Sep 13, 2013 | news, Retail
Horsham, Pennsylvania (September 13, 2013). BET Investments, Inc., a commercial real estate company owned by Bruce E. Toll, is pleased to announce that on September 13, 2013 it acquired the former Waterloo Gardens property located at 200 North Whitford Road with acreage on West Lincoln Highway in Exton, Pennsylvania.
The former Waterloo Gardens contains a total of 48 acres, with 6 acres on West Lincoln Highway (Route 30) and 42 acres on Whitford Road. The property also sits adjacent to Bruce Toll’s newly constructed Robert’s Chevrolet. Roberts Chevrolet was recently relocated to 421 West Lincoln Highway to facilitate the expansion and renovation of Roberts Honda and Roberts Subaru in the Downingtown location.
“BET intends to develop this property with a mix of uses that are complimentary to the surrounding properties,” said Michael P. Markman, President of BET Investments. “We see this well situated Chester County location as an excellent opportunity to develop and implement our strategy of building and redeveloping mixed use projects in the Philadelphia metropolitan area.”
Sep 11, 2013 | news, Retail
Horsham, Pennsylvania (September 11, 2013). BET Investments, Inc., a commercial real estate company owned by Bruce E. Toll, is pleased to announce that on September 9, 2013 it acquired the Bucks Crossing Shopping Center located in Feasterville, Pennsylvania.
Bucks Crossing is an outstanding grocery anchored neighborhood shopping center with excellent access and visibility from Street Road that contains 131,035 square feet of space. The property is anchored by a 70,000 square foot Acme Supermarket and includes TJ Maxx, Petco, Wells Fargo Bank, Five Guys Burgers and Saladworks. (more…)
Apr 2, 2013 | news, Residential
Horsham, Pennsylvania (April 2, 2013). BET Investments, Inc., a commercial real estate company owned by Bruce E. Toll, is pleased to announce that on April 1, 2013, its’ affiliated company acquired Lincoln Woods Apartments located at 9801 Germantown Pike, Lafayette Hill, PA.
At closing, the 216 unit apartment community was 98% leased. The property is located in Montgomery County just across the street from Fairmount Park and Chestnut Hill College, with easy access to the Pennsylvania Turnpike, the Schuylkill Expressway and the Blue Route. The average unit size is 774 square feet. Buildings are of wood frame construction with concrete and masonry foundation systems. Each apartment has its own separate entrance. Common area amenities include a clubhouse, a fitness facility and a swimming pool. (more…)
