2C — June 12 - 25, 2015 — Pennsylvania — M id A tlantic
Real Estate Journal
www.marejournal.com
P ennsylvania
OPPORTUNITY Promote Your Company
Two properties in BensalemTwp. to facilitate expansion Frank Roddy of Roddy Inc. reps. buyer in $8.53m sale B ensalem, PA — Fr ank Roddy o f Roddy Inc. , who rep-
* SEND NEWS RELEASES AND PHOTOS *
• Brokered Transactions • New Services/Products • Projects Completed or Underway • Expert Articles • Appointments, Promotions, & Honors • Events • Mergers & Acquisitions • Financing Deals The Mid Atlantic Real Estate Journal welcomes all editorial dealing with the commercial/industrial real estate industry. P.O. Box 26 • Accord, MA 02018 (mailing) 312 Market St. • Rockland, MA 02370 (overnight) e-mail: editor@midatlanticjournal.com www.midatlanticjournal.com
resented School Lane Charter School in the acquisition of the properties located at 3050 Till- man Dr. and 3340 Tillman Dr. in the Glenview Corporate Cen- ter in Bensalem, advised that 3050 Tillman Dr. is an 45,000 s/f one-story building that had been occupied by the Everest Institute and was purchased for $5.63 million fromGlenview Equities LLC. The contiguous property that was acquired at 3340 Tillman Dr. is an 17,500 s/f one-story office building that had been occupied by Nielson Co. and was purchased for $2.9 million fromNewtown Crossing Properties, LP. Karen Schade, CEO and principal of School Lane Char- ter School, advised that the school’s International Bacca- laureateMiddle Years Program (grades 7-10) will be located at the 3050 Tillman Dr. property and the International Bacca- laureate Diploma Program (grades 11-12) will be located at the 3340 Tillman Dr. property. Schade advised that the 3050 Tillman Dr. property is ideally suited for their needs and will require minimal renovations
3050 Tillman Dr.
800-584-1062 781-871-5299 fax Mid Atlantic Real Estate Journal
3340 Tillman Dr.
due to the fact that its last oc- cupant was a school and further advised that there will be some renovations required at the 3340 Tillman Dr. property to facilitate its use as a school. It is anticipated that the grades 7-10 will be housed in the new facility as of August 2016 and grades 11-12 will be housed in the new facility as of August 2017. School Lane Charter School, which opened in 1998 as the first charter school in Bucks County and the first suburban K-8 charter school in Penn- sylvania, is located at 2350 Bristol Pike and 2400 Bristol Pike where it houses grades
K-10. Nearly 1000 students from nine school districts now attend School Lane, enjoying an unparalleled educational experience. The waiting list is extensive at each grade level and School Lane continues to receive daily inquiries and vis- its by interested parents. Schade stated that, “Through- out the school’s history, parent involvement has remained the key element for student achievement. By sharing their time, skills and expertise in meaningful ways, the parents of School Lane Charter School add real value to the education and experience of every child at the school”. n
STRUCTURAL ENGINEERS
www.keasthood.com Philadelphia | Washington
Serving building owners, developers, real estate professionals, and architects since 1953.
CELEbRATInG 25 yEARS oF EnGInEERInG ExCELLEnCE!
QUALITY • COMMITMENT • PERFORMANCE
Renovations & Additions
New Construction
Subsurface Investigations • Construction Inspection and Testing Geotechnical Design & Analysis • Environmental Site Assessments and Remediation • Clean Fill Testing • Carbonate Site Assessments Stormwater Infiltration Testing • Laboratory Soils Testing www.earthengineering.com Corporate Headquarters: 610-277-0880 • Lehigh Valley: 610-967-4540 Central PA: 717-697-5701 • South Jersey: 856-768-1001
Condition Assessments
Due Diligence
400 Market Street, Suite 1250 Philadelphia, PA 19106 215.625.0099 1350 Connecticut Avenue NW, Suite 412 Washington, DC 20036 202.223.1941
Made with FlippingBook - Online catalogs