4A — July 27 - August 9, 2018 — M id A tlantic
Real Estate Journal
www.marejournal.com
M id A tlantic R eal E state J ournal
Located at 114 Pine St. in Dauphin County, PA Alderman&Kranz rep. seller in 54,000 s/f property sale
Located at 390 Reed Rd., Broomall, PA CCREG’s Yangello & Manero ink $1.6M sale
ARRISBURG, PA —The 54,000 s/f prop- erty, located at 114 H Daniel Alderman Nathan Kranz Pine St. in Dauphin County, has sold. Harristown Enter- prises Inc. purchased the property from First National Bank and intends to remodel the property into apartments. Daniel Alderman and Na- than Kranz, of NAI CIR , represented the seller.
390 Reed Rd.
ranged the sale of the three story office building located at 390 Reed Rd., Broomall for
BROOMALL, PA — Capi- tal Commercial Real Estate Group (CCREG ) has ar-
114 Pine St.
$1.6 million. Christopher Y a n g e l l o , CCREG bro- k e r r e p r e - s e n t e d t h e seller during t h e t r an s i - t i on a l ong - side Abigail Manero also of CCREG rep- resented the buyer. “ The s a l e of this fully leased three s t ory o f f i ce building re-
Christopher Yangello
Abigail Manero
flects the desire of investors to own assets in the ever growing and popular Lawrence Park Business Campus in Delaware County.” The buyers were able to recognize the value of the office building location and rationalize appropriate capital expenditures to improve the customer experience and drive future cash flows,” according to their agent, Abigail Manero. Sheldon Gross Real ty' s Weston manages sale in Haledon, NewJersey HALEDON, NJ — A 6,340 s/f church structure at 471 Morrissee Ave. in Haledon was recently purchased by I Am the Church of the Living God Deliverance Temple, Inc., in a transaction managed by Sheldon Gross Realty vice president Eric Weston . Recognizable for its colorful, stained glass windows and front, exterior wall of orange brick, the church will continue to be used for religious ser- vices. Located at the terminus of a dead end, it also features parking in front and on its south side.
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