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Former West Shore factory sold to York firm

After closing last year, a former West Shore factory for The AMES Companies has been sold.An affiliate of York-based Kinsley Properties paid $18 million for the plant at 465 Railroad Ave. in Hampden Township, according to Gerry Blinebury, a broker with real estate firm Cushman & Wakefield. Cushman & Wakefield is listing the 397,000 square-foot building for lease on behalf of Kinsley Properties, […]

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Saxton & Stump

Laura Bailey Gallagher has been named senior counsel attorney at Saxton & Stump, a law firm based in Lancaster.Gallagher is an employment lawyer with nearly 30 years of experience serving local and national clients. She counsels business leaders and HR professionals on complicated legal issues of workplace discrimination, harassment, retaliation, disability, employment contracts, unions, unfair […]

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Retail, office leases forged across region

Delta Airport Consultants leased the first floor at 17 W. High S. in Carlisle. Delta, which focuses on planning, design, construction administration and management of airport infrastructure, plans to use the space as a local headquarters for its engineering team. Pamela E. Fisher of NAI CIR represented the landlord in the transaction.DolgenCorp LLC leased 14,584 […]

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York-area medical office sells for nearly $3M

A California-based partnership called Hayward Center LLC paid $2.926 million for a former furniture store converted to a doctor’s office in West Manchester Township, York County. The seller was Utah-based York MD LLC, which paid $1.875 million for the property at 1550 Rodney Road in November 2023, according to county deed records.The property was marketed on behalf of […]

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Barley Snyder

Reilly Noetzel has been named a partner at Lancaster law firm Barley Snyder effective Jan. 1. Noetzel is a member of the firm’s real estate practice group and of its construction, environment, land use and municipal industry groups. He joined the law firm in 2017 after a stint in the state attorney general’s office.He earned a law […]

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Despite headwinds, deals reshape region’s corporate players in 2024

High interest rates hampered mergers and acquisitions for much of 2024, as did uncertainty over the outcome of the presidential election.Nonetheless, Central Pennsylvania saw plenty of dealmaking over the last year.The roundup below includes the usual suspects like banks and insurance brokerages, but it also features companies that make hammocks, home runs and virtual-reality games. January: […]

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Guv moves to prevent power-price spike

If there’s no fix by this summer, flawed power market rules threaten to saddle Pennsylvania homes and businesses with billions of dollars in extra costs for electricity, according to a regulatory complaint lodged this week by Gov. Josh Shapiro.The complaint, filed with federal energy regulators, seeks to change certain rules governing the cost of power […]

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Hearing raises new questions for beleaguered ATM network

Is it fraud or a failing business?That was one of the questions hanging over a court hearing held yesterday morning to consider contempt charges against Paramount Management Group, a Lancaster-based ATM network being sued by its investors.The investors want Paramount held in contempt for its alleged failure to abide by a court order issued earlier this month.Under […]

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Regional factory jobs stable, but uncertainty looms

After the disruption of the Covid-19 pandemic, the job market is returning to normal for manufacturers in Central Pennsylvania, according to a recent survey by their regional trade association.However, manufacturers face an uncertain year ahead as they absorb the potential for new tariffs promised by President-elect Donald Trump.Depending on how they are applied, tariffs could […]

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Penn State Health

Sam Wetherill has been named chief pharmacy officer at Penn State Health effective Dec. 30. It is a new position for the regional health system based in Dauphin County.Wetherill worked previously at Omnicare, a long-term care provider in King of Prussia, and at ChristianaCare, a health system based in Delaware. Wetherill is also a U.S. Army veteran […]

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$15M gift to speed growth of Lancaster-based lender

Earlier this year, leaders at Lancaster-based Finanta Credit Union put together a five-year growth plan.Thanks to a $15 million gift from a familiar benefactor, the plan is likely to move much faster.Finanta was one of 199 organizations nationwide to receive donations this year from MacKenzie Scott, the ex-wife of Amazon CEO Jeff Bezos and a growing philanthropic force.In 2020, […]

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UPMC renews major leases in capital area

Pittsburgh-based health system UPMC has forged long-term renewals for 724,096 square feet of medical office and clinical space spanning eight buildings in Central Pennsylvania.The landlord is National Healthcare Properties, a real estate investment trust.The lease renewal was facilitated by Lemoyne-based NAI CIR, which did not disclose the specific properties involved.“This transaction not only reinforces the […]

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Cultural Alliance of York County

Amy Spellman has been named development director of the Cultural Alliance of York County effective January 2025.Spellman comes to the Cultural Alliance with nearly 15 years of development and leadership experience for organizations in Lancaster, Millersville, Philadelphia and New York City. She was previously director of fundraising and community partnership at HDC MidAtlantic, a Lancaster-based […]

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UPMC

Elizabeth Ritter has been named president of UPMC Carlisle. She had been interim president of the Cumberland County hospital since September following the departure of former president Jarrod Johnson. Ritter, who has worked at UPMC since 2013, has been president of UPMC Harrisburg, UPMC Community Osteopathic and UPMC West Shore since July. She was previously COO […]

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Brown Plus

Deborah Bowman, Scott Henry Ashley Hershey have been named principals at regional accounting and advisory firm Brown Plus effective Jan. 1.Bowman has been the firm’s COO/CFO and will now be COO/principal. She has more than 35 years of experience, including 12 at Brown Plus. Based in the firm’s Camp Hill office, she supervises administrative, HR, marketing, […]

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Developer eyes townhomes on former Dentsply campus

It has been nearly a year since the former Dentsply campus in York city changed hands, fueling hopes for the property’s redevelopment.Hopes are now turning into blueprints.Developer York Realty Partners LLC has outlined plans for 62 townhomes on a portion of the 17.3-acre campus.The townhomes, dubbed the Towns at York Creek, would rise on parking lots behind former Dentsply facilities […]

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Court backs state claim to insurance fund surplus

For three years in a row, former Gov. Tom Wolf and state lawmakers tried to get their hands on surplus money held by Pennsylvania’s medical malpractice insurer of last resort.The insurer fought back, arguing that, as a private entity, its multimillion-dollar surplus should remain beyond the reach of public officials.Wolf and state legislators countered that […]

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Capital-area flex building fetches $1.9M

A partnership called Rockstone Leasing PA LLC paid $1.9 million for a flex building at 7813 Derry St. in Swatara Township, Dauphin County, according to county records.Rockstone is affiliated with a California-based trucking company, Divine Transportation, which plans to open a terminal at the Derry Street site, according to Dmitry Chernov, a business manager for Divine.The company does […]

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entrepreneurship

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Former West Shore factory sold to York firm

Saxton & Stump

Retail, office leases forged across region

York-area medical office sells for nearly $3M

Barley Snyder

Despite headwinds, deals reshape region’s corporate players in 2024

Guv moves to prevent power-price spike

Hearing raises new questions for beleaguered ATM network

Regional factory jobs stable, but uncertainty looms

Penn State Health

$15M gift to speed growth of Lancaster-based lender

UPMC renews major leases in capital area

Cultural Alliance of York County

UPMC

Brown Plus

Developer eyes townhomes on former Dentsply campus

Court backs state claim to insurance fund surplus

Capital-area flex building fetches $1.9M

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