4B — December 27 - January 16, 2020 — Owners, Developers & Managers — M id A tlantic
Real Estate Journal
www.marej.com
O wners , D evelopers & M anagers
ANCASTER, PA — The Kislak Compa- ny, Inc. announced Wolf arranges sale of mixed-use property with 49 apartments & separate commercial spaces Kislak sells award-winning Liberty North in Lancaster, PA for $9.125 million L
procured the purchaser. “There was a significant amount of interest both locally and out of state for this prop- erty as Lancaster continues to be a very desirable area for investors,” said Wolf. “The purchaser is excited to increase their presence in downtown Lancaster.” Built in 1923, the two-story, two building complex was reno- vated in 2011 and converted to 49 luxury apartments and separate commercials spaces. The commercial spaces on the property are customizable from 3,000 to 10,500 s/f and
consist of two office suites with long term leases in place. Rare for the City of Lancaster, the multi-use buildings offer onsite parking with other amenities inclusive of elevator access, a fitness room and a landscaped courtyard. Both residential and commercial spaces were fully occupied at time of the sale. Situated on 2.2 acres of land across the street from Frank- lin and Marshal College, the property is within walking distance of Historic Downtown Lancaster, the Lancaster Train Station and local public trans- portation via bus and Amtrak. The location is in the Stadium District neighborhood in down- town Lancaster and home to surrounding Pennsylvania Dutch Country, Amish and Mennonite farming, crafts and attractions. Wolf joined Kislak in 2017, following over a decade of success in the CRE industry focused on multifamily and other investment sales trans- actions in central and eastern Pennsylvania. He is a Certi- fied Commercial Investment Member (CCIM) and also holds a Pennsylvania broker’s license. Bell Country Club Community Assoc. COLLEGEVILLE, PA — FirstService Residential recently contracted to pro- vide services for the Blue Bell Country Club Community Association. This impressive gated community consists of 849 town, carriage and single- family homes situated on 482 pristine acres of former farm- land and surrounds a private country club golf course. “We couldn’t be more excited about beginning our partner- ship with the board and resi- dents of the Blue Bell Country Club Community Association,” said Michael Mendillo , presi- dent, FirstService Residential. “We’re confident our team’s vast experience and commit- ment to delivering service excellence will ensure a suc- cessful partnership for years to come.” Blue Bell Country Club Com- munity Association features a community center, fitness cen- ter, three pools, tennis, pickle ball and basketball courts and playground facilities. FirstService Residential welcomes Blue
t he r e c en t sale of Lib- erty North, an awa r d - winning class A mixed-use property at 1060 North Charlotte St. in Lancaster for $9.125 million.
Matt Wolf
Kislak marketed the prop- erty on an exclusive basis with vice president Matt Wolf han- dling the assignment. Wolf also
1060 North Charlotte St.
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