Three Lancaster natives have founded a new land development company for multi-family residential and industrial projects that they say will enhance long-term economic growth in the midstate.

The commercial real estate market in York and Lancaster counties is showing positive signs in all sectors as the local economy emerges from the COVID-19 recession, a report shows.

BURLE Business Park, a 1.2 million square-foot multi-tenant mixed use office and industrial park in Lancaster has been sold for $30 million.

Cumberland County-based manufacturer Harsco Corp. sold its boiler manufacturing business in Monroe County this month as it continues to divest its industrial segment.

Hemp farming is expected to grow significantly in Pennsylvania, but processing facilities could be slow to develop.