14A — April 13 - April 26, 2012 — Mid Atlantic Real Estate Journal
www.marejournal.com M ID A TLANTIC R EAL E STATE J OURNAL 2.5 million s/f in WI, MD, VA, NC and NJ for $195m Liberty Property Trust closes sale of 49 property portfolio
MAREJ’s Annual Spring Preview Spotlight Spring Preview We are inviting a select group of top executives to submit an expert article representing their area of expertise. As an expert you will be able to enlighten our 25,000 + readers on your specialty by giving a general overview on the current state of the market and expectations for 2012.
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ALVERN, PA — Liberty Property Trust announced
Virginia, North Carolina and New Jersey for approxi- mately $195 million. The properties consist primarily of single-story and mid-rise office buildings and high- finish flex properties. The properties were 83% leased when the transaction closed on April 3, 2012. “The completion of this sale furthers Liberty’s strategic plan to decrease our expo- The BL staff possesses the specific technical expertise needed to deliver exceptional quality and unparalleled responsiveness within these markets, while remaining competitive. This is the second regional office opening in six months, which includes the opening of our Pittsburgh, PAoffice in October, 2011 to support BL’s Clients in our target markets. With the New Jersey office opening, BL Companies now has nine growing offices in the Northeast and Mid-At- lantic! The new office, located at 200 Centennial Ave., Suite
200, fills a critical need for BL to increase their coverage throughout the Northeast and Mid-Atlantic regions. It was chosen due to its prox- imity to current clients and central accessibility between all our BL offices. BL Companies, an em- ployee-owned firm, delivers integrated architecture, en- gineering and environmental services to public and private clients for land development, building design, and infra- structure projects. Founded in 1986, BL Com- panies has offices in Con- necticut, New Jersey, New York, Maryland and Penn- sylvania. ■ sure to the suburban office market, while increasing our industrial concentrations,” said Mike Hagan, execu- tive vice president and chief investment officer. “In the last 10 months we have com- pletely exited the suburban office market in Milwaukee, Richmond, and Greensboro, and we have significantly decreased our office portfolio in New Jersey.” ■
Brokerage • Finance • A/E/C • Development Management • RE Law • Green Building Services • Continuing Education Requirements for participation include: Half page or larger ad purchase, 550 word article Headshot and bio of the author
that it has c omp l e t ed its anticipat- ed sale of 49 proper t i es totaling 2.5 million s/f of space in Wisconsin, Mary l and ,
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Publication Date: April 27th, 21012 Deadline Date: April 18th, 2012
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Mike Hagan
BL Companies opens office in Piscataway, NJ New Jersey.
Linda Christman at 800-584-1062 lchristman@marejournal.com
PISCATAWAY, NJ — BL Companies, a multi-disciplin- ary architecture, engineer- ing and environmental firm, providing services to public and private clients in the Northeast and Mid-Atlantic, announced they are opening an office in Piscataway. Being able to offer their services and client care in close proximity to their cli- ents and projects has been a foundation of BL’s long term strategy. Their growth strat- egy for 2012 is focused on the Mid-Atlantic region - and once again, we are expanding our presence. We have been actively driving our business development strategies in
APARTMENT COMPLEX FOR SALE
32 One-Bedroom MFH Apartments for Sale Briarwood Court Apartments Front & Second Street, Belvidere, NJ 07823 Block 15 Lot 13 Sales Price - $900,000 Repair/Rehab Loan for immediate capital needs will be given Bids for less than Minimum will not be accepted Bids are due May 14, 2012 by 4:30pm NOT FOR PROFIT PREFERENCE WILL BE GIVEN Terms-Property is being sold in the USDA, Rural Development Section 515 MFH Program Restrictive-Use provisions will be placed on the property Agency Financing is available and applicants must qualify under the federal guidelines For An Application/Details/Visits to the property contact, Donna L. O’Brien, Senior Area Specialist at 609-267-1639, Ext: 126 or donna.obrien@nj.usda.gov
RARE DEVELOPMENT OPPORTUNITY $4.5 Million ∙ 33 Acres
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For More Information Please Contact:
3801 Penn Ave Sinking Spring, PA
The subject property located in Sinking Spring PA (just minutes from Reading, PA) is 33 acres of land and is pre-approved for a three story, 55+, independent living facility with 130 units and 20 more in the future, and 80 townhouse units. Ready to develop. Public Water & sewer.
Eddy Peng, CCIM, CIPS RE/MAX of Reading Office: (610) 670-2770 x3078 Cell: (610) 223-0567 Email: EddyPeng2@verizon.net
Rural Development is An Equal Opportunity Lender
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