Thursday, February 18, 2016

BET Investments Acquires Montgomery Corp Ctr II

CBRE Global Investors Ltd. sold the Montgomery Corporate Center II office building at 200 Dryden Rd. in Dresher, PA to BET Investments, Inc. for an estimated $34.75 million, or about $154 per square foot, according to public records.

The four-story, 4-Star office building totals 225,722 square feet and delivered in 2002 on 25 acres. BET separately purchased 75 acres of raw land adjacent to this building with plans to develop a mixed-use business park.

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