M id A tlantic Real Estate Journal — Owners, Developers & Managers — Multifamily Development — May 21 - June 17, 2021 — 9C Multifamily Development
www.marej.com
Phase 3 includes 144 new apartment units in Mechanicsburg, Cumberland County Kinsley Properties delivers final phase of Union Flats Development
M
with 9-foot ceilings, upgraded flooring, granite countertops, kitchen island/breakfast bar, glass-top cooking range and En - ergy Star® stainless steel appli - ances. The bedrooms have large walk-in closets and wall-to-wall carpeting, and each unit has a full-size washer and dryer. The community has an on- site clubhouse with a state-of- the-art fitness center, yoga/car - dio studio, billiards room and a full-service business center. Outdoor amenities at Union Flats include a resort-style salt - water swimming pool, picnic and grilling areas, outdoor fire
pit, playground and a dog park. Kinsley Properties hired Kinsley Construction and Warehaus Design to support development of Union Flats. About Kinsley Properties: Founded in 1980, Kinsley Properties is a fully integrated real estate developer that focus - es on providing lease spaces for office, retail, manufacturing, warehouse and institutional us - ers in the Mid-Atlantic region. Located in York, PA, Kinsley Properties provides real estate management and development services to the surrounding areas. MAREJ
ECHANICSBURG, PA — York-based commercial real es-
tate developer Kinsley Prop- erties has delivered the third and final phase of development on its luxury apartment com - munity in Mechanicsburg, Union Flats. The last phase of the Union Flats development in Cum - berland County includes 144 apartment units across six new buildings. Now completed, the multifamily complex has 15 three-story apartment build - ings with a total of 360 one- and two-bedroom units. “We are thrilled to be deliver - ing the final piece of the Union Flats development and provid - ing new luxury housing options to meet the growing apartment demands on the West Shore,” said Timothy Kinsley, Presi - dent of Kinsley Properties. “We are committed to delivering a residential community that exceeds the quality of residen - tial units and amenities in the market.” Conveniently located near Interstates 81 and 83, Union Flats is at the center of Cum - berland County and just a short drive from Harrisburg and the county seat in Carlisle. Leasing activity has been strong since the first phase opened in 2017. The multifamily complex has remained near full occupancy since its inception and leasing interest remains extremely high in phase three. The apartments at Union Flats feature a modern design Marcus &Millichap arranges the sale of a 7-unit apartment building in Phila. PHILADELPHIA, PA — Marcus & Millichap an- nounce the sale of 718-720 & 724 South 3rd St., a 7-unit apartment property located in Philadelphia. The asset sold for $1,187,500. Clarke Talone, Luke Bi- anchino, AndrewTownsend, Daniel Bernard a nd Ridge MacLaren , investment spe - cialists inMarcus &Millichap’s Philadelphia office, had the list - ing to market the property on behalf of the seller. The buyer was secured and represented by Talone, Bianchino, Townsend, Bernard and MacLaren, The portfolio is located in the desirable Queen Village neigh - borhood of Philadelphia. MAREJ
Union Flats
QUALITY COMMITMENT PERFORMANCE
Geotechnical Design & Analy
nvironmental Site Assessments and
www.earthengineering.com Corporate Headquarters: 610-277-0880 Lehigh Valley: 610-967-4540 Central PA: 717-697-5701 South Jersey: 856-768-1001
Made with FlippingBook - professional solution for displaying marketing and sales documents online