Sign In
Free Newsletter
Trump Administration DOGE department terminates over $1.4 million in midstate commercial leasing
The U.S. Department of Government Efficiency, or DOGE, recently terminated two commercial leases held by federal departments in central Pa., totaling $1.49 million in annual rent.
New federal ban on non-competes faces challenge from U.S. Chamber
The U.S. Chamber of Commerce filed a lawsuit on Wednesday against the Federal Trade Commission over a new ruling expected to ban nearly all non-compete employee agreements.
JPMorgan Chase opens first Central Pa. branches
JPMorgan Chase has officially expanded its footprint into Central Pennsylvania.
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%.
Harrisburg’s Olde Liberty Square sells for $16 million
Olde Liberty Square, a collection of four office properties at 4807-4815 Jonestown Road in Lower Paxton Township, Harrisburg, was purchased by a New York-based investment firm for $16 million.
Designing office spaces with COVID-19 in mind
Commercial real estate projects have returned for architectural and design firms but they look different as businesses design office spaces with COVID-19 and other respiratory viruses in mind.
UPMC opens new heart and vascular institute offices in York and Lancaster counties
Harrisburg-based UPMC Pinnacle opened two new UPMC Heart and Vascular Institute offices in the midstate on Monday; one in Shrewsbury Township, York County, and another and Warwick Township, Lancaster County.
Former Lebanon elementary school considered for apartment or office conversion
A Rapho Township, Lancaster County developer is proposing a $7 to $9 million redevelopment project that would convert a former elementary school in Lebanon to office space or housing.
Where do offices fit in a post COVID environment?
The commercial real estate industry has yet to see how changing attitudes surrounding virtual work will affect the midstate’s stock of office properties. And while many offices may still close in the coming months, experts in the region think the need for physical office space will prevail.
