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Grocery-anchored Ephrata shopping center sold
Ephrata Commons, a grocery-anchored shopping center in Lancaster County, has been sold.
I-78/I-81 industrial market sees modest rebound
The I-78/I-81 industrial corridor saw 422,000 square feet of absorption in Q3 2025, but overall occupancy remains below 2024 levels, CBRE reports.
I-78/I-81 Corridor commercial real estate activity picking up
Commercial real estate along the I-78/I-81 corridor rebounded in Q2 2025 with 5M sq. ft. leased and strong demand expected into Q3 despite high vacancies.
Vacancy rate high, but stable along I-78/I-80 industrial corridor
The commercial vacancy rate along the I-78/I-80 industrial corridor continues to rise as a drop-off in pandemic-era demand for space and concerns about current economic conditions have impacted the market.
Higher interest rates show effect on industrial real estate as market softens
While many industrial real estate analysts have been saying that the region is currently a “landlord’s market,” Bill Wolf, vice chairman of CBRE said the second quarter saw some balance returning to the market along the I-78/I-81 corridor and potential tenants may be able to find a break.
CBRE sells Mechanicsburg PA Court IT facility
CBRE said it has sold 5035 Ritter Road, a 57,000-square-foot mission critical office property in Mechanicsburg. Triple Crown Corporation acquired the property, which is NNN (Triple Net) leased to the Administrative Office of PA Courts.
I-78/I-81 Industrial real estate corridor stabilizing to pre-pandemic levels
The industrial real estate market along the I-78/I-81 corridor remains strong despite a slowdown in the market in the last few quarters.
Industrial rents rising across I-78/I-81 corridor
While the vacancy rate may be normalizing after a period of rapid absorbtion, the demand for Class A industrial space is still strong, said Vince Ranalli, senior vice president at CBRE, a commercial brokerage firm.
Carlisle retail building sells for $5M, 7-Eleven signs long-term lease
A newly built-to-suit retail listing at 1003 S. Hanover St., Carlisle, sold for $5.05 million, CBRE announced.
Luxury bathroom fixture distributor relocates to York
A wholesale distributor of luxury bathroom products has moved from Secaucus, New Jersey to a 70,000-square-foot industrial space at 145 Morgan Lane in York.
Automating warehouses not a threat to labor force
The use of automation in warehouses won’t impact the workforce, at least for now.
Industrial rents hit record levels even as market cools on I-78/I-81 corridor
Following a slowdown in the fourth quarter of 2022, the I-78/I-81 corridor saw an uptick in leasing activity for the first quarter of 2023.
