8C — May 11 - 24, 2018 — Central Pennsylvania — M id A tlantic 4 J nuary 12 - 25, 2018 — Pennsylvani — M id A tl ntic
Real Estate Journal
Real Estate Journal
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www.marejournal.com
C entral P ennsylvania P ennsylvania Christine Sable, CCIM, represents buyer in 25,270± s/f office building sale in Mount Joy Berger, CCIM, SIOR & Daniel Berger, Jr. of US Commercial Realty assist buyer in 121,400± s/f sale President of GH Famil Business Consulting Group, LLC An interview with 3rd generation owner of Lancaster b sed High Properties, Greg High W their Board of T ustees. What are you focused on today?
ANCASTER, PA — US Commercial Re- alty , a privately owned real estate company based in Lancaster, has recently ar- ranged the following sales and leases: SALE: An undisclosed seller sold a 48,750+/- s/f industrial building located at 2754 Creek Hill Rd., Leola to an undis- closed buyer. The purchase price was $2,609,100. • Buyer was represented by: Harold Bare and Greg Hostetter, Hostetter Realty • Seller was represented by Daniel Berger, CCIM, SIOR L e interviewed Greg High, a 3rd genera- tion owner of Lan- c as t r , PA based High P r o p e r t i e s and founder and preside t of GH Fam- ily Business Consu l t i ng Gr up, LLC. W h a t have been your various roles with the High compa- nie over the pas 25 years? My experienc started in high school with grounds Greg High
and Daniel Berger, Jr. , US Commercial Realty SALE: Prospect Realty Com- pany sold a 25,270± s/f office building located at 15 Eby Chiques Rd., Mount Joy to MidAtlantic Federal Land Credit Association. The pur- chase price was $1,844,252. • Seller was represented by Daniel Berger, CCIM, SIOR and Daniel Berger, Jr., US Commercial Realty • Buyer was repre - sented by Christine Sable, CCIM . SALE: An undisclosed seller sold a 121,400± s/f industrial I started GH Family Busi- ness Consulting Group, LLC in July 2016 with the specific goal of helping oth families (with bu inesses similar in size and/or bre dth as ours) to focus on nh ncing th famil governanc side of their busi- ness. What size companies and what geography are you focused on? Right now, my smallest cli- ent has an al a e of $25 mi lion and my largest client
building located at 400 Center- point Blvd., New Castle, DE, to an undisclosed buyer. The sale price for the complex was $6 million. • Buyer was assisted by: Daniel Berger, CCIM, SIOR, US Commercial Realty n NAI-CIR’s Kranias & Shefet ink shopping center sale in Dauphin County has annual sales of $5 billion. Th s size range is my preferred f cus as many of thes busi- nesses face the sa e issue and challenges that my own legacy business f ces. I am cu r ntly focused on the PA, DE, MD, NJ & NY region; however, I will travel further depending o the as- signment. What compelled you to go this direction? During my w rk as Chair of The High Family Council, I was able to work with our fam- ily to establish family policies and processes that allowed us to function much more ef- fectively individually and as a team. I saw an opportunity to provide similar advice and guidance to other families. What do you think makes your consulting practice different from the others? Many of the professionals that our family sought advice fromwere very skilled at what they did; however, very few, if any, had actual direct family business experience like I do. My goal is to help other fami- lies in business improve the relationship between the fam- ily and the business to make it better for both the family and the business. There appears to be n entrepreneurial spirit and his ory i your family? I guess so. My grandfather, Sanford High, s arted High Welding Company in 1931 and then my father; Dale, went on to establish many f the busi- nesses that make up the Hig companies today. My brother; Steve, started High Envi- ronmental Health & Saf ty Consulting Company in 1998 after serving as Safety Direc- tor for th High companies for m ny years. Tell about the new bu lding located in Green- field Corporate Center? Yes, it’ known as The S. Dale High Leade ship Center located at 1861 William Penn Way, Lancaster, PA. It op ed in July 2017 and has allowed us to formalize our family’s philanthropic efforts; as well as, f rmalize our family office components (suc ession plan- ni g, payment of taxes, etc.) In addition we added a large confer nce room for meetings and a atrium whic visua l tells the High story through pictures and artifacts th t we collect d over the years. My continued on page 16C LEMOYNE, PA — Pro- posed 11,200 s/f retail develop- ment project sold in Dauphin County. Novo Real Estate Partners, LLC has sold the retail development project to Four Lemoyne Drive Associ- ates, LLC. Niko Kranias and Edan Shefet of NAI-CIR handled the transaction. n Niko Kranias Edan Shefet Barley Snyder hires Michael Katz LANCASTER, PA — Bar- ley Snyder has hired Michael Katz as an of counsel attorney in its Litiga- tion Practice Group. Katz comes t o B a r l e y Snyder with two decades of litigation experience at the Beasley Firm and Lopez McHugh. A Lancaster County resident, Katz will focus his practice on commercial and fiduciary litigation working primarily in Barley Snyder’s York office. Katz also is a published fic- tion author. He wrote the 2007 Wild West-set novel Shalom on the Range , which currently has a 4.5 rating out of five on Amazon.com. “I’m very appreciative of the opportunity to join a pres- tigious firm such as Barley Snyder,” Katz said. “These are not only good lawyers, but good people, and I look forward to being a part of the Barley Snyder team.” The firm now stands at 81 attorneys, with more set to join the firm in early 2018. n Michael Katz
maintenance at our Greenfield Corporate Center, then pro- gressed to accounting, hotel management, apartment leas- ing, marketing (for our steel and hotel divisions), develop- ment and acquisition of new hotels for our hotel business; as well as, executive manage- ment and board involvement. What have you learned growing up in a family business? A lot more than I can tell you in one interview! I learned a lot about family business governance. I realized that we needed to change the gov-
ernance structure of our com- pany to better meet the needs of the business and the family and to aid in succession, so I worked on making that hap- pen. I led our family and board through that process in 2009 and completed the last phase of our governance structure changes in 2016. Where did you go to school? Locally, ManheimTownship High School and also Lebanon Valley College where I earned a degree in Hotel, Restaurant and Institutional Manage- ment. I currently serve on
15 Eby Chiques Rd
400 Centerpoint Blvd.
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