Class-A Distribution Site
Benchmark Real Estate identified an opportunity in Bristol, PA to redevelop an underutilized, dilapidated nuisance hotel into a Class A industrial building. Located adjacent to Exit 42 of the Pennsylvania Turnpike, the property provides immediate access to I-95 and both the PA and NJ Turnpikes. Benchmark Real Estate led a successful rezone, text amendment, and approval process to be able to quickly demolish the hotel and provide the community and industrial users with a new opportunity and a fresh slate.
Real Estate Services:
- Site evaluation and selection
- Proformas
- Sensitivity analyses
- Brokerage services
- Master Planning
- Feasibility Studies
- Development Budgets
- Development Schedule & Management
- Design Team Selection
- Grant Writing
- Disposition & Financing Strategies
Project Info
- Location: Levittown, PA
- Square Footage: 130,000
- Funding Source: RACP, Enterprise Zone Tax Credits
Key Team Members
-
Mike S. Callahan
Vice President of Real Estate Development
-
Devin Learn
Real Estate Development Executive
