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BPG gets go-ahead to construct 70,000 s/f Pa office building.


PHILADELPHIA, Pa: BPG BPG Blocks Per Game (basketball statistic)
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 Properties, Ltd. announced that its affiliate, BPG Development Company, L.P., has received approval from New Britain New Britain, city, United States
New Britain, industrial city (1990 pop. 75,491), Hartford co., central Conn.; settled c.1686, inc. 1871. The tin shops and brassworks in the city were established in the 18th cent.
 Township to construct a new two-story, 70,000 s/f office building at New Britain Corporate Center in Chalfont, Pennsylvania Chalfont is a borough in Bucks County, Pennsylvania, United States. The population was 3,977 at the 2000 census.

Chalfont is named after Chalfont St Giles in Buckinghamshire also known as Bucks County, England.
.

The firm is developing the two-story building as part of a build-to-suit lease transaction with DaimlerChrysler Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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, based in Farmington Hills, Michigan Farmington Hills is the most populous city in Oakland County of the U.S. state of Michigan. It is a suburb of Detroit and is known for it's affluence, excellent schools, great housing stock, luxury homes and a center of business in Oakland County and Metro Detroit. .

DaimlerChrysler Financial Services will be moving its customer contact center to the New Britain Corporate Center from an existing location in Horsham Township, Montgomery County. The move is targeted for September, 2007.

"For a world class corporation such as DaimlerChrysler Financial Services to commit to this project, demonstrates the viability of this corporate park and speaks volumes about the desirability of locating in New Britain Township, Bucks County," commented Stephen M. Spaeder, president of BPG Development Company, L.P.

Construction of the two-story brick building will commence in October 2006 with an expected delivery date of September 1, 2007. Wulff Architects has been selected as the project architect.

Rick Widerman and Wendy Dobreff of Equis Corporation represented DaimlerChrysler in the lease negotiations. The landlord was represented by John Shelly of Trammell Crow Company, the exclusive leasing agent for New Britain Corporate Center development.

New Britain Corporate Center is a 62-acre corporate campus situated at the intersection of Route 202 and County Line Road in Chalfont, Pennsylvania. The campus is planned for the development of up to 465,000 s/ fof office space.

Additionally, the firm has plans to develop 11 one and two-story office condominiums totaling more than 150,000 s/f.. This portion of the project, named New Britain Commons, will offer buildings varying in size from 8,000 to 11,000 s/f.
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Title Annotation:NATIONAL ROUND-UP
Publication:Real Estate Weekly
Date:Nov 1, 2006
Words:290
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