Landmark Commercial Realty/ TCN Worldwide inks $4.6 million multi-family sale
Susquehanna Twp., PA — Landmark Commercial Realty, Inc. / TCN Worldwide senior associates, Chuck Heller and Drew Bobincheck, CCIM, completed $4.6 million in multi-family investments. Representing owners in two separate transactions, Heller and Bobincheck completed the disposition of the Scottsdale Apartment complex, a 75-unit, garden apartment community located at 1021 S. Progress Ave. in Susquehanna Twp. and the former Ron Brown Charter School, located in Harrisburg, PA. The 39,536 s/f facility which encompasses an entire city block along N. 3rd St., will be transformed into high-end rental apartments. 6,000 s/f on the lower level has already been pre-leased. Greg Rothman of RSR represented the buyer, WCI Partners, LP. Landmark Commercial Realty, Inc. / TCN Worldwide senior vice president, Jason Grace, CCIM, SIOR, has leased the remaining spaces of the cross dock facility located in Turnpike Industrial Park located in Middletown, placing the facility at 100% occupancy. The industrial portfolio encompasses 204,889 s/f of warehouse/flex space and is currently being occupied by national tenants, United Parcel Service, Inc. (UPS), Pilot Air Freight, PerfectVision Manufacturing, Stroehmann Bakeries and Diakon Logistics. Representing the owner, Heartland Realty, Inc., The Corporate Brokerage Service Group finalized the long-term lease transaction(s) for the remaining 168,692 s/f.