A large industrial property in Lancaster is on the market amid indications that its owner, an Illinois-based packaging company, is pulling out. The 243,500-square-foot warehouse
A second effort to find a developer interested in buying and building on a former Lancaster County airfield has come up empty. Columbia borough issued a request for proposals last month for the 41-acre McGinness Airfield property. But no one responded formally, and borough officials canceled a meeting yesterday where they had been hoping to […]
A Lititz-based real estate partnership has added to its portfolio of retail properties in Central Pennsylvania. S&S Singh Partners, headed by cousins Paul and Randy Sohal, paid $4.1 million for a retail plaza across from Park City Center. The two-building, 12,823-square-foot center had been owned since 2015 by an affiliate of AEI Capital Corp., a Minnesota-based […]
A regional real estate investor has scooped up a York-area strip mall that has had one owner since it was built in the 1970s. Partnerships headed by investor Drew Bobincheck of Cumberland County paid nearly $12.7 million for the mall, known as North West Plaza. The seller was a widow of the plaza’s original developer, […]
One of the York area’s original retail power centers has changed hands. Tennessee-based CBL Properties, in partnership with Lancaster-based High Real Estate Group, sold the York Town Center at 2845 Concord Road in Springettsbury Township for $50.65 million, according to county deed records. The buyer is a partnership affiliated with U & Me Group LLC, based in East Norwich, New York. […]
A Chicago-area firm is expanding its holdings in Central Pennsylvania. Rosemont, Illinois-based Industrial Outdoor Ventures paid nearly $14.6 million for a portfolio of three properties leased to FleetPride truck service centers in Cumberland, Dauphin and York counties. The sites were previously owned by HRC Holding LP, a holding company headed by Rod Coupal. Coupal is the former owner of Harrisburg-based Triple […]
Palmyra-based specialty distributor DAS Companies Inc. has sold an Elizabethtown-area warehouse where it laid off workers at the end of 2024. A real estate partnership linked to Chicago-based investment firm Industrial Outdoor Ventures paid $15.1 million for the 86,000-square-foot warehouse on a 17.5-acre tract at 48 Industrial Road in West Donegal Township, Lancaster County, according to county deed records. […]
Soon after Penn State announced last year that it would close seven branch campuses across Pennsylvania, questions swirled about what was next for the properties. A question also arose about Penn State’s freedom to divest the campuses, at least to something besides another school. While the larger question of “what’s next” remains unsettled, state lawmakers answered the narrower […]
A pair of former bank buildings on Carlisle Street in downtown Hanover were sold in separate transactions expected to bring new life to both. According to county deed records, the Hanover Area Historical Society paid $550,000 for the building at 25 Carlisle St. The classical early 20th-century building was a branch for the former Bank of Hanover, which […]
Machines will soon be dispensing coffee instead of cash at a former Fulton Bank branch in eastern York County. A Dunkin’ franchisee paid $975,000 for the shuttered Fulton branch at 599 W. Market St. in Hellam Township, York County, according to county deed records. The franchisee, GN Realty Hallam LLC, plans to convert the branch into a Dunkin’ donut shop […]