After nearly half a century, Harrisburg’s tallest building is set to lose its place as a destination for state employees.The state government is set to
A former tobacco warehouse-turned-high-end apartment building in York City has sold for $3.7 million.The price for the 18-unit building, known as Courthouse Commons, works out to be about $205,000 per unit, which a real estate firm involved in the deal described as a record-setting price in York.The previous average sale price was just over $169,000 […]
Capital-area developer Drew Bobincheck believes 2025 is going to be a good year for real estate investing.And he’s hoping to convince others to join him for the ride.He and three partners have launched a real estate fund called Opes Capital that they are opening to outside investors. They want to raise $30 million and then invest in retail […]
Following a legal battle with local officials, San Francisco-based developer Prologis is taking the next step in its efforts to build a warehouse in suburban Harrisburg.The company shelled out $24.25 million for two tracts off Linglestown Road in West Hanover Township where it plans to erect the 1.1 million square-foot building, according to county deed records.One tract […]
One of the nation’s largest apartment operators has scooped up a development-ready tract in northwestern Lancaster County.An affiliate of Greystar paid nearly $8.7 million for the tract, which is poised to house an 11-building, 280-unit apartment complex, according to county deed records.The seller was 1376 Campus Road Associates LLC, an affiliate of Catalyst Commercial Development, a West Conshohocken-based developer that […]
After closing last year, a former West Shore factory for The AMES Companies has been sold.An affiliate of York-based Kinsley Properties paid $18 million for the plant at 465 Railroad Ave. in Hampden Township, according to Gerry Blinebury, a broker with real estate firm Cushman & Wakefield. Cushman & Wakefield is listing the 397,000 square-foot building for lease on behalf of Kinsley Properties, […]
A foreclosure case hanging over the former Bishop McDevitt High School in Harrisburg appears to have ended. The case in Dauphin County court pitted the building’s owner, William Penn Holding Inc., against private lenders seeking to collect on their debt.Jeremy Hunter, William Penn’s owner, confirmed an agreement was reached, but he declined to share the details.A resolution […]
Central Pennsylvania is home to big buildings that store stuff. A Virginia-based company is eyeing construction of big buildings that store data, reflecting a national race to boost data center capacity.PowerHouse Data Centers, an arm of Virginia-based American Real Estate Partners, has been discussing a potential multibillion-dollar data center development on a 700-acre tract in Middlesex […]
Warehouses in Central Pennsylvania often sport household names like Amazon and Chewy, or the logos of logistics giants like XPO, UPS and FedEx.A new player is muscling in.Toronto-based Shipfusion is leasing a 350,000 square-foot warehouse in the newly developed Core5 Logistics Center at Codorus Creek on the site of a former quarry straddling Manchester and East Manchester townships in York County.The space complements existing […]
The former Camp Hill office of Reager and Adler law firm was sold for $1.7 million to Community Options, a Princeton, New Jersey-based nonprofit that provides housing and job opportunities to people with disabilities, according to Bill Rothman, founder of Lemoyne-based RSR Realtors. Rothman represented the seller, the estate of the late attorney David Reager. Community Options has an existing office […]
Central PA’s Source for Business News Online.