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Banking & Finance

Lancaster wealth advisory merges with Maryland firm

Tim Decker initially turned to Greenspring Advisors as part of the succession planning for staff and clients of his Lancaster-based wealth management firm, ISI Financial Group. Greenspring, a larger firm based in Towson, Maryland, would take over if something happened to him, Decker said.But he decided not to wait, in part due to the challenges of hiring in today’s […]

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Facing insolvency, Welkowitz estate floats deal to settle debts

The estate of late Lancaster County developer Richard Welkowitz is hoping to make a deal to settle its debts, according to a filing in Lancaster County court. The proposed deal would funnel money to the estate’s secured and unsecured creditors and it would allow the estate to avoid a potential tax hit, according to the […]

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Former PeoplesBank exec tapped to lead Lancaster credit union

Everence Federal Credit Union, a Lancaster-based credit union, has named Kristen Heisey as its new president and CEO effective June 27. Heisey worked most recently as a senior vice president overseeing marketing, communications, data analytics, client experience and product innovation at York-based PeoplesBank, which she joined in 2018. She worked before that in leadership roles […]

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Harrisburg-area firm agrees to sale

Ritter Insurance Marketing, a Harrisburg-area firm that provides products and services to independent insurance agencies, has been sold. Dallas-based Integrity Marketing Group said May 18 it has agreed to buy Ritter, which employs about 280 people in Susquehanna Township and at satellite offices around the U.S.Terms of the deal were not disclosed. But Craig Ritter, an owner […]

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Industry vet to guide bank’s capital-area expansion

Mansfield-based First Citizens Community Bank has hired a veteran business lender to lead its expansion into the capital region. Dragan Dodik, who has worked for several other banks in the Harrisburg area, has joined First Citizens as a senior lender and market leader.He recently played a similar role for Mifflintown-based Pennian Bank, which went on […]

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CPA giant snaps up Harrisburg’s Andculture

Harrisburg-based Andculture is poised to become part of Chicago-based accounting and advisory firm RSM US LLP. RSM said Thursday it has reached an agreement to buy Andculture, which specializes in marketing strategy, design and technology, Terms of the deal were not disclosed. But it is expected to close June 1, according to a press release. RSM was […]

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Local banking leader named to top job at PA chamber

Pennsylvania’s statewide business chamber has tapped a local banking executive as its next leader. Luke Bernstein, an executive at Shippensburg-based Orrstown Financial Services, is poised to become the next president and CEO of the Pennsylvania Chamber of Business and Industry. As of June 15, he will be taking over for Gene Barr, who announced his retirement last fall after […]

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Fledgling venture fund makes first investments

After raising roughly $10 million, a startup venture fund in York has disclosed an inaugural round of investments. Martin Fedorko, left, and Alexa Born founded White Rose Ventures in 2020 (photo/submitted). White Rose Ventures has plowed $1.73 million into companies in Lancaster, Harrisburg and YorkThe firm also unveiled a nonprofit, Braided River Collective, designed to support entrepreneurs around […]

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Investor wants new board members for PeoplesBank parent

The war of words over a regional bank is morphing into a war over board seats. An activist investor is nominating three members to the board of Codorus Valley Bancorp, a trio of executives the investor believes would better represent the interests of shareholders.The investor, Abbott Cooper of New York hedge fund Driver Management, has been pushing since last summer […]

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Lancaster bank plans mobile branches in upper Dauphin

Bank of Bird-in-Hand is seeking permission from state regulators to bring one of its mobile branches – dubbed Gelt buses – into upper Dauphin County. The buses are designed to serve the Amish and other members of the Plain community.

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A look back at M&A in Central PA

The past year has been a busy one for mergers and acquisitions in Central Pennsylvania. Take a closer look at the action in this month-by-month recap for 2021. Unless otherwise indicated, the deal terms were not disclosed. January: U-GRO Learning Centres, a Derry Township-based preschool chain, was purchased by Michigan-based Learning Care Group, one of […]

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Venture firm takes root in York

Martin Fedorko did not cross the finish line the first time he tried to create a venture fund in York County. But he came away with valuable lessons he is applying to his latest effort: White Rose Ventures Most importantly, he learned that York County’s would-be investors are indeed interested in backing local companies. They […]

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West Shore firm partners with Wells Fargo to distribute new credit-application tech

For nearly two decades, Cumberland County tech company Versatile Credit has been making it easier for businesses to offer in-store credit. Its latest device, called Snap Sign, makes it as easy as pointing a mobile phone at a plastic sign. The signs are a secure, contactless alternative to in-store kiosks, tablets or paper applications that […]

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Regional projects land $50M-plus in state funds

State officials on Friday unveiled more than $50 million in grants earmarked for projects around Central Pennsylvania, including a life sciences incubator in Lancaster, a hotel renovation on the West Shore and a park along the Codorus Creek in York. Other beneficiaries include Rock Lititz and the partnership developing a mixed-use apartment building near the […]

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York taps new developer for vacant industrial tract

A new developer is getting a crack at bringing life to a former industrial tract in York. At a meeting last week, the Redevelopment Authority of the City of York awarded a six-month option on a 4.4-acre site in the Northwest Triangle to Statewide Partners, a regional firm with offices in Harrisburg and York. Preliminary sketches from Statewide show […]

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Another massive warehouse complex eyed for I-83 corridor

The warehouse project is still a long way from approval. But concepts floated by Missouri-based NorthPoint Development show roughly 1.5 million to 2 million square feet of warehouse space in multiple buildings, according to Tim James, manager of Manchester Township, where the project is being considered.

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New venture aims to streamline project subcontracting

Shortages of labor and materials are giving companies headaches. Michael Bistline is hoping to bring some targeted relief through a new venture launched this month by his Harrisburg-area business, Phillips Workplace Interiors. The venture is called Condivx and it aims to serve as a one-stop shop for general contractors looking for subcontractors at a time […]

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Vehicle-parts manufacturer moving operations to York area

Mobile Climate Control, which already has a distribution Center in York County, is consolidating all of its U.S. operations at a new facility in West Manchester Township.

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Lawsuit challenges revised PA building standards

The Pennsylvania Builders Association doesn’t oppose standards that ensure buildings are accessible to people with disabilities. It opposes the most-recent revision process, which could raise construction costs for multifamily buildings going forward,

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Lancaster County business owner turns to employees for succession plan

In fall 2018, Dan Laird was crouching in a duck blind on Maryland’s Eastern Shore when a banker friend asked him about his plans for Commonwealth Fire Protection Co. Laird had taken over the Lancaster County company in 2017 after the death of his business partner and longtime friend, Paul Hoffnagle, in a chain-saw accident. […]

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At contractors group, canceled meetings and anxious members

When the first cases of coronavirus in Pennsylvania were announced March 6, schools and businesses were open. A holiday photo of the Keystone Contractors Association staff, from left: Seth Kohr, safety director; Jon O’Brien, executive director; Melody O’Brien, office manager. PHOTO/SUBMITTED But as the virus spread over the next week, the Keystone Contractors Association decided […]

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entrepreneurship

Food

Central Pennsylvania Food Bank

The Central Pennsylvania Food Bank. The nonprofit has added two executives to its C-suite. Ted Simes joined the regional food bank in July as COO. The Lancaster County native worked most recently as a branch manager for logistics and engineering company CTDI. He also was previously director of operations and food safety at Reading-based food ingredient distributor Lentz […]

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Attorney general pushing forward with power-line fight

Pennsylvania’s top lawyer plans to press ahead in a lawsuit over controversial power lines proposed for York and Franklin counties even after a federal court ruled in favor of the company behind the project. The decision by Attorney General Dave Sunday opens a new chapter in the four-year-old legal battle over the power lines, proposed […]

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The YGS Group

Hal Carney has been named chief revenue officer for The YGS Group, a York-based content and communications company. The role oversees revenue growth, margin improvement and other initiatives. Carney worked most recently as executive vice president of the York-Adams region for Orrstown Bank and PeoplesBank, which was acquired by Orrstown last year. Before that, he was a regional […]

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York-based chain opens first VA store

Convenience-store operator Rutter’s has opened its first outpost in Virginia. The York-based company opened a 14,000-square-foot store yesterday in Winchester, a town along Interstate 81 in Virginia’s northernmost corner. It is the 91st location for Rutter’s, which also has stores in Pennsylvania, Maryland and West Virginia. The store features the chain’s new sports bar concept, […]

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Developer plans pocket park in downtown Harrisburg

Nonprofit developer Harristown Development broke ground yesterday on an outdoor event venue, dubbed Coronet Park, at 21 S. Second St. Harristown acquired the property in 2017 when it was the site of a blighted commercial building with a long-vacant eatery known as the Coronet Restaurant. Harristown demolished the building and planned to erect a six-story office. But […]

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Mount Joy packaging maker sold

After more than 40 years in business, the sibling co-founders of a Mount Joy packaging company decided to hand over the reins. Founded in 1983, Phoenix/Packaging has been acquired by Elkhart, Indiana-based Welch Packaging Group Inc. Welch was not the only buyer interested in Phoenix, according to John Davidson, a co-founder and vice president of marketing for Phoenix, […]

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Camp Hill restaurant proposal, other West Shore projects join hunt for state funds

One of Camp Hill’s most foreboding properties could be the key to a more prosperous future for the West Shore borough’s main commercial thoroughfare. Financial adviser Tony Conte and attorney Brian Hinkle are hoping to convert the former Masonic Temple at 2211 Market St. into a full-service restaurant with liquor license. The project aims to […]

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Lanco firms seek state funds for HQ upgrades, other projects

Some of Lancaster’s highest-profile companies are hoping to persuade state officials that their plans to upgrade corporate headquarters deserve a dose of public funding. Manufacturer Armstrong World Industries, event technology company Clair Global and flooring maker Ecore International are among applicants statewide angling for funds from the Redevelopment Assistance Capital Program, or RACP, a grant program that backs projects statewide. […]

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Investment Real Estate Group of Companies

Sven Ericson has been named district manager for Investment Real Estate Group of Companies, a York-based owner and operator of self-storage facilities. Ericson worked most recently in leadership roles at Self Storage Plus, where he oversaw operational and financial initiatives, and at CubeSmart Self Storage, where he managed multistate portfolios and supported growth through innovation […]

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Partner, investors exit controversial hydro project

A partner and two minority investors have left the partnership spearheading a controversial hydroelectric project in York County, according to documents filed this week with federal regulators. The departures reflect personal decisions rather than any differences of opinion, according to the partnership’s remaining owner, Bill McMahon. Still, McMahon acknowledged that his former partner, Jan Sockel, […]

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Mid Penn Bank

Christina Dinger has been named senior vice president and director of enterprise-wide project management for Mid Penn Bank, the chief operating subsidiary of Harrisburg-based Mid Penn Bancorp. Dinger worked most recently as senior vice president, senior manager II of transformation delivery at M&T Bank, where she directed large-scale programs that advanced growth and operational efficiencies. […]

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Double-digit spike ahead for health plan costs

After warning for months that the cost of Obamacare health plans would be higher next year, Pennsylvania regulators delivered the final numbers this week. The spike for small businesses is not quite as high as the initial forecast, according to the Pennsylvania Insurance Department, which approves the premiums. But the jump is higher than projected […]

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Regional home improvement biz sold

Renewal by Andersen of Central PA, an independently owned retail affiliate of Minnesota-based door and window manufacturer Andersen Corp., has been acquired by another Andersen affiliate, St. Louis-based The Birner Group. Terms of the transaction were not disclosed. The Central PA Andersen affiliate was owned by Joe Zisman, who is retiring after five decades in the industry, […]

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Doceo

Juleen Bixler has been named vice president of operations at Doceo, a York-based business equipment and technology company. A graduate of Central Penn College, Bixler has more than 15 years of experience in the office technology and services sector. “Juleen’s experience and integrity speak for themselves,” John Lewis, Doceo’s CEO and president, said in a […]

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Lancaster developer raising capital, mulling IPO

A Lancaster-based developer has tapped an investment banking firm in a bid to drum up capital and expand its portfolio of projects. Developer Elevare Corp., formerly known as OZFund Inc., hopes to raise $50 million from investors and eventually become a public company, according to its founder and CEO, Jeremy Feakins. The company’s investment banker is San […]

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Saxton & Stump

Tonya Sulia Goodman has joined Saxton & Stump as a senior counsel in the Lancaster-based law firm’s Pittsburgh office. Goodman worked most recently as deputy criminal chief in the U.S. Attorney’s Office in the Western District of Pennsylvania, where she supervised 34 attorneys and four paralegals and oversaw prosecutions involving white-collar and violent crime, child […]

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Chief of WITF, LNP parent resigns

Ron Hetrick stepped down effective yesterday as president and CEO of Pennon, the Harrisburg-area nonprofit created to oversee regional public media outlet WITF and Lancaster County news publisher LNP Media Group. Pennon board chair Leigh Horner is filling the leadership role while the nonprofit searches for an interim president and CEO. “For a quarter century, Ron Hetrick has been […]

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York county firm strikes deal for Ohio paper plant

Spring Grove-based papermaker Pixelle Specialty Solutions LLC has found a buyer for an Ohio plant it closed over the summer. Pixelle has agreed to sell the plant in Chillicothe, Ohio, to U.S. Medical Glove Co., an Illinois-based company that makes medical gloves. In a news release, Pixelle said it expects $5.5 million in net proceeds from the sale […]

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Court sides with solar firm in zoning battle

Gratz borough in Dauphin County failed to properly advertise a meeting where it set stricter zoning standards for solar energy systems even as a company was seeking permission to build a 17-megawatt project there. That was the ruling last week from a three-judge panel of Pennsylvania’s Commonwealth Court, which upheld a 2022 decision by Dauphin […]

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Shapiro order aims to boost small-biz contracting

Under an executive order signed yesterday by Gov. Josh Shapiro, the state plans to marshal government and private-sector resources to help small, diverse businesses win a bigger share of state spending. The order builds on efforts by Shapiro’s predecessor, former Gov. Tom Wolf, to diversify the ranks of state contractors. The efforts have made progress but […]

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Shapiro licensing plan includes money-back guarantee

Tired of waiting for that professional license? If it takes too long, Gov. Josh Shapiro wants to give you your money back, a pledge outlined in an executive order he signed on Jan. 31. First, state agencies have to figure out what is “too long.” The order directs state agencies to catalog all the licenses, certificates and […]

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Court ruling could prompt millions in corporate tax refunds

Thanks to a recent court ruling, the commonwealth of Pennsylvania could be on the hook for more than $100 million in tax refunds to businesses. The ruling came in a case that arose over provisions outlining how companies can use past losses to lower their tax bills. Some corporate taxpayers have claimed, successfully, that provisions […]

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Report: PA lags on innovation, entrepreneurship

Pennsylvania has many of the ingredients for an economy powered by innovation and entrepreneurship, according to a report released today by Brookings Institution, a prominent think tank in Washington, D.C. However, the state has struggled to bake them into a dynamic, high-growth economy, putting large swaths of Pennsylvania at risk of stagnation, said the report, which offers […]

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Podcast: A midterm forecast

Pennsylvania is home to two of the most closely watched elections in the U.S. One, for a U.S. Senate seat, pits Lieutenant Gov. John Fetterman, a Democrat, against Dr. Mehmet Oz, a Republican. They are running to replace Sen. Pat Toomey, a Republican who is retiring. The other is the race for governor, which features […]

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New state park designated along Susquehanna

Amid a broader push to boost the outdoors economy in Pennsylvania, a new state park is coming to the banks of the Susquehanna River in York County. The tentatively titled Susquehanna Riverlands State Park is one of three new parks unveiled yesterday by Gov. Tom Wolf and Department of Conservation and Natural Resources Secretary Cindy […]

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Online retailers win sales-tax fight

A state court has sided with online retailers who say they are being unfairly targeted by Pennsylvania tax collectors. In a ruling Friday, Commonwealth Court blocked efforts by the Pennsylvania Department of Revenue to collect state sales and personal income taxes from the retailers, which sell their products through Amazon.At issue are back taxes the state […]

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Borough lands state funding for proposed innovation park

State officials are giving an $8.4 million boost to plans for an innovation park in Columbia. The Lancaster County borough is collecting a grant of nearly $3.4 million and a loan of just over $5 million to help cover the costs of developing the McGinness Innovation Park on the site of a former airport in the […]

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Program aims to shower capital on small biz in PA

Pennsylvania’s small businesses are in line for a capital infusion of nearly $268 million under a program announced July 18 by the Wolf Administration The money is coming from the federal government via the American Rescue Plan ActBut it will be distributed by the state, specifically the state Department of Community and Economic Development.Other hands […]

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Budget delivers big win, some misses for business

State lawmakers last week delivered a tax cut long sought by Pennsylvania’s business community. But in adopting a $45.2 billion budget on July 8 for the current fiscal year, they left out other sought-after provisions. The headline news is the immediate cut and subsequent phase-down of the state’s corporate net income tax, which had been […]

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Local banking leader named to top job at PA chamber

Pennsylvania’s statewide business chamber has tapped a local banking executive as its next leader. Luke Bernstein, an executive at Shippensburg-based Orrstown Financial

Regional projects land $50M-plus in state funds

State officials on Friday unveiled more than $50 million in grants earmarked for projects around Central Pennsylvania, including a life

Deal closes on Reagan building

A buyer has finalized the $10.01 million purchase of the Ronald Reagan Federal Building in downtown Harrisburg. However, the buyer’s identity remains a mystery.A deed filed with Dauphin County lists the buyer as R.R.F. Building LLC,which has a tax billing address at a law firm in South Carolina. Efforts to reach the law firm, De Bruin Law, were not […]

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As tax credits grow, so does the waitlist

A growing number of companies cannot take advantage of one of Pennsylvania’s most popular tax-credit programs.

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Legal

Court OKs lawsuit over solar hookups

A state court has handed a preliminary legal victory to a business owner in a fight over the cost of connecting solar projects to the electric distribution system. The Pennsylvania Public Utility Commission had objected to the business owner’s lawsuit on procedural grounds. But in a ruling last week, Commonwealth Court overruled the objections, allowing the […]

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Court extends time for bankruptcy sale of Harrisburg apartments

A court hearing on the bankruptcy sale of Governor’s Square apartment complex in uptown Harrisburg had been scheduled for Feb. 29. However, it has been moved to April 2 per an order from Chief Bankruptcy Judge Henry Van Eck of the U.S. Bankruptcy Court for the Middle District of Pennsylvania. Why is this happening: The […]

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AG: “Sham” internet provider targeted rural York

A locally based company allegedly broke state law by reselling internet service in what the state attorney general described in a lawsuit as a “sham business.” The company, Davis Communications Internet Inc., subscribed to business internet plans, then advertised itself as an internet provider in its own right, specifically targeting consumers in rural York County, where […]

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High court rules in dispute over PA wage law

Pennsylvania’s top court has backed a lower court’s decision in a closely watched case involving application of the state’s prevailing wage law. The case hinged on conflicting views of the law, which sets a minimum wage for workers on publicly funded projects. What’s the issue: Whether prevailing wages should be paid on a private-sector project […]

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Feds object to bankruptcy sale of Harrisburg apartments

Federal housing officials are objecting to the proposed sale of Governor’s Square, a beleaguered Harrisburg apartment complex whose owner declared bankruptcy last year In a court filing this week, the U.S. Department of Housing and Urban Development argues there are not enough guarantees that the potential deal will preserve the complex’s status as affordable housing. […]

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Rules on licensing for ex-convicts near finish line

State regulators have tweaked regulations that modify the professional licensing process for people with criminal backgrounds, following stiff pushback from critics of the original proposal. The rules implement a 2020 state law making it easier for people with criminal convictions to become accountants, barbers, nurses and real estate agents, among the many other professions that require a […]

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Lebanon judge backs vote against solar project

A Lebanon County judge has sided with a North Annville Township decision shooting down developers hoping to plant a roughly 858-acre solar farm in the rural municipality west of Lebanon city. The ruling, handed down last week, upholds a 2022 vote by North Annville supervisors to deny a conditional use permit to Lebanon Solar I LLC, […]

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Lancaster takes aim at township over stormwater

In a lawsuit filed this month, Lancaster city is accusing a neighboring township of not doing enough to prevent stormwater from flowing into the city’s sewer system, a problem that has been brewing for years. Among other alleged failures, officials in Manheim Township have not required developers to install adequate stormwater controls or paid for […]

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Harrisburg’s Nauman Smith absorbed by larger law firm

One of Harrisburg’s oldest law firms is winding down. Five attorneys and a team of administrative professionals from 152-year-old Nauman Smith Shissler & Hall are joining the capital city office of Philadelphia-based Cohen Seglias Pallas Greenhall & Furman, effective Feb. 1. The move caps conversations that started in early 2023 between the two firms, said Steven Williams, the […]

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State court backs developer in warehouse spat

A state appeals court has sided with a local developer aiming to build a warehouse complex in Swatara Township, Dauphin County. The decision is the latest in a long-running battle over whether warehouses should be allowed on tracts along Route 322 east of Harrisburg, near Penhar Drive. State court shot down a previous developer’s efforts in […]

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Court voids price guide for workers’ comp drugs

A state court has shelved the Red Book, a compendium of wholesale drug prices that state officials routinely use to settle disputes over drug costs in Pennsylvania’s worker’s comp program. In a ruling this week, Commonwealth Court disqualified use of the book after an insurer challenged it, claiming the book’s listed prices were not accurate. […]

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UPMC sued for allegedly misclassifying workers

UPMC is facing a class-action lawsuit filed by a respiratory therapist who claims she was misclassified as an independent contractor when she worked at the health system’s Harrisburg hospital in 2022. The suit, filed last week in an Allegheny County court, claims the therapist should have been classified as an employee and paid overtime when she […]

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New CEO, new partners for area law firms

Local law firms are starting the new year with new attorneys in their top ranks. And one even has a new CEO. That would be Lancaster-based Barley Snyder, which elected Jennifer Craighead Carey as managing partner and CEO for a two-year term starting in 2024. She succeeds Jeff Lobach, who had led the firm for a […]

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Inch appeals decision that nixed industrial development

An affiliate of real estate developer Inch & Co. is challenging a decision that reversed the zoning on a parcel of land it owns near Route 30 and Pennsylvania Avenue in Manchester Township, York County. Township officials rezoned the property in 2021 for industrial development. But after fierce public outcry and a challenge from the owner […]

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Court voids PA carbon-emission rules

A state court has tossed aside regulations that would have enrolled Pennsylvania in a multistate carbon-cutting program, regulations that were a climate-change priority for the former administration of Gov. Tom Wolf. At issue was whether the heart of the program — a market in which companies must buy credits to emit carbon — represented a fee […]

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Court sides with solar firm in zoning battle

Gratz borough in Dauphin County failed to properly advertise a meeting where it set stricter zoning standards for solar energy

Developer loses appeal over denial of mixed-use project

A Lancaster County developer has lost its bid to overturn a zoning decision blocking a mixed-use development in Manheim Township. In a ruling this week, a county judge upheld the township’s denial of plans for Oregon Village, a proposed development that would bring housing, offices, shops and a hotel to a nearly 76-acre tract that […]

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Defamation claim raised in suit over fraud loss

Mid Penn Bank is firing back at claims it did not adequately protect a nonprofit from fraud. In a legal filing this month, the Harrisburg-based bank alleges that the Center for Independent Living of Central Pennsylvania harmed the bank’s reputation in a press release issued in February announcing a lawsuit against the bank. In the press release, the center claimed […]

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Marketing

Real Estate

Harrisburg federal building sold again

The Harrisburg federal building has changed hands after all. Global Ocean Investments, which bought the 11-story building about a year ago for $10.01 million, has sold it for $13.13 million, according to Dauphin County deed records. The buyer is 1422 Route 179 Florida Realty LLC., whose leader affirmed plans to convert the office tower at 228 Walnut St. […]

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Drayer HQ sold to home-care provider

A Lancaster-area home-care company has purchased the corporate headquarters of Drayer Physical Therapy Institute in Swatara Township, Dauphin County. Druk Homecare Services, a home-care provider based in East Hempfield Township, paid $1.7 million for the 20,812 square-foot office building at 8205 Presidents Drive, according to county deed records. Druk plans to relocate to the second floor of the […]

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York-area golf course sold

Inch & Co., a York-based construction and real estate company, has purchased Regents’ Glen Country Club in Spring Garden Township, York County. According to county deed records, Inch affiliate RG Golf Course LLC paid nearly $2.3 million for the property, which includes the course, the clubhouse and an event venue called Box Hill Mansion. The seller was The Greens at Regents […]

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Hanover plaza near proposed Wawa sells for $2.2M

Local shopping centers are continuing to attract interest from area buyers. The latest example is Penn Plaza, an 82,500 square-foot shopping center at 1019 Baltimore St. in Penn Township, York County, outside Hanover. The Trone Family Trust, based in Hanover, paid $2.2 million for the plaza, which counts an Ollie’s Bargain Outlet store and a Ninja Logic gym among […]

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Hanover-area plaza goes for $28.75M

A Hanover-area mall is under new ownership. Plymouth Meeting-based real estate company Pennmark Management paid $28.75 million for Gateway Hanover, a 192,774 square-foot shopping center just north of the York County borough. It was developed starting in 2010.The seller was Hanover-based Conewago North Ridge Partners LP, according to Brad Rohrbaugh, retail director for York-based real estate firm Bennett Williams […]

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Text marketing firm moves to Lancaster

Last fall, Lancaster-based private equity firm PennSpring Capital bought a majority stake in Mobiniti, a text marketing firm based in Wilkes-Barre. This week, a PennSpring entity paid $1.55 million for a building in Lancaster where it plans to relocate the operations of Mobiniti, which employs about 20 people.The move brings Mobiniti closer to PennSpring, which offers support to […]

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Youth-focused nonprofit buys Front Street office

A Harrisburg-based, youth-focused nonprofit has purchased the longtime home of the Pennsylvania NewsMedia Association at 3899 N. Front St. Youth Advocate Programs Inc. paid $2.235 million for the 18,000 square-foot building in Susquehanna Township, according to Dauphin County deed records.The nonprofit — which provides community-based services to at-risk youth — plans to move around 80 staff members there […]

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Camp Hill firm forges ahead with $29M project

A mixed-use development is taking shape along Route 15 in Upper Allen Township, Cumberland County. Camp Hill developer Linlo Properties began site work in May for the project, dubbed The Mills at Shepherdstown Crossing.Once completed, it will bring 54 apartments, retail space, a Burger King and a Chick-fil-A to the intersection of Gettysburg Pike and South Market Street, which offers access to […]

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Harsco Headquarters sold to local developer

As it gears up for a move to Philadelphia, Harsco has unloaded its longtime Wormleysburg headquarters this year for $4.3 million. However, the roughly 42,000 square-foot building will remain a corporate headquarters.A partnership that includes Lemoyne-based Rhodes Development Group bought the building and plans to move there, along with two of its operating divisions, according to Larry Kluger, president and […]

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York-area office building sold for nearly $6M

Seeking a more modern office environment for its York-area staff, a Lancaster-based residential real estate firm is moving down the street. Berkshire Hathaway HomeServices Homesale Realty bought an office building at 2600 Eastern Blvd. in Springettsbury Township and plans to move its staff there in mid to late September, according to Rod Messick, the firm’s CEO.Homesale Realty plans […]

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Regional construction firm changes hands

When Seth Hughes first stepped onto a construction site as a teenager, he didn’t think about owning a construction company someday. But as his career advanced, it started to emerge as a goal, Hughes said.The goal is now a reality. Hughes has purchased Mechanicsburg-based Mowery Construction from its previous owner, David Cross. The pair began laying the groundwork […]

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Borough lands state funding for proposed innovation park

State officials are giving an $8.4 million boost to plans for an innovation park in Columbia. The Lancaster County borough

Former Harrisburg hospital for sale, eyed for apartments

A piece of Harrisburg history is on the market — and potentially headed for a makeover. Penn Center Harrisburg, the former Polyclinic Hospital campus, is being listed at an asking price of $22 million — and with a sketch plan showing the office property as an apartment complex. “I think that the office need in Harrisburg is low,” […]

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Regional real estate firms merge

One of the region’s largest residential real estate firms just got larger. As of July 12, Lancaster-based Berkshire Hathaway HomeServices Homesale Realty has absorbed Brownstone Real Estate, adding two offices and 38 agents in Lebanon and Hershey.Terms of the merger were not disclosed.“After 51 years in business, it was important for us to join a […]

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West Shore construction firm on the move

RLS Construction Group LLC is investing nearly $1.5 million to buy and remodel the former Hampden Township municipal building at 230 S. Sporting Hill Road. The new location in Cumberland County will allow the company to consolidate operations that are currently at two locations, said Bob Schopfer, owner, president and CEO of RLS Construction.The company […]

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Former N.B. Liebman store sold

A prime Carlisle Pike property has changed hands. A New York-based partnership paid nearly $5.5 million in June for the former home of N.B. Liebman Furniture at 4705 Carlisle Pike in Hampden Township, according to Cumberland County deed records.The site — which was owned by members of the Liebman family — was once eyed as […]

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Penn State in deal to sell on-campus hotels

Penn State trustees voted this week to move ahead with a deal to sell two on-campus hotels to a third-party operator, Ardmore-based Scholar Hotel Group. Under the proposed agreement, Penn State would keep the land and lease it, while Scholar would buy The Nittany Lion Inn and Penn Stater Hotel and Conference Center in State […]

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Developer lifts curtain on plans for federal building

A developer is filling in some of the details on its plans to transform the Ronald Reagan Federal Building in Harrisburg into “The Federal” — a 200-unit luxury apartment building crowned with a rooftop bar and a pair of restaurants. Developer Global Ocean Investments had already unveiled a goal of remaking the 250,000 square-foot building […]

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