26 — August 2025 — Central Pennsylvania — M id A tlantic Real Estate Journal
www.marej.com
C entral P ennsylvania
New construction, and leasing trends highlighted ROCK tracks CPA market momentum in Q2 reports
Hagerman, Rohrbaugh & Stine rep. Aldi Bennett Williams brokers 84,788 s/f & 3 acres of CPA transactions
YORK, PA — Bennett Williams Commercial , one of the largest third-party,
Adam Hagerman, Cale Bru- so , Brad Rohrbaugh, and Chad Stine of Bennett Williams Commercial represented the landlord in the transaction. Sales: 2 AC of land space at 3021 E Market St., York. Coldwater Development, LLC purchased property from Janvi Proper- ties, LLC. Khan, Shaffer, Rohrbaugh, and Stine rep- resented the buyer in the transaction. 4,860 s/f of retail space at 27 S High St., West Chester. Outdoor Shower, LLC pur- chased property from 27 S High LLC. Tommy Ciccarone Jr. of Bennett Williams Com- mercial represented the buyer in the transaction. 4,350 s/f of retail space at 921 Lititz Pike., Lititz. Antoni Katsaros purchased property from 921 Lititz Pike, Inc. Co- nigliaro, Khan, Rohrbaugh, and Stine represented the buyer in the transaction. 22,550 s/f of industrial space at 103 W 1st Ave., Parkesburg. Dynamic Real Estate LLC purchased prop- erty from Two Weeks, LLC. Hess represented the buyer in the transaction. 5,684 s/f of retail space at 1190 Regents Glen Blvd., York. Budget Rentals, LLC purchased property from RG Prof Center LLC. Rob- ert Behler Jr. of Bennett Williams Commercial rep- resented the seller in the transaction. 8,635 s/f of retail space at 6042-6044 Carlisle Pike, Mechanicsburg. MN Group Finance, LLC purchased property from 1852 Mechanic- sburg, LLC. Brad Rohrbaugh, Chad Stine, and Justin Wil- lits of Bennett Williams Com- mercial represented the seller in the transaction. 1 AC of land space at 225 Co- lumbia Mall Dr., Bloomsburg, Columbia County. HAZA Bell Realty LLC purchased property from Foust Holdings, LLC. Adam Hagerman, Cale Bruso , Brad Rohrbaugh, and Chad Stine of Bennett Williams Commercial rep- resented the seller in the transaction. 4,886 s/f of multi-family space at 925 Cumberland St., Lebanon. Sunrise Assets LLC purchased property from Gun Powder LLC. Abe Khan, Tommy Ciccarone Jr., and Alec Werners of Bennett Williams Commercial repre- sented the buyer and seller in the transaction. MAREJ
ORK/LANCASTER, PA — ROCK Com- mercial Real Estate publishes quarterly market reports designed to survey and gauge the state of com- mercial real estate conditions in Central Pennsylvania. The publications offer thoughtful, forward-looking insight into trends in the local office, in - dustrial, and retail markets. YORK COUNTY INDUSTRIAL Construction Pipeline Filled with New Development •360,000 s/f of leased in - dustrial space contributed to impressive Q2Q absorption growth • Growing demand for in - dustrial space brought 1.37M SF of new projects to the con- struction pipeline • Class B properties stole the lead from Class A in YTD sales and leasing totals • Q2Q leasing trends show another 11% increase to aver- age unit size and a 9% increase to the 12-month rolling aver- age rent YORK COUNTY OFFICE Notable Class A Sales Softened Decelerating Transaction Trends • Vacancy hovered around 2.7% for a third quarter • Absorption dipped back into the negative but contin- ued an overall recovery trend Y
upward • Susquehanna Commerce Center in York transacted a combined $3.92M in class A office sales YORK COUNTY RETAIL Sales and Leasing Activity Fueled by Service-Based Retail Properties • 86% of total sales in Q2 were service-based retail property transactions, including automo- tive services and restaurants • Two major Wawa trans - actions in Q2 included 4535 W Market St in York sold for $5.73M ($946.81/SF) and 2941 Carlisle Rd in Dover sold for $5.75M ($961.54/SF) • The sister-run business Sprinkles & Co leased store- front space at 103 E Broadway in Red Lion, with plans to host parties and classes for the community LANCASTER COUNTY INDUSTRIAL Lancaster County Gained Significant Development Investment • An uptick in leasing activ - ity and lack of new vacant space kept vacancy rates low and pro- moted Q2Q absorption growth • Sale volume returned to historic norms after the spike in Q1, with $36.13M in total sales • GSK’s $800M investment in East Donegal Township is expected to establish Lancaster County as a hub for advanced
life sciences
LANCASTER COUNTY OFFICE Class A Medical Offices Drove Sales & Development • Class A sales surpassed class B sale volume for the first time since 2022, espe - cially class A medical proper- ties which accounted for 57% of total sales in Q2 • The average size of office units leased in Q2 was 53% larger than last year • Lease rates stabilized on their growth trajectory Local non-profit partner - ship announces plans to bring vital medical resources to Southeast Lancaster City LANCASTER COUNTY RETAIL Record Low Leasing YTD Slowed Absorption Re- covery • YTD absorption sunk beyond -45,000 s/f after a second quarter of record low leasing activity • Average rents rose 3% overall to $17.95 in second growth year • Dual-tenant class B res - taurant property at 1640 N Reading Rd. in Stevens sold for $1.75M ($209/SF) in April • Six Strasburg residents teamed up in May to purchase the Strasburg Creamery mixed- use retail complex MAREJ
commercial real estate firms in Cen - tral PA has arranged the sale/lease of the following transactions: Leases: 2 3 , 8 8 4 s/f of retail space at 2515 Banks- ville Rd., Pittsburgh. Aldi, Inc. leased space from GGPA Banksville - II 1999, LP. Adam H a g e r - man , Brad Rohrbaugh, and Chad Stine of Ben- nett Williams Commercial represented
Adam Hagerman
Brad Rohrbaugh
Chad Stine
the tenant in the transaction. 725 s/f of office space at 74 Pottstown Pike, Chester Springs. Deblin, Inc. leased space from Polo Run Capital Corporation. Bill Hess of Bennett Williams Commer- cial represented the landlord in the transaction. 1,774 s/f of retail space at 605 Richmond Dr., Lancaster. Thuli, LLC leased space from Wetherburn Town Center, LP. Francesco Conigliaro, Abe Khan, Brad Rohrbaugh, and Chad Stine of Bennett Williams Commercial rep- resented the landlord in the transaction. 3,000 s/f of office space at 111 Centerville Rd., Lan- caster. Face Forward Skin Care Center, LLC leased space from Ericson & Male- sic Holdings, LLC. Shaffer, Rohrbaugh, and Stine repre- sented the tenant and Tom Troccoli of Bennett Williams Commercial represented the landlord in the transaction. 3,240 s/f of industrial space at 439 S Bolmer St., West Chester. Princess Daliana leased space from Westtown Commercial, LLC. Tommy Ciccarone Jr. of Bennett Williams Commercial repre- sented the tenant and land- lord in the transaction. 1,200 s/f of retail space at 315 S Cedar Crest Blvd., Al- lentown. Kids Kutz LLC leased space from SUSO 4 Cedar Pointe LP. Blake Shaffer,
Mackenzie CRE Services handles 5,000 s/f lease near Harrisburg
PAXTANG, PA — The Heating & Cooling Guys have signed a lease with Builder- man Properties, LLC for 5,000 s/f of space at 3110 Pike St. in Paxtang with intentions to relocate their corporate headquarters to the nearly 14,000 s/f commercial and industrial building. Patrick Smith , VP, MacKenzie Com- mercial Real Estate Services, LLC handled negotiations on behalf of the tenant and Ida McMurray of CapStone Commercial represented the landlord in this transaction. Located in Paxtang, three miles east of Harrisburg, 3110 Pike St. is a single-story build- ing configured to support both commercial office and industrial/warehouse space and is equipped with 14-foot ceiling heights and one drive- in loading dock. The asset is situated adjacent to I-83 and PA Rte. 322. Smith indicated that he re- cently established a commercial
3110 Pike St. in Paxtang, PA
real estate license in PA based on “the demand from several clients seeking space in the market,” and added, “this initial lease demonstrates my
eagerness and ability to seam- lessly execute transactions for businesses and real estate entities in the Southern PA market.” MAREJ
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