A State College bank is making its first play in the capital region, where it hopes to drum up home and business loans. Centre 1st Bank has hired Bob Rader, a longtime capital-area banker, to head up a new loan office at 1017 Mumma Road in Wormleysburg. Rader, who lives in Mechanicsburg, is president of the […]
Local banks are telling a Lancaster County court that they need more time and information to assess a deal that would settle debts from the estate of the late developer Richard Welkowitz. The estate has proposed selling off its stake in ventures that own more than 5,000 ATMs for $13.8 million to a Lancaster-based private equity firm, Heller […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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.
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 […]
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 […]
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 […]
Robert Grubic is retiring as CEO of the engineering firm that has borne his name for just over four decades. As of the end of this year, the next CEO of Harrisburg-based Herbert Rowland & Grubic will be Jason Fralick, who has been its president since 2019.Grubic plans to remain chairman of the board at the employee-owned company.“HRG […]
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 […]
A state court has reversed a decision that could have added millions of dollars in costs to construction projects financed with bonds issued by municipal authorities. The ruling last week by Commonwealth Court revolved around interpretations of the state’s prevailing-wage law, which sets a minimum wage for workers on projects funded by public money.The case arose […]
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 […]
Home remodeler West Shore Home has long described itself as a technology-enabled company. The Mechanicsburg-based firm now owns a technology company. West Shore Home said yesterday it has purchased Design Center Inc., a firm based in St. Paul, Minnesota. Terms of the deal were not disclosed but it adds 23 employees to West Shore Home, which has been […]
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 […]
A staple of downtown New Cumberland is poised for a makeover. New owners have taken over a group of properties that include the former Coakley’s Restaurant and Irish Pub, which closed in 2014 after going bankrupt.Plans are still taking shape. But Kara Pierce said she and her partner, engineering executive Bill Tafuto, plan to invest […]
Burkentine Builders is gearing up to finish a mixed-use project that will bring another brewery to southern York County. The Hanover-based builder held a topping-off ceremony April 25 for the roughly $5 million project, which is bringing two buildings totaling 10,000 square feet of commercial space and 20 apartments to the borough of New Freedom.Construction […]
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 […]
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 […]
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.
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 […]
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.
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,
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. […]
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 […]
It has been just about a year since state officials opened a new avenue for taxpayers to dispute tax bills. Traffic remains relatively light, given the thousands of tax disputes that arise every year in Pennsylvania. Nonetheless, officials are encouraged by the progress they’re making. “These changes remove red tape and make Pennsylvania more business […]
Regional accounting and advisory firm Brown Plus has promoted four members of its administrative and operations staff. Crissy Dopkowski was promoted to human resources manager. She’s worked in HR for over 10 years. Dopkowski has a bachelor’s degree in worksite health promotion from East Carolina University. She is located at the Brown Plus office in Camp Hill. Jeshanah […]
Should a woman injured during an Uber ride be able to bring her case before a jury, or should she be forced into arbitration under the terms and conditions she and her husband accepted when signing up for the ride-sharing service? Advocates for a jury trial have been hoping the Pennsylvania Supreme Court would settle the matter in […]
At a press conference in Lancaster yesterday, state and local officials urged eligible Pennsylvania residents to enroll in health insurance through the Affordable Care Act before a deadline coming at the end of January. At the same time, officials acknowledged that thousands of state residents are facing higher premiums thanks to the expiration of enhanced […]
Camp Hill-based professional services firm Boyer & Ritter has promoted five staff members to supervisor roles. Nicole Harmon has a master’s degree in accounting from Southern New Hampshire University and a bachelor’s degree in marketing and advertising from York College. Harmon joined Boyer & Ritter in 2022. Nathan Moshgat has an MBA and a bachelor’s degree in […]
State officials agreed to drop a union-friendly labor requirement attached to bids on a construction project slated for the grounds of the former Harrisburg State Hospital, according to Dave Sload, president and CEO of the Keystone chapter of the Associated Builders and Contractors. The regional trade group, based in Rapho Township, Lancaster, sued the state over […]
Amanda Leland has been hired as a senior human resources payroll generalist at The Investment Real Estate Group of Companies, a York-based operator of self-storage facilities. Leland will manage multistate payroll operations and support recruiting and human resource initiatives across the company’s growing portfolio. Leland brings more than 10 years of experience in payroll and […]
Regional accounting and advisory firm Brown Plus has promoted eight audit professionals to new roles. Katie Voorhies was promoted to audit manager. She has over four years of public accounting experience providing audit services to businesses and nonprofits. She has a bachelor’s degree in accounting from Messiah University. She works with Brown Plus clients and team members […]
A tract that includes a pair of office buildings and a single-family home in Manheim Township, Lancaster County, has changed hands. C&D Enterprises Unlimited LLC sold the property at the corner of Oregon Pike and Hunsicker Road for $3.9 million, according to county deed records. The buyer was Brooklawn Enterprises LLC, a Lititz-based partnership. The office buildings […]
In some parts of Central Pennsylvania, data centers are a fast-encroaching reality. Construction is underway on centers in Lancaster, for example, and a Carlisle-area project is pushing through the local land development process. In other areas, projects remain on the drawing board, often as concepts pitched to indicate what a data center might look like if […]
PFG Capital, doing business as Storage Construction, bought a 19.587-acre site at Harmony Hall and Claremont Road in Carlisle. Storage Construction has developed and built more than four million square feet of self-storage facilities, offering a range of contract delivery methods to meet client needs. Pamela E. Fisher of NAI CIR handled the transaction. Burkentine […]
Column by Richard Randall Who thinks they know what our world will look like in three years? It wasn’t that
Camp Hill-based professional services firm Boyer & Ritter has promoted two staff members to manager. John Sterner is a member of the firm’s nonprofits and auto dealerships groups. He has a bachelor’s degree in accounting with a minor in fraud examination and economics and a master’s of accountancy from Bloomsburg University. He joined Boyer & […]
Regional accounting and advisory firm Brown Plus has promoted three tax professionals to new roles. Natalie Ciepiela was promoted to tax manager. She has four years of public accounting experience and specializes in providing tax services to businesses across a variety of industries. She has a bachelor’s degree in accounting from Grove City College with […]
A trio of Lancaster County mobile home parks changed hands over the past month in deals totaling more than $20 million. A Florida-based investor called Nebula Realty Trust sold parks in Earl and Penn townships for a combined $14.55 million, while a Conestoga-based partnership sold a Providence Township park for nearly $6.9 million, according to county deed […]
Camp Hill-based professional services firm Boyer & Ritter has promoted two staff members. MacKenna Leib has been named controller. She had been assistant controller since December 2024 and joined the firm in 2019 as part of its employee benefit plan and auto dealership groups. She has a bachelor’s degree in accounting a master’s in accountancy […]
Nicole Behn has joined Doceo as executive vice president of sales for the Pennsylvania market, supporting the York-based company’s print technology division. Behn has held senior sales leadership roles spanning print technology, IT solutions, and integrated services. At Doceo, she will lead sales strategy, adviser development and customer engagement efforts with a focus on supporting […]
As part of an effort to create and preserve affordable housing in Lancaster County, a startup nonprofit has acquired Stonecreek Court, a 60-unit apartment complex in Ephrata Township. It is the first acquisition for the nonprofit, Lancaster Housing Works, which is backed by a $10 million commitment from the Lancaster-based High Foundation. The apartment complex was […]
Appearing March 13 at a Scranton union hall, Gov. Josh Shapiro laid out plans for speeding up Pennsylvania’s shift to cleaner forms of electricity while creating jobs and capping carbon emissions from the power sector. The plans aim to bridge differences that have long divided environmentalists, labor groups, lawmakers and others with a stake in […]
Earlier this year, Gov. Josh Shapiro rolled out a plan for economic development in Pennsylvania that is expected to unfold over the next decade. Progress is likely to be measured in shorter increments of time. State lawmakers, who are being asked to fund parts of the plan, could start asking for results by next year. […]
Efforts to redevelop the former Red Lion Country Club in York County have taken a second hit. At a meeting on Feb. 27, zoning officials in York Township voted 3-2 to deny a developer’s request for a special exception to allow age-restricted housing under the property’s current zoning, which is for commercial office. “I don’t […]
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 […]
State officials have narrowed the list of projects they are considering for a new funding program designed to prep industrial sites for development. The program, announced last fall by the Shapiro administration, drew more than 100 applicants seeking a total of more than $236 million. Officials are now focusing on a short list of 32 […]
As part of his budget proposal for the state’s next fiscal year, Gov. Josh Shapiro is offering a remedy to the shortage of ready-for-business industrial spaces in Pennsylvania. It is a $500 million, bond-funded expansion of PA SITES, a program the governor rolled out last year on a pilot basis with $10 million in funding. […]
Absence makes the list grow longer. It has been more than a year since state officials dished out funding under the Redevelopment Assistance Capital Program, aka RACP, a state program that backs high-profile projects around the state. Now, for the first time under Gov. Josh Shapiro, the state is preparing to award funding once again […]
Gov. Josh Shapiro laid out a vision for jumpstarting economic development in Pennsylvania during an address yesterday at OraSure Technologies, a medical diagnostics company in Bethlehem The 52-page strategy includes a mix of new funding, a focus on key industries and a series of other steps designed to make Pennsylvania more competitive in retaining and attracting workers and […]
Educators love it because they would no longer depend on legislative approval for annual state funding. Families buffeted by inflation — and reluctant to take on debt — will appreciate its promise of college tuition as low as $1,000 per semester. But critics wonder how much it will actually cost. “It” is the blueprint for […]
Pennsylvania’s environmental agency is hoping to snag up to half a billion dollars in federal funding to start a grant program focused on cutting carbon emissions from cement kilns, steel manufacturers and other industrial operations. If funded, the program would be called Reducing Industrial Sector Emissions in Pennsylvania, or RISE PA, according to the Department […]
Lawmakers are floating legislation they argue could lead to better results for Pennsylvania residents and businesses that challenge their state tax bills. The legislation would allow taxpayers in certain situations to file appeals past a statutory deadline. And in an effort to settle disputes more quickly, the legislation would create a new, independent mediation process. […]
A new survey claims to show that three-quarters of Pennsylvania’s small-business owners support the creation of a state-backed retirement plan that would automatically enroll workers — the kind of plan that was approved earlier this year in the state House. Nearly a quarter, or 26%, “strongly support” the idea, according to the survey, conducted by The Pew Charitable […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Ben Ried and John B. Zonarich entertained merger proposals from other law firms. But none seemed as right as the union they unveiled yesterday between their respective Harrisburg firms, Mette Evans & Woodside and SkarlatosZonarich LLC. “There were other opportunities,” Zonarich said in an interview with biznewsPA. “But there were no other opportunities like this.” […]
In a case that drew national attention, Pennsylvania’s highest court backed a married couple seeking a bigger award after winning a lawsuit against an insurer they accused of engaging in fraud and negligence when it sold them a life insurance policy. In 2020, an Allegheny County jury found the insurer, Ameriprise Financial, liable for $120,570 […]
Following a flurry of comments from customers and consumer advocates, state utility regulators altered the penalties imposed on electric utility PPL Electric Utilities over billing issues that led to overcharges for some customers, among other problems. In a 3-2 vote on April 25, the Pennsylvania Public Utility Commission approved a settlement agreement requiring PPL to provide more […]
The U.S. Equal Employment Opportunity Commission is suing Sheetz, arguing that the company’s use of criminal background checks in hiring is discriminatory. The agency noted that Sheetz was not motivated by race in making hiring decisions. However, the agency claims that the convenience-store chain’s hiring practices disproportionately screened out job applicants who are Black, Native American, […]
A network of healthcare providers in western Pennsylvania is suing Aetna over what the providers allege is unfair treatment under the terms of a value-based contract. The contract took effect in 2023 and is supposed to reward the network, Bridges Health Partners, for reducing the cost of care while improving the health of people enrolled in Aetna’s Medicare […]
A Harrisburg lobbying firm has formed a business affiliation with a Philadelphia-area law firm. Under the arrangement, lobbying shop The DT Firm and law firm Lamb McErlane will refer clients to each other, said Joel Frank, chairman and managing partner of Lamb McErlane. While many law firms have created in-house lobbying divisions over the last few years, Lamb McErlane […]
On March 8, 2022, a fire ripped through a Penn Waste recycling facility in Manchester Township, York County, knocking it out of commission. Now, three Penn Waste insurers are suing local contractors involved in building the facility and installing its sprinkler system. The insurers, which include Connecticut-based XL Insurance, are seeking to recover $26 million in damages from […]
It could be another four weeks before a bankruptcy court decides the fate of the beleaguered Governor’s Square apartment complex in uptown Harrisburg. The court had been scheduled to hold a hearing April 2 on a proposed sale of the 222-unit complex But the hearing has now been moved to April 30 at the request of the […]
A state House panel has passed bills on party-line votes that would strengthen protections against workplace discrimination. One bill would lower the threshold for state anti-discrimination enforcement to businesses with as few as two employees, down from the current threshold of four. Another bill would tweak provisions covering gender-based wage discrimination. It would, for example, […]
Manheim Township is firing back against a lawsuit aiming to hold it responsible for problems with the sewer system in neighboring Lancaster city. The lawsuit, filed in January by Lancaster city in Lancaster County court, argues that Manheim officials have not done enough to control stormwater from entering the city sewer system. The system serves homes […]
For more than a year, singer Ed Kowalczyk has been touring under the banner of Live, the platinum-selling rock band he co-founded more than 30 years ago in York. But the agreement allowing him to use the Live name is under fire in a York County court. Former Live drummer Chad Gracey is suing Kowalczyk […]
The legal fight continues over high-voltage power lines that would run through southern York and Franklin counties. The chief issue is whether state utility regulators overstepped constitutional bounds when they blocked the interstate project in May 2021. Proposed in 2017 by Ohio-based Transource, the $372 million Independence Energy Connection would ease congestion for power flowing from Pennsylvania to Maryland by […]
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 […]
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 […]
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 […]
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 […]
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. […]
State regulators have tweaked regulations that modify the professional licensing process for people with criminal backgrounds, following stiff pushback from
The High family is presenting a second major gift to their family foundation. The family’s ownership of Lancaster County-based High Real Estate Group is being transferred to High Foundation, the foundation announced on Dec. 20. The year-end gift follows the donation last year of High Industries, which was valued at nearly $115.2 million. The value of the real estate company was not disclosed but […]
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 […]
Home inspectors gather reams of information as they poke around houses that are about to change hands. In some cases, the information prompts buyers to back out of a deal or demand concessions, such as a new roof or a lower price. But in many cases, the information is simply dumped into a binder or […]
High Real Estate Group LLC is taking the first step toward building a mixed-use development next to the suburban headquarters of Armstrong World Industries in Manor Township, Lancaster County. High has struck an agreement with Armstrong World to buy 476 acres south and west of the manufacturer’s campus, which sits off Columbia Avenue west of Lancaster city. Terms of […]
The bankrupt owners of an uptown Harrisburg apartment complex want to hire a firm that specializes in real estate liquidation to sell the property in an auction. In a motion filed in bankruptcy court, apartment owners Uptown Partners LP are seeking court approval to hire Hilco Real Estate LLC to oversee a sale of the complex, known as Governor’s Square. […]
A subsidiary of the Cumberland Area Economic Development Corp. is exploring an acquisition of a recently shuttered Carlisle factory. The subsidiary, called the Real Estate Collaborative LLC, has signed a letter of intent to buy the plant formerly operated by The Frog, Switch & Manufacturing Co. at 600 E. High St. in the Cumberland County borough. But first, […]
Rising interest rates. A push back to the office. The boom in ecommerce and warehousing. Plenty of factors are influencing the real estate market nationally. But what is the market like locally? John Birkeland of Rock Commercial Real Estate, Jason Phillips of Coldwell Banker Realty and Shanna Terroso, CEO of the Realtors Association of York […]
At a meeting June 6, York city council approved plans for a 140-unit apartment building in part of an area known as the Northwest Triangle, a zone that has long been targeted for redevelopment. The plans were pitched by Statewide Partners LLC, a regional developer with offices in Harrisburg and York. “We think that this project is the […]
Philadelphia-area developers have purchased the former Rite Aid headquarters in Cumberland County and plan to redevelop the site. Affiliates of Jenkintown-based Goodman Properties and Malvern-based E. Kahn Development paid $4.735 million for the roughly 205,000 square-foot complex, according to county deed records. The developers are still working out their plans for the site, which is at 30 Hunter Lane in East […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
A mixed-use development is taking shape along Route 15 in Upper Allen Township, Cumberland County. Camp Hill developer Linlo Properties began site
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 […]