Article: Fraser Forbes Real Estate Services Announces the Closing of a $14.6 Million Transaction for a Video Lottery Terminal Facility in Perryville, MD.

Fraser Forbes Real Estate Services, a fullservice real estate firm in Washington, DC, announced that Penn Cecil Maryland, Inc., a wholly-owned subsidiary of Penn National Gaming, who has been selected by the Maryland Video Lottery Location Commission to develop and manage a video lottery terminal (VLT) facility in Cecil County, purchased approximately 36 acres of land located in Perryville, from Principio Iron Company L.P for $14.6 Million. Fraser Forbes agent Steve Efantis and CEO Rich Samit represented the buyer. Penn National plans to commence construction of a $97.5 million Hollywood-themed facility, inclusive of licensing fees, with 75,000 square feet of ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!