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KeyBank has provided $65 million of financing for the Camp Hill Shopping Center, a 520,000-square-foot former mall outside of Harrisburg, Pa.The property is owned by Cedar Shopping Centers Inc., which had purchased it some four years ago for $18 million ...
Commercial Real Estate Direct Staff ReportCedar Shopping Centers is buying six supermarket-anchored retail centers in eastern and central Pennsylvania for $94.2 million.The shopping centers, which have a combined 413,000 square feet and carry a combined $51 million of debt, are ...
Patriot-NewsHarrisburg, Pa., Mayor Stephen R. Reed is proposing the sale of its public safety building on Walnut Street, which houses the city's police and fire officials. Reed is proposing selling the building to the Harrisburg Redevelopment Authority, and the city ...
Patriot-NewsSelect Specialty Hospitals has acquired a closed hospital in Lower Paxton, Pa., near Harrisburgh, that it will convert into a long-term acute care facility. Select of Lower Allen, Pa., said the deal is pegged to pending new regulations for long-term ...
Patriot-NewsDeSanto Realty Group of Media, Pa., has paid $10.4 million for Northwoods Crossing Office Park in Susquehanna, Pa. It bought the property on behalf of 21 tenant-in-common investors. DeSanto plans to acquire another 500,000 square feet of Harrisburg area office ...
Patriot-NewsOffice rents are increasing in Harrisburg, Pa., for the first time in a nearly a year. A report from Landmark Commercial Realty of LeMoyne, Pa., notes that rents have increased in all sub-markets, driven by a surge in demand. The ...
Central Penn Business Journal Key Real Estate has acquired 207 acres in Penn Township, Cumberland County, Pa., from Brewster Development Inc. Key, based in Kennett Square, Pa., plans to develop a 3 million-square-foot business park on the land located near ...
Central Penn Business JournalCedar Shopping Centers has purchased 34 acres in Harrisburg. Pa., for $13.5 million from the Vartan Trust of Harrisburg. Cedar, a REIT based in Port Washington, N.Y., plans to build a 100,000-square-foot shopping center on 18 acres ...
Hampshire Cos. has paid about $24 million for 180 Kost Road, a 414,000-square-foot office/industrial building in Carlisle, Pa.Hampshire, a Morristown, N.J., investment firm, was represented in the transaction by NAI James E. Hanson, a Hackensack, N.J., brokerage firm.The suburban Harrisburg, ...
The Patriot-NewsHersha Group has purchased a 15,000-square-foot warehouse building in Harrisburg, Pa., from Unified Realty Co. of Willow Grove, Pa. NAI/CIR represented Hersha, which is based in Harrisburg. The acquired building is the former Weinstein Supply facility at 438 Cameron ...
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