M id A tlantic Real Estate Journal — Pennsylvania — May 2024 — 11B
www.marej.com
P ennsylvania
SVP Matt Wolf arranges sale of 60-unit Stonecreek Court in Ephrata The Kislak Company, Inc. sells Lancaster County, PA apartments for $11.7 Million
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one-bedroom apartments, 20 two-bedroom apartments and 10 three-bedroom apartments. Units feature high-end finish- es, center kitchen islands, gas fireplaces and vaulted ceilings with outdoor access via patio or balcony. The property is located in a quiet neighborhood in the highly rated Ephrata School District. It is ideally located close to Lancaster City, Berks and Lebanon Counties with the PA Turnpike just minutes away for an easy commute. Wolf joined Kislak in 2017 following over a decade of suc-
PHRATA, PA — The Kislak Company, Inc. announced the recent
cess in the commercial real estate industry focused on mul- tifamily and other investment sales transactions in central and eastern Pennsylvania. In 2020, he earned the firm’s Jay I. Kislak Producer of the Year award after selling over 1,100 residential units valued at nearly $100 million and in 2022, he earned the firm’s Sima Kislak Jelin Salesperson of the Year award. Wolf is a Certified Commercial Investment Mem- ber and also holds a Pennsylva- nia real estate broker’s license. He was promoted to a senior vice president in 2022. MAREJ
sale of Stone- creek Court Apartments, a 60-unit apartment complex at 2-93 Stone- creek Court in Ephrata, Lancaster C o u n t y ,
Matt Wolf
Pennsylvania, for $11,700,000. Kislak marketed the property on an exclusive basis with se- nior vice president Matt Wolf handling the assignment and he also procured the purchaser. Wolf said, "This was a tro- phy asset built in 2008 and sold by the original developer. We received 12 aggressive of- fers and ultimately closed with a longstanding client that has a number of other properties in the area.” The property consists of five, two-story buildings with a total of 60 stabilized, luxury residential units with park- ing situated on 6.22 acres. The units mix includes 10 ROCK brokers 5,940 s/f lease in York, PA 1239 Roosevelt Ave. YORK, PA — ROCK Com- mercial Real Estate an- nounced that Lama Food, LLC has inked a 5,940 s/f lease at 1239 Roosevelt Ave. in York, which is owned by Dean’s List Realty, LLC. This is the second location for the York- based restaurant, Chef Lama Indian Nepali Cuisine. The original location at 3320 East Market St. “We decided to open a second location in West York because there is a gap in the market for Indian Nepali cuisine,” said Chef Lama. “We believe the location between Route 30 and I-83 will offer us an opportu- nity to attract customers from a wide area.” Nate Resh and John O. Birkeland, CCIM , of ROCK Commercial Real Estate, bro- kered the transaction. MAREJ
2-93 Stonecreek Court
AUCTION JUNE 27, 2024 AT 1PM 230 ± ACRE FARM ϲϱϯ&h,ZDED/>>Zͮ ,EKs ZWϭϳϯϯϭ
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