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
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 […]
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.According to […]
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 800 E. High St. in the Cumberland County borough. But first, the […]
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 and Adams […]
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 first […]
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 Pennsboro […]
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. into apartments.“It’s […]
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 building […]
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