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PRG represents The Benson Companies in the purchase of Ravenscliff, a 150 unit residential community in Marple Pa.

PHILADELPHIA, PA. — Precision Realty Group, LLC.(PRG), a full service real estate brokerage firm is pleased to announce that it has represented The Benson Companies in the purchase of Ravenscliff in Marple Pa., located directly off of the Rt. 1 exit of Rt. 476 S on State Rd.

The property was previously owned by Pulte Homes who bought and achieved full and final approvals for the development. Benson intends to develop the property into a class “A” carriage home community to go along with 160 condominium units. The agents who represented The Benson Companies were Stephen J. Jeffries and Shaun M. Lyons.

PRG specializes in, owner representation, tenant representation and investment and land sales in the Delaware Valley. The firm is the exclusive representative for over 50 properties totaling 1.5 million square feet. PRG’s Investment Sales Team has completed transactions in excess of $250 million. PRG is an active member of the ICSC and in 2008 was named a Costar Power Broker for its success in the investment sales division. PRG is also the commercial real estate member of the Philadelphia Chapter of the Business Clubs America (BCA).

May 5, 2011

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