For nearly six decades, McNees Wallace & Nurick has occupied a prime piece of Harrisburg real estate — a nine-story office building overlooking the Susquehanna River. But
Warehouses in Cumberland and Franklin counties are changing hands as part of a larger $575 million deal involving a string of 25 warehouses stretching from Connecticut to Florida. The buyer is Radnor-based EQT Real Estate, an active player in the regional market for warehouse space. The seller is Mapletree Investments, a Singapore-based real estate investment firm managing […]
Rock Lititz’s Nashville business has snagged an audio equipment manufacturer as the latest tenant for its Rock Nashville campus. Sennheiser, based in Germany, has tapped the Tennessee campus as the site of its Americas headquarters, which is currently in Old Lyme, Connecticut. The move, representing an investment of $2.5 million, will add at least 25 jobs to […]
With fewer employees reporting the office, Lancaster-based Fulton Financial Corp. sold its administrative services building in East Petersburg and is leasing back a little less than half of the space. The building at 1695 State St. in the Lancaster County borough spans about 100,000 square feet, according to Fulton spokesperson Steve Trapnell. It houses a range […]
A company that develops data centers is doubling down on the Harrisburg area. Last summer, Dallas-based Provident Realty Advisors agreed to pay $45.6 million for the Dauphin Highlands Golf Course, a 228-acre property west of Route 283 in Swatara Township and Steelton where Provident is expected to build data centers. In late January, the company paid $50 million […]
One of the biggest warehouses in Cumberland County has changed hands. An arm of California-based investment firm PCCP LLC paid $141.6 million for a 1.2 million-square-foot building at 3419 Ritner Road off Interstate 81 in West Pennsboro Township, according to real estate firm JLL, which represented the seller, an affiliate of Radnor-based Exeter Property Group. Exeter paid $85 million for […]
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 […]
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 […]
York-based human services agency Community Progress Council plans to pay $2 million for the current home of the York County Economic Alliance in York, where the nonprofit aims to centralize services. The nonprofit, known as CPC, currently has its main office and operates early childhood education programs at a former elementary school at 226 E. College Ave. […]
A second suitor is eyeing a bid for the assets of SpiriTrust Lutheran, a York-based nonprofit senior living provider that filed for bankruptcy in November amid rising costs and declining revenue. The potential bidder is Lutheran Social Ministries of New Jersey, which has been managing SpiriTrust’s campuses under an agreement inked in February 2024, according to court […]