7-13-18

Real Estate Journal — Pennsylvania — July 13 - 26, 2018 — 15C

www.marejournal.com

M id A tlantic

P ennsylvania

Feinberg Real Estate Advisors, LLC reps. seller in $1.9M sale

Project team is led by Chris Venarchick RGS Associates promotes Horst to project engineer-in-training

convenient location was a sig- nificant benefit to the buyer, Yasin N. Khan No 2, LLC. “There are really no words to describe how professional, kind, thoughtful and knowl- edgeable Cindy McDonnell Feinberg is” said Loretta Adams of the Cloonan Fam- ily. “Cindy went far above and beyond her commercial real estate responsibilities to help our family through a very challenging process”, said Adams. The three-story office build- ing and the smaller medical office building are located at the corner of Cedar Crest Bou- levard and Lincoln Avenue and has immediate access to Interstate-78. 

S AL I S BURY TWP . , PA — Cindy McDonnell Feinberg, CCIM Feinberg Real Estate Advisors, LLC (FREA) represented the sell- er, Evy I. Cloonan on its $1.9 million sale of the properties located at 1146 S. Cedar Crest and 1148 S. Cedar Crest Blvd., a 17,277 s/f office building and a 3,562 s/f office building lo- cated in Salisbury Township. The buyer, Yasin N. Khan No2, LLC was represented by Phil Schenkel of Jones Lang LaSalle Brokerage LLC . The property, with several tenants, had interest from in- vestors and users in the region because of the location and availability of office space. The

tion of Olivia Horst to proj- ect engineer- in- t ra ining (EIT). As an EIT, she is re- sponsible for stormwater management des ign and C

permitting, NPDES permit- ting, as well as plan drafting and report creation. Recent projects in which Horst played a key role include Lime Spring Square, Lancaster; Sheetz, Airport Road in Lititz; and Tradi t ions of Amer i ca, Lititz. Horst joined RGS in 2016 having earned a Bachelor of Science in Civil Engineering with a minor in Environmental Engineering from Widener University. Horst works on the project team led by Chris Venar- chick – client manager / senior associate.

RGS Associates is an award-winning consulting firm of registered landscape architects and civil engi- neers who provide clients with creative site design and entitlement services beginning with initial fea- sibility investigations and continuing through project construction. Founded in 1993, RGS specializes in the thoughtful design of retire- ment communities, com- mercial centers, residential neighborhoods, and urban centers located throughout central Pennsylvania. 

ENTRAL PA — RGS Associates an- nounced the promo-

Olivia Horst

RAL Development Serv i ces l eases 12,488 s/f PHILADELPHIA, PA — RALDevelopment Services has pre-leased 12,488 s/f of ground floor commercial space at the newmixed-use property 1300 Fairmount Ave. in Phila- delphia to Nobel Learning Communities, Inc., a national network of 200 private schools throughout the country. Nobel Learning Communities plans to open a Chesterbrook Acad- emy Preschool in the space. Spencer Levine , managing director of RAL Development Services, developer of the 1300 Fairmount property, made the announcement jointly with Nobel Learning Communities. 1300 Fairmount Ave. will be a 14-story, 624,575 s/f mixed- use property designed and de- veloped by RAL Development Services with broad commu- nity support. The property is strategically positioned at the intersection of the Spring Gar- den and North Broad Street residential neighborhoods, two areas that have seen an influx of new residential and commercial developments. “We are thrilled to welcome Nobel Learning Communi- ties’ Chesterbrook Academy Preschool to 1300 Fairmount Avenue,” said Levine,. “The North Broad area of Philadel- phia is undergoing a major revitalization, which provides a unique opportunity to create a truly transformative project. We are proud and excited to be an important part of the growth of the area and we are confident that we will continue to attract high-profile tenants such as Nobel Learning Communities to 1300 Fairmount.” Chesterbrook Academy pre- schools provide a developmen- tally-appropriate education in a safe and nurturing environ- ment, as well as frequent com- munications to keep parents involved and informed. 

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