16 — February 2026 — Central Pennsylvania — M id A tlantic Real Estate Journal
www.marej.com
C entral P ennsylvania
NAI CIR facilitates student & mixed-use housing transactions
Industrial acquisition strengthens Central PA portfolio PCCP acquires fully leased Ritner Logistics Ctr., Newville
ALTOONA & STATE COLLEGE, PA — NAI CIR recently facilitated two major transactions in Central PA, in - cluding the acquisition of Nit- tany Pointe near Penn State Altoona and the sale of a prime 15.7-acre parcel in State Col - lege for the University Park Townes development. Nittany Pointe, a student housing community adjacent to the Penn State Altoona campus, has been acquired by Elevate Altoona LLC. Situated on 30.5 acres, the property comprises 156 units totaling 624 beds across 13 residential buildings, along with an on- site clubhouse and amenities. The property is located less than one mile from the Penn State Altoona campus. Altoona’s accessibility, re- gional employment base, and established student popula- tion contribute to the area’s appeal for long-term student housing investment. Nik Sgagias, president, and managing partner of NAI CIR represented the seller in the transaction. Meanwhile, in State College, another key transaction high- lights the continued growth of student- and mixed-use hous- ing in the region. A 15.7-acre land parcel located on High Tech Rd. in State College has been sold from AAA State Col - lege Storage & Warehousing, LLC to High Tech Road, LLC, SPE for Inch & Co. The site
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EWVILLE, PA — PCCP has acquired Ritner Logistics Cen -
ter, a class A, 1.2 million- s/f industrial facility locat- ed at 3419 Ritner Hwy in Newville within the C e n t r a l Pennsylva - nia industrial market.
Nittany Pointe, Altoona
Lia Barsanti
Built in 2019 and fully oc- cupied by Newell Brands, a global consumer products company, the cross-dock con- figured warehouse features 36’ clear heights, 120 loading doors, 437 trailer stalls, a 200’ truck court, and ample car and trailer parking. “Central Pennsylvania is an established bulk industrial market given its proximity to dense Northeast population centers, deep and accessible labor pool, and highway con- nectivity,” said Lia Barsanti , a senior vice president with
3419 Ritner Hwy in Newville, PA
PCCP. “PCCP believes acquir - ing a 100% leased warehouse at a meaningful discount to replacement cost in a core in- dustrial node created a strong investment opportunity for our firm.” Ritner Logistics Center is well positioned for regional dis- tribution, less than two miles from I-81, with connectivity to both I-78 and I-76. The prop- erty’s location within Central PA and proximity to these interstates allows for direct CCIM, SIOR , CEO and man - aging principal of Landmark Commercial Realty. The property is located in Swatara Township, within an established industrial corri- dor, and offers access to Inter- states 76 and 83. The building is fully leased to CED Electric and Ascendance Trucks. “This property offered a unique combination of du- rable tenancy, functional in- dustrial space, and exposure to a market benefiting from substantial infrastructure and data center investment,” said Jariel Bortnick , principal at Quad Property Group. “We are encouraged by the scale of
access to approximately 50% of the U.S. population and 60% of the Canadian population within a one-day truck drive. Central PA provides access to many of the major distribu- tion nodes in the Northeast, including the Port of New York/New Jersey, the Port of Philadelphia, Newark Liberty International Airport, and Philadelphia International Airport, all of which are within a three-hour drive from the property. MAREJ development activity under- way in the Harrisburg area, which we believe will continue to drive long-term demand for industrial real estate.” Quad Property Group cited ongoing data center construc- tion and infrastructure invest- ment in Central Pennsylvania as key drivers supporting the region’s growing role as a lo- gistics and employment hub. “This acquisition reflects our disciplined approach to growth and our interest in markets with strong fundamentals and durable demand drivers,” said Justin Brindger , director of Industrial Acquisitions at Quad Property Group. MAREJ
will be developed as Univer - sity Park Townes, a mixed-use project featuring 146 residen - tial townhomes and 60,000 s/f of commercial space and a cutting-edge wellness and fitness center designed to pro - mote daily wellness. Inch & Co broke ground on the project in late 2025. Strategically positioned ad- jacent to the State College Airport, this premier new com- plex is located minutes from Penn State University’s Main Campus and Beaver Stadium. From listed to sold in under 12 months, Robin Zellers , Nik Sgagias, and Casey Khuri of NAI CIR represented the seller. MAREJ High Tech Rd., State College
Landmark Commercial Realty’s Grace reps. seller of 64,000 s/f Harrisburg, PA industrial property
HARRISBURG, PA — Quad Property Group has entered the Pennsylvania mar -
ket with the acquisition of a 64,000 s/f industrial property at 1830 S. 19th St. in Har- risburg for $5.55 mil- lion, the firm announced.
ROCK CRE kicks off 2026 with sale of 2 York County industrial properties
Jason Grace
The acquisition marks Quad Property Group’s first invest - ment in Pennsylvania and its initial industrial purchase in the region. The seller was represented by Jason Grace,
762 Wilson Ave. YORK/LANCASTER, PENNSYLVANIA — ROCK Commercial Real Estate an-
475 Stevens Rd.
Rd., a 12,485 s/f manufactur - ing facility located in York Haven, was purchased for $1.05 million by Sleepy Hollow Ventures LLC. David L. Bode, CCIM, SIOR, represented the seller, Samry, LLC. The buyer was represented by Donna Troupe of Berkshire Ha - thaway Homesale Realty . “Although the industrial vacancy rate has been climb- ing slightly over the past two years, the activity for the smaller facilities is at an all- time high,” said Bode. “We are beginning to experience the impact from the demand for data centers by the manufac- turers who provide a compo- nent that is required for these mega centers.” MAREJ
LEMOYNE, PA — Camp- bell Commercial Real Es- tate announced the celebra- tion of Jessi- ca Gasper’s 20 year anni- versary with the company, recognizing two decades of leadership, dedication, and impact in Central PA’s commercial real estate community. Gasper joined Campbell Commercial in 2006. In 2024, Platinum Broker Award. Gasper is an active mem- ber of several real estate affiliations, including the National Association of REALTORS, Pennsylvania Association of REALTORS and the Greater Harris - burg Association of RE- ALTORS , where she serves on the Grievance Committee. Campbell Commercial Real Estate congratulates Jessica Gasper on 20 years with the firm and looks forward to the continued success ahead. MAREJ Campbell Commercial celebrates 20 years of Gasper’s dedication Jessica Gasper she became an equal partner at Campbell Commercial Partners, LLC . “Jessica has exemplified what a mother, wife and career individual can accomplish,” said Art Campbell . Today, Gasper serves as part- ner & COO, where she oversees day-to-day operations while also handling the sales and leasing of commercial proper- ties throughout Central Penn - sylvania. Her work has earned her multiple awards and recog- nition, including CoStar Power Broker Awards and a Crexi
nounced the sale of two York County industrial properties. 762 Wilson Ave., a 29,400 s/f warehouse located in Ha- nover, was
David Bode
purchased for $1.95 million by 762 Wilson LP. ROCK man - aging partner, David Bode, CCIM, SIOR , represented the buyer. The seller, Gerard Dan- iel Worldwide, was represented by Ryan Myers of Bennett Williams Realty, Inc. Additionally, 475 Stevens
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