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BPG's triple aquisition.


BPG BPG Blocks Per Game (basketball statistic)
BPG Bisphosphoglycerate
BPG Bi-National Planning Group (NORADHQ)
BPG Belgian Polymer Group
BPG Binational Planning Group
 Properties, Ltd., the operating affiliate of Berwind Property Group, Ltd., has announced the acquisition of three Class A three-story office buildings, totaling 221,234 s/f in Sparks, Maryland Sparks is an unincorporated community that is located in northern Baltimore County, Maryland, United States. It is situated approximately 20 miles north of Baltimore, Maryland and is considered to be a suburb of the City of Baltimore, although York, Pennsylvania is similarly close. . The buildings are 60% leased.

The purchase was made by an affiliate of BPG on behalf of BPG Investment Partnership VI, a $384 million private equity fund sponsored by BPG.

"The acquisition of 910-930 Ridgebrook Road offers a value added Value Added

The enhancement a company gives its product or service before offering the product to customers.

Notes:
This can either increase the products price or value.
 opportunity while providing entrance into one of the most dynamic and desirable suburban Baltimore Baltimore, city (1990 pop. 736,014), N central Md., surrounded by but politically independent of Baltimore co., on the Patapsco River estuary, an arm of Chesapeake Bay; inc. 1745.  office markets," commented Roy C. Perry, Senior Vice President of BPG who was responsible for the acquisition.
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Article Details
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Title Annotation:BPG Properties Ltd.
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 2, 2005
Words:101
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