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Chicago investor holds winning ticket: Pa. Lottery HQ sold for $14.9M

Current Lottery lease runs thrugh 2022 with five-year renewal option

The Pennsylvania Lottery's 136,000-square-foot building was constructed in 2007 in Lower Swatara Township. - (Photo / LoopNet)

A real estate investor is buying the Dauphin County home of the Pennsylvania Lottery.

A Chicago-based company known as Boyd Middletown DGS LLC closed Tuesday on a $14.9 million purchase of the Lottery headquarters, according to Bill Rothman, founder of Lemoyne-based RSR Realtors, who listed the property for the seller, Platinum Plus Partners III LP.

Platinum Plus bought the property at 1200 Fulling Mill Road in 2006 for nearly $1.3 million, according to Dauphin County records. In 2007 it built a facility for the Pennsylvania Lottery.


The lottery has a lease through 2022 with a five-year renewal option, according to Rothman. It is a single-story building on a 12.5-acre lot with nearly 40,000 square feet of warehouse space and more than 97,000 square feet of office space.

The property, which was listed in December, also has about 200 surface parking spaces.

The Pennsylvania Lottery leases the entire building, Rothman said. Lottery vendor Scientific Games is a subtenant. 

 

Due to inaccurate information provided, this story was corrected to reflect that Scientific Games is a subtenant in the building.

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