I reported last week about how we are reviewing the real estate transactions on Frankford Avenue. One of the largest took place July 16 of 2007 with the purchase of 4243-47 Frankford Avenue for $510,000 by Berkley Property LLC.
The legal address for Berkley is 1010 Shepard Road in Blue Bell. This is the same address as the Wedge Med Corporation a major provider of substance abuse services. They are making significant improvements to the property.
We have no more accurate information at this point but we'll continue to research the issue.
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