Mechanicsburg-based Pennsylvania American Water, a subsidiary of American Water, announced Wednesday that it has signed an agreement with Elizabeth Borough Municipal Authority in Allegheny County to purchase its wastewater system assets for $28 million.

Hanover-based L2 Brands, a designer, manufacturer and marketer of custom apparel and headwear for the collegiate, destination and leisure, and corporate markets, has been acquired by private equity firm Sentinel Capital Partners for an undisclosed price.

Businesses that recently sold, purchased or leased properties include: The Smooth Generation, Pizzeria 211, B&T Lancaster Owner LLC and more.

AHF Products, which last month purchased three Armstrong Flooring plants, sold and leased back five other properties in its industrial portfolio.

Larken Associates, a Branchburg, New Jersey-based real estate building, development and management company, has acquired Fairview Industrial Park, a three-building, 137,404-square-foot industrial complex at 621-641 Lowther Road, Lewisberry.

JLL Capital Markets announced this week that it closed the sale of West Manchester Town Center, a 488,037-square-foot retail complex in York County.

Wixom, Michigan-based General RV Center has purchased the former site of Messick’s Equipment in Elizabethtown for $8.75 million. 

The Redevelopment Authority of the County of York, Hanover Economic Development Corp. and the borough of Hanover announced the acquisition of the historic Hanover Theater, clearing a path for the long-vacant building’s rehabilitation.

Lancaster Harley-Davidson will reopen Tuesday under new ownership. 

York Water Co. signed an agreement April 28 to buy the water assets and wastewater collection and treatment assets of Conewago Industrial Park Water & Sewer Co. in West Donegal Township, according to a quarterly filing with the U.S. Securities & Exchange Commission. 

East Pennsboro Township-based Rite Aid confirmed on Thursday that it rejected a buyout offer from a New Orleans-based private equity firm. 

A 5.4-acre industrial property in Dillsburg has sold for $1.6 million.

Rock Commercial Real Estate announced that BAM Westgate Drive LLC purchased 47 acres on Roosevelt Avenue in West Manchester Township for $1.6 million.

-- And Harrisburg makes three. On March 4, First National Realty Partners announced its third acquisition for the week, with the addition of a Pennsylvania grocery-anchored shopping center to its portfolio.

TJ Rockwell’s American Grille’s Mechanicsburg and Elizabethtown restaurants were recently purchased by the owners of Palmyra-based restaurant Funck’s.