellence, and commitment to lower costs. ... receive this recognition of our outstanding customer service from ...
(Date:6/23/2016)... 23, 2016 Research and Markets ... Volumes: Global Analysis (United States, China, Japan, Brazil, United ... to their offering. ... healthcare business planners, provides surgical procedure volume data in ... with an in-depth analysis of growth drivers and inhibitors, ...
Breaking Medicine Technology: