Real Estate Journal — Pennsylvania — April 12 - 25, 2019 — 5C
www.marejournal.com
M id A tlantic
P ennsylvania 85,488 s/f shopping center trades in Adams County JLL brokers the sale of Gettysburg Marketplace
RGS Associates adds two members to team
project in Camp Hill. Fauth graduated from York Technical Institute with an Associates in Computer Aided Drafting and Design. Bringing with him 5 years of experience, Matthew has already shown himself to be a great addition to our firm. Serving in the National Guard for 18 years, including two deployments to Iraq, Fauth is a Section Sergeant for a distribution section of 18 soldiers for the 108th Field Artillery. He is also involved in master driver and unit movement officer training. He lives in York, where he en- joys running, playing hockey, and spending time with his son and daughter.
LANCASTER, PA — RGS Associates announced the ad- dition of two members to their team, Jake Krieger, RLA , project landscape architect and Matthew Fauth , CADD designer. Krieger graduated fromTem- ple University with a Bachelor of Science in Landscape Archi- tecture and received a Merit Award for Academic Achieve- ment from the American Soci- ety of Landscape Architects. In his 5+ years of experience, he has worked on a variety of proj- ect types. Currently he is work- ing on a multifamily apartment project in Derry Twp. as well as a streetscape improvement/ commercial redevelopment
HILADELPHIA, PA — JLL Capital Mar- kets arranged the sale of Gettysburg Marketplace, an 85,488 s/f shopping center in Gettysburg, Adams County. Glen UnaManagement pur- chased the site. JLLmanaging director Jim Galbally and senior vice president Colin Behr led the team handling P ROCK surpasses $1.3 billion in CRE sales and leasing YORK, PA — ROCK Commercial Real Estate announced that with the surpassing of $1.3 billion in commercial real estate sales and leasing, the company is continuing to lead the mar- ket with a growth strategy inclusive of a brand refresh, launch of a comprehensive website and a new office in Lancaster. Since 2001, York-based ROCK Commercial Real Es- tate, the region’s most recog- nized commercial real estate brand with its bold blue and yellow aesthetic displayed throughout Central Pennsyl- vania on available commer- cial properties, has served the area with market expertise and a longstanding commit- ment to the community. As the company plans for the future and continuing to be a market driver among the com- mercial segment, ROCK has refreshed its brand mark with a modern and bold aesthetic that carries on the recogniz- able ROCK brand colors. With the reveal of the new brand mark, ROCK also an- nounced the launch of a new website. Designed around the needs of the commercial market, this site provides ex- tensive search filters and fea- tures, offers access to ROCK’s MarketREVIEWS, and show- cases ROCK’s GIS Mapping and 3D Visualization services. In continuing to support the growth of the region’s com- mercial real estate needs, es- pecially as market demands continue to see shifts with millennial and baby boom- er demographic demands, ROCK is solidifying its foot- print with the addition of a new office in Lancaster. Located at 313 W. Liberty St., this new office, outfitted with modern fixtures and furniture, provides expanded meeting spaces for clients and staff.
the sale, along with managing director Bill Moylan and vice president Nate Cleland . “We had a tremendous amount of investor interest due to Giant’s excellent sales history at Gettysburg Market- place,” said Galbally. “Both seller and buyer were great to work with which ultimately made for a great process on both sides.” The shopping plaza, located at 44 Natural Springs Rd., is anchored by Giant Food Stores. Other national and regional tenants include Pet Valu, Papa Johns, Sally Beau-
ty, AT&TWireless and Arby’s. Gettysburg Marketplace is the dominant retail shopping cen- ter in the area and currently sits at 90 percent occupancy. “The dynamics of the Get- tysburg market, tourism, college town, etc., combined with Giant’s dominant per- formance and commitment to the shopping center, made this an attractive asset,” said Behr. “The rest of the tenant lineup speaks for itself with all national, established ten- ants which further drove the process of getting Gettysburg Marketplace sold.”
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