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Commercial Observer The 812,425-square-foot warehouse at 360 Independence Ave. in Mechanicsburg, Pa., near the state's capital of Harrisburg, has changed hands for $78.5 million, or nearly $97/sf. The property was acquired by a venture of Lightstone Group of Lakewood, N.J., ...
StateCollege.com Pierce Education Properties has paid $74.3 million for a pair of neighboring apartment properties with 408 units in State College, Pa. The San Diego investor bought the properties, The Bryn, at 201 Vairo Blvd. and Tremont Student Living, at ...
Commercial Real Estate Direct Staff Report Heidenberg Properties Group has sold Hershey Square, a grocery-anchored shopping center with 229,724 square feet in Derry Township, Pa., near the state capital, for $43.5 million, or just more than $189/sf. The Closter, N.J., ...
Philadelphia Business Journal Broadstone Net Lease Inc. is offering for sale two office buildings with a combined 404,184 square feet in Harrisburg, Pa., and Harleysville, Pa. The Rochester, N.Y., REIT has hired Newmark to market the properties, which Broadstone had ...
Charlotte/Raleigh CityBizList Wilbert Plastic Services has sold a 126,363-square-foot manufacturing facility in the Charlotte, N.C., suburb of Harrisburg, N.C. AIC Ventures, an Austin, Texas, REIT, bought the industrial property for an undisclosed price. JLL Capital Markets brokered the deal. The ...
Central Penn Business Journal Landmark Homes has broken ground on the Legacy Park mixed-use development in Mechanicsburg, Pa. Plans for 185-acre former farm call for 216 apartment units, 301 single-family homes, 166 townhomes and 26,000 square feet of commercial space. ...
Penn Live SuperValu Inc. has purchased a 750,000-square-foot distribution center in Harrisburg, Pa., for $37.1 million, or $49/sf. The Minnesota-based grocery wholesaler plans to invest $69 million renovating the property at 3900 Industrial Road. Prologis, a San Francisco industrial REIT, ...
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