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Net lease on PinnacleHealth office sold for $4.26M

By - Last modified: January 25, 2013 at 10:33 AM

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The Lower Paxton FamilyCare, a net-leased medical office building on Patton Road in Lower Paxton Township, has been sold for $4.26 million, according to California-based Marcus & Millichap Real Estate Investment Services, the firm who arranged the sale.

The 13,050-square-foot office was a build-to-suit for PinnacleHealth System in 2006. The sales price is a record-high for Central Pennsylvania at $326 per square foot, the firm said in a news release announcing the deal.

Susquehanna Township-based FMC Investments LLC was the seller and Chester County-based REBCOR Inc. was the buyer, according to Dauphin County court records.

 

Jason Scott

Jason Scott

Jason Scott covers state government, real estate and construction, media and marketing, and Dauphin County. Have a tip or question for him? Email him at jasons@cpbj.com. Follow him on Twitter, @JScottJournal. Circle Jason Scott on .

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