LEMOYNE, PA —Robin Zellers, SIOR, FRICS, CRE, president and broker of record at NAI CIR, shared the current and emerging issues expected to have the most significant impact on real estate in 2019 and 2020, as identified by The Counselors of Real Estate. U.S. infrastructure and housing ranked as the leading concerns of the 1,100-member global real estate advisory organization.
“Inadequate infrastructure creates a hard ceiling to economic development, and real estate values ar
LEWISTOWN, PA — The 553 acre plot at Shade Mountain on Jacks Creek Rd. in Derry Twp., Mifflin Cty., Lewistown has been sold to AJM Real Estate Holdings LLC by Comcast of Pennsylvania/Colorado/ West Virginia, LLC. James Ross, of NAI CIR, and Brian Edmonds, of SVN/ Concordis Group, represented the seller.
NAI CIR completed the following PA transactions:
Derry Shopping Center, LLC purchased this 30,800+/-s/f retail space located in Swatara Twp. The Bill Gladstone Group of NAI
MECHANICSBURG, PA — The 86,000 s/f building located at 200 Lambs Gap Rd. in Mechanicsburg has been sold to Lancaster County Bible Church from Patton Recreational Properties. Daniel Alderman of NAI CIR, represented the seller.
The 2,400 s/f office space located at 220 Cumberland Parkway in Mechanicsburg has been sold to WMCP Holdings, LLC. Alderman represented the seller. #DANIELALDERMAN #MECHANICSBURGPA #NAICIR #200LAMBSGAPRD
LOWER PAXTON TWP., PA — NAI CIR completed the following PA transactions:
1,172 s/f of retail/office space was sold for use as a nail salon at 5441 Jonestown Rd. in Lower Paxton Twp. The Bill Gladstone Group of NAI CIR represented the seller and Patty Fortney-Julius of EXP Realty LLC represented the buyer.
4,700 s/f of office and warehouse space at 142 Reno St., New Cumberland was leased to RestoreTeam Home Alliance, LLC. The Bill Gladstone Group of NAI CIR represented the
HARRISBURG, PA — The 54,000 s/f property, located at 114 Pine St. in Dauphin County, has sold. Harristown Enterprises Inc. purchased the property from First National Bank and intends to remodel the property into apartments. Daniel Alderman and Nathan Kranz, of NAI CIR, represented the seller.
The 3,060 s/f office property, located at 3906 Market St. in Camp Hill, was recently sold to WFG Real Estate LLC by CJSPT Limited Partnership. Alderman represented the seller.
LEMOYNE, PA — 4200 Crums Mill Rd., a 34,000 s/f class A suburban East Shore Office building has sold. 4200 Crums Mill Rd. LLC., purchased the property from Shreekaya LLC, and intends to utilize the asset as an adult day care. Ryan Murray and Joe Bedard of NAI CIR, represented the seller.
The 54,000 s/f property, located at 114 Pine St. in Dauphin Cty., has sold. Harristown Enterprises Inc. purchased the property from First National Bank and intends to remodel the property in
HARRISBURG, PA — The 54,000 s/f property, located at 114 Pine St. in Dauphin County, has sold. Harristown Enterprises Inc. purchased the property from First National Bank and intends to remodel the property into apartments. Daniel Alderman and Nathan Kranz, of NAI CIR, represented the seller. #HARRISBURGPA #DANIELALDERMAN #NATHANKRANZ #NAICIR #DAUPHINCOUNTYPA
HARRISBURG, PA — The Waterworks Pumping Station, located at 614 North Front St., has sold. The 144 year old building is located along the Harrisburg Riverfront and within walking distance of the Central downtown business district and the State Capitol complex.
Granma LLC purchased the 30,000 s/f building from Mann Realty Associations. Ryan Murray, of NAI CIR, handled the transaction.
Jacob D. Boas, mayor of Harrisburg, commissioned the Waterworks building in 1874 when the
PENNSYLVANIA — NAI CIR announced the following transactions in Pennsylvania:
Senate Plaza at 100 Senate Ave. in East Pennsboro Township, the 230,647 s/f office building on 16 acres, was sold August 2016. Joe Bedard and Ryan Murray of NAI CIR represented the seller, a financial institution. Nilkanth USA, Inc., has leased a 9,000 s/f warehouse at 4455 Chambers Hill Rd. in Dauphin County. Ida McMurray of NAI CIR handled the transaction for the Landlord, Triple Crown Property Ma
Lower Paxton Twp. , PA — Comprehensive Cleaning Solutions, has leased warehouse space at 6130 Jonestown Rd., Lower Paxton Twp. Ida McMurray, CCIM, SIOR, of NAI CIR, represented the property owner. David White, of Coldwell Banker, represented the tenant. #LowerPaxtonTwp #NAICIR #6130JonestownRd
Harrisburg, PA – NAI CIR, a member of the world’s premier managed network of commercial real estate firms, announced that it has been selected to manage the 41,000 s/f 5 story office and retail building located at 108 – 114 N. 2nd St., Harrisburg, PA, on behalf of Sandton Capital, based in New York City.
“We are excited to be able to expand our relationship with Sandton,” said Robin Zellers, SIOR, president of NAI CIR. “Brett Crans, our senior property manager, was instrume
Lemoyne PA — Three years into their secure jobs with a leading realtor, fraternity brothers Gary Nalbandian and William Siverling decided to start their own firm that would work only with commercial and industrial real estate.
In 1970, NAI CIR was the first and only firm in Central Pennsylvania with such a focus.
Since then, the commercial and industrial real estate industry has become specialized and consolidated, with some very large multinational corporations working in
Dickinson Twp., PA — High Peak Tent Rental LLC has relocated its business to a 23,850 s/f warehouse at 8 Mooredale Rd., Dickinson Twp. Daniel Alderman and Nathan Kranz, both of NAI CIR, represented Christopher and Tanya Farrisi, property owner, and Pamela Fisher and Mike Diehl of Berkshire Hathaway Homesales represented High Peak Tent Rental. M&J Investment Partners has purchased 18,742 s/f of retail space at 2030 Bendigo St., Tower City. Nikolas Sgagias of NAI CIR represente
Pittsburgh, PA — The University of Pittsburgh renewed its lease of 39,670 s/f of office space at 401 E. Winding Hill Rd. for the Resource Center of the PA Child Welfare Training Program. James Ross of NAI CIR represented the University of Pittsburgh, and Craig Rahn, also of NAI CIR, represented Winding Hill, LP, the property owner. 2,550 s/f of space at 2 W. Allen St., Mechanicsburg has been leased by Brian and Kelcy Lahr. Ida McMurray of NAI CIR represented the property owne