14D — November 8 - 21, 2013 — Pennsylvania — Mid Atlantic Real Estate Journal
www.marejournal.com
P ennsylvania
Coyne represented the seller Fidelity Commercial executes a $1.832 million sale
Remmel, Heller & Bobincheck rep. seller Landmark Comm’l. arranges purchase of 8 post offices
CENTRAL PA — B.I.L. Holdings has purchased a package of eight federally leased post offices throughout the Central Pennsylvania, MD and W. VA markets. David Remmel, SIOR, president, Chuck Heller , associate bro- ker and Drew Bobincheck, CCIM of Landmark Com- mercial Realty handled the transaction on behalf of the seller. General Floor Industries, Inc. has leased 7,500 s/f of flex warehouse space in the Running Pump Business Cen- ter located at 499 Running Pump Rd., Lancaster. Jason Grace, CCIM, SIOR and vice president at Landmark Com- mercial Realty negotiated the lease transaction between the tenant and landlord. CAIU has leased a 5,800 s/f commercial building located at 4746 Delbrook Rd., Me- chanicsburg. Roy Brenner and Thomas Posavec, SIOR of Landmark Commercial Realty represented the tenant and Jim Helsel of Helsel, Incorporated, Realtors represented the landlord. PA Nurses Association has leased 3,404 s/f of office space
located at 3605 Vartan Way, Harrisburg. Posavec of Land- mark Commercial Realty ne- gotiated the long term lease arrangements on behalf of both the tenant and landlord, The Vartan Group. 514 N. Progress LLC has purchased a 3,000 s/f commer- cial property located at 514 N. Progress Avenue, Harrisburg. Brenner represented both the buyer and seller. American Education Consul- tants, LLC has leased 1,300 s/f of office space at 3675 Vartan Way, Harrisburg. Seymour Barget of Landmark Com- mercial Realty represented both the tenant and landlord. Professional Properties LLC has purchased the Aldwyn Court Apartments located at 1001 Spring St., Middletown. Bobincheck and Heller negoti- ated the transaction between the seller and the buyer. Randy Perez and Francesco Nunez have leased a 0.5 acre lot at 2158 West Harrisburg Pike, Middletown to operate a TagAgency. Bogumila “Bo” Mangam of Landmark Com- mercial Realty handled the lease negotiations between the tenant and landlord. n
M
alvern, PA — Thoma s Coyne of Fidelity Com-
m e r c i a l represented the seller in the sale of a 30,000 s/f f l ex bui ld- ing at 380 Lapp Road, Ma l v e r n , PA.
380 Lapp Road
Thomas Coyne
Finch of Triad Commercial Properties handled the trans- action for Jerich II, LLC the property owner. Red Privet, LLC, a web de- sign and marketing company, has renewed their lease and expanded into a total of 4,719 s/f of office space at 415 Mar- ket St., Harrisburg. The Bill Gladstone Group of NAI CIR handled the transaction between Red Privet and the property owners, The Rede- velopment Authority of Har- risburg. NHS Pennsylvania, a human services provider, has leased a 2,753 s/f office suite at 801 East Park Dr., Lower Paxton Twp. The Bill Gladstone Group of NAI CIR handled the trans- property had been previ- ously occupied for over 11 years by Johnson Matthey. The buyer plans to utilize a portion of the property and has expressed plans to lease
action for NHS and Patriot Investment Associates, the property owner. Omni Aide Health Care Agency, a home health care company, has leased a 1,048 s/foffice suite at 1801 Oberlin Rd., Lower Swatara Township. The Bill Gladstone Group of NAI CIR handled the transac- tion for Omni and TOCOberlin, LLC the property owner. SJGrater, LLChas purchased an approximately half-acre investment property at 4121 Locust Lane, Lower Paxton Twp. James Ross of NAI CIR handled the transaction for SJGrater and Chris Moyer of Jack Gaughen represented Linda Minnier, the property owner. n the balance of the space to a tenant. The property sold for $1.832 million or $61.07 per square foot. Any further questions please call Thomas Coyne, Sr. n
The property is situated in the Great Valley Corporate Center and consists of 12,000 s/f of office area and 18,000 s/f of warehouse space. The
NAI CIR’s Bedard brokers 22,000 s/f lease
Lower Paxton Twp., PA —Branch Banking & Trust Company of North Carolina
and Crump I n s u r a n c e have renewed the i r l ease f o r 2 2 , 0 0 0 s/f of office space at 4251 Crums Mill Rd . , Lower Paxton Twp. Joseph Be- dard of NAI CIR handled the transac- t i on on i t s behalf. Hap Royster,Wil- liam Woltz & B o b b y
Joseph Bedard
Adams of Nai Summit sells land for a 40,000 s/f industrial building
James Ross
Colliers International | Pittsburgh completes 10,000 s/f lease at 6024 Broad St. in East Liberty
East Liberty, PA — Colliers International | Pittsburgh announced the lease of office space located at 6024 Broad St. in East Liberty. Alphalab Gear, a program of Innovation Works, leased a 10,000 s/f office space. Paul Horan , founding prin- cipal, and Mark Anderson , vice president of office and retail brokerage of Colliers International | Pittsburgh, represented the landlord, The Wedgwood Group. Patrick Gruden of CBRE represented the tenant, Alphalab Gear. “Alphalab Gear and Innova- tion Works’ presence on Broad
5000 W. Tilghman St.
Allentown, PA — NAI Summit’s MikeAdams rep- resented the buyer, Polaris Dozen LP, in the sale with JZ Properties, of Lot 9 in Baglyos Circle in Bethlehem. Polaris Dozen LP plans to build a 40,000 s/f industrial building for an online re- tailer. In addition, NAI Summit’s John Crampsie was re- tained by Progressive Casu- alty Insurance Co. to repre- sent them in a 5 year lease transaction of approximately 7,075 s/f of office space at 5000 W. Tilghman St. in Al- lentown. Mike Adams of NAI Sum- mit represented the owner, Route 512 Associates LLC, in the lease transaction of
7661 Beth Bath Pike in East Allen Twp. The new tenant, Penn Detroit Diesel, plans to use the space as a warehouse location for this region Also in Allentown, Cramp- sie represented the owner, Lee &Kurt Kelechava, in the 5 year lease transaction with Moretas’ Auto LLC, an auto body repair and painting service shop. Jay Haines of NAI Summit represented the lessee for the 6,316 sf space located at 409 Business Park Lane in Allentown, PA. Haines also leased flex space at 23 South 6th St. in Emmaus. Haines represent- ed the tenant, Funk Brewing Co. LLC, in the lease trans- action of 2,775 sf with The Frederick Group . n
6024 Broad St. in East Liberty
vibrancy and activity that they will bring to the area will help to solidify East Liberty as Pittsburgh’s tech hub.” n
St. could have a transforma- tive effect on not only Indigo Square, but East Liberty as a whole,” said Anderson. “The
Lower Nazareth Township, PA — ALT Re- alty, LLC represents seller in land sale located in Lower ALT Realty represents seller in Lower Nazareth Twp. land sale Nazareth Township. Gregory Schiavone re- cently represented BT Man- agement in the disposition of 50.43 acres of land, zoned for flex/industrial development, located in Lower Nazareth Township. n
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