While industrial sales volume has fallen to pre-pandemic levels in the Lancaster County commercial real estate market, office and retail activity are surprisingly strong.
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Commercial real estate market still busy in York County
The York County commercial real estate market showed signs of strong activity in the third quarter, although the once-frenetic pace has cooled.
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Broad Street Market welcomes new executive director
Harrisburg’s Broad Street Market is under new leadership.
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Hanover commercial real estate “in its own world”
The industrial real estate market in the greater Hanover area was very tight in the first half of 2022, with a vacancy rate of less than 1%.
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On the move: Power Train East/West York LLC, Landmark Homes and more
Businesses that recently sold, purchased or leased properties include: The Smooth Generation, Pizzeria 211, B&T Lancaster Owner LLC and more.
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Mortgage rates slip below 5%
For the first time since April, the 30-year mortgage rate average has fallen under 5%. Freddie Mac’s Primary Mortgage Market Survey, released Thursday, showed the average for a 30-year, fixed-rate mortgage was down to 4.99%.
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Camp Hill launches farmers market
“Market on Market,” a new Camp Hill farmers market, will be open to the public 3-7 p.m. Tuesdays through Nov. 22 in the Trinity Lutheran Church parking lot, 2000 Chestnut St.
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New utility and telecom portfolio company expands into Midwest
Hershey-based Forward Solutions, a newly formed portfolio company of lower middle market private equity fund Osceola Capital, has acquired Utility Sales Associates, a provider of outsourced sales services for utilities and telecommunications equipment manufacturers.
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AG announces $8M settlement with Wawa following security breech
State Attorney General Josh Shapiro announced an $8 million agreement with Wawa on Tuesday to resolve a December 2019 data breach that compromised approximately 9.1 million payment cards in Pennsylvania and 34 million used across all Wawa stores.
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US existing-home sales decline for the fifth straight month
Across the country, existing-home sales in June fell for the fifth consecutive month to a seasonally adjusted annual rate of 5.12 million, the National Association of Realtors reported Wednesday.
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Walmart to build huge e-commerce warehouse in Franklin County
Walmart announced plans Friday to build a high-tech fulfillment center in Greencastle, Franklin County, one of four the retailing giant is constructing nationwide.
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Why we don’t fear the ‘bear’
If we have learned anything from over 100 years of combined experience serving individuals, families and business owners, it is that none of us should be in the habit of attempting to predict what the stock and bond markets do next.
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Harrisburg rents stabilize
Rents in Harrisburg fell slightly from February to March but continue to be up substantially from the year before.
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Harrisburg-area home prices rise by double digits in February
With inventory still in short supply in the Harrisburg-area housing market, median sold prices in February jumped by double digits from the year before.
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Residential housing prices in York, Adams counties continue to rise
Through the first two months of 2022, home sales in York and Adams counties are the same as a year ago, while prices keep climbing.
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