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Category: Real Estate

Government

Lawmakers topple barrier to Penn State campus sales

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 […]

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Real Estate

Hanover bank buildings sold

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 […]

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Real Estate

Dunkin’ franchisee buys former bank office

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 […]

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Real Estate

Developer buys scrapyard at center of environmental dispute

A York-area scrapyard at the center of an environmental dispute is under new ownership. An affiliate of York-based developer Inch & Co. has acquired the property of J&K Salvage, a metal recycling operation shut down by a state order in March following a fire. The affiliate, Codorus Creek Renewal LLC, paid $2.7 million for J&K parcels at 1099 and […]

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Agriculture

Seed distributor pays $10M for Lanco industrial property

King’s AgriSeeds, a seed distributor based in East Lampeter Township, Lancaster County, is moving to new quarters after a real estate affiliate of the company paid $10 million for a nearly 100,000-square-foot warehouse in Upper Leacock Township. Scott Bradbury, senior vice president of Lancaster-based brokerage U.S. Commercial Realty, facilitated the sale. The warehouse is at 43 Graybill […]

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Legal

West Shore broker sues to end state’s real estate office requirement

Should licensed real estate agents in Pennsylvania be required to keep a physical office? A lawsuit from Kevin Gaughen, a real estate agent based in Lemoyne, argues that they should not. Backed by a Virginia-based public interest law firm called the Institute for Justice, Gaughen filed a lawsuit this week in Commonwealth Court in hopes of […]

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Real Estate

Harrisburg-area golf course could change hands ahead of schedule

The Dauphin County General Authority has tweaked the agreement governing the pending $45.6 million sale of the Dauphin Highlands Golf Course to Dallas-based data center developer Provident Realty Advisors. In a vote yesterday, the authority — which owns the 228-acre course in Swatara Township and Steelton — amended the agreement to allow the sale to close earlier than the original date […]

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Real Estate

Appearing closed, Wolf company warehouse on the market

A warehouse used by a prominent York-based building products supplier is on the market. Formerly emblazoned with the name of Wolf Distributing Co., the nearly 340,000-square-foot building at 3400 W. Market St. in West Manchester Township is listed for sale or lease by real estate firm CBRE.  No prices or rates are listed. But a brochure indicates the potential […]

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Real Estate

Sheriff’s sale looms for suburban Harrisburg hotel

A Harrisburg-area hotel is heading for a sheriff’s sale in June after allegedly defaulting on its debt. The owners of Holiday Inn Harrisburg East in Swatara Township, Dauphin County, a New Jersey-based partnership called Shri Sai Middletown LLC, owe nearly $11.3 million, according to a foreclosure notice filed last fall by its lender, Oregon-based Standard Insurance Co., […]

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