BPG sells 269,000 s/f S. Brunswick space.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. (BPG), the real estate investment manager for Berwind Property Group, Ltd. and other major institutional investors, announced the sale of 51 Commerce Drive, a 269,000 s/f warehouse facility, in South Brunswick South Brunswick is the name of several places in the United States of America:
WEA World Evangelical Alliance WEA Washington Education Association WEA Wilderness Education Association WEA Workers' Education Association WEA WebSphere Everyplace Access (IBM) WEA Wisconsin Education Association Enterprises Company, Inc. Dan Frankel of Newmark Knight Frank represented the Seller in the transaction. The buyer was represented by Mike Evans of SBWE, Inc. 51 Commerce Drive is a one-story warehouse facility which includes approximately 10,000 square feet of office space. The building is strategically located within 3/4 of a mile of the New Jersey Turnpike
It is situated within the well-known industrial market at Exit 6A off the Turnpike turnpike, road paid for partly or wholly by fees collected from travelers at tollgates. It derives its name from the hinged bar that prevented passage through such a gate until the toll was paid. See also road. . During its ownership, BPG renewed and expanded the existing tenant, Market Resource Packaging, and leased the remaining 47,000 s/f to Hermann Warehouse Corporation. At the time of disposition, the property was 100% leased. BPG acquired the property in June 2004 on behalf of its BPG Investment Partnership VI, L.P., a fully discretionary private equity fund with total equity commitments of $384 million. |
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