The Southeast Pennsylvania Workforce Planning Region predicts the biggest buildup of suburban jobs will be in construction: a 16.2% increase within the next 5 years. You can already see it taking shape at enormous work sites such as the project at PA-63 and Dreshertown Road in Upper Dublin, where several cranes and a buzz of activity fill the air.
Children’s Hospital of Philadelphia (CHOP) announced plans to open a new 37,000-square-foot Specialty Care & Urgent Care Center in Abington, PA. This is the latest expansion in the CHOP Care Network, which today includes more than 50 primary care offices, specialty care and surgical centers, urgent care centers, and community hospital alliances throughout Pennsylvania, New Jersey and New York. <read more>
BET Investments, a real estate firm founded by Bruce E. Toll, who also cofounded residential developer Toll Brothers, is nearing completion of West End Flats. The project is a 162-unit apartment community at 444 West Baltimore Pike (the corner of Baltimore Avenue and Brook Street) in Media, Pa. The four-story development, which is being financed by TD Bank, will be delivered in August. <<–Read More at Multi-Housing News–>
Contact: Michael P. Markman, President
BET INVESTMENTS, INC. (A Bruce E. Toll Company) NEARS COMPLETION OF A 200,000 SQUARE FOOT GROCERY ANCHORED, BEST IN CLASS SHOPPING CENTER IN NORTH GREENBUSH, NEW YORK
BET Investments, Inc., a Bruce E. Toll Company based in Dresher, Pennsylvania, is developing Van Rensselaer Square, a 200,000 square foot shopping center located off Interstate 90 at the intersection of Route 4 and Route 43 in North Greenbush, New York. ShopRite, Home Goods, Chili’s and CapCom Federal Credit Union are open for business. Leases have also been signed with Michaels, TJ Maxx, Five Below, Melissa’s Beauty Bar, Realty USA and Hanzo Sushi and Hibachi. There are additional national and local tenant leases being negotiated to bring the occupancy to 95% upon completion in September of this year. “The completion of this shopping center is the culmination of many years of work to create this best in class property,” said Michael Markman, President of BET Investments.
The property is being leased by Tracy Lauer of Widewaters and is being financed by Key Bank.
BET Investments is a fully integrated real estate development, leasing and management company that was founded by Bruce E. Toll and Michael Markman. BET and its affiliates own more than seven million square feet of mixed-use and retail projects, one million square feet of office properties and over 4,000 apartment units in 12 states. For more information contact Michael P. Markman, President of BET Investments, Inc. at (215) 938-7115 or firstname.lastname@example.org.