Most counties in central Pennsylvania reported a double-digit drop in home sales in 2022 from the previous year and a double-digit increase in median price.

Rock Commercial Real Estate, with offices in York and Lancaster, reported $16 million in sales transactions and 435,234 square feet in lease transactions in the fourth quarter of 2022.

Commercial real estate services firm Levin Management Corp. announced a pair of transactions at High Pointe Commons, a 325,000-square-foot regional shopping center in Swatara Township.

The Jonestown/Hershey NE KOA Journey campground has been acquired by Cedarline Outdoor, a portfolio company of Miami-based private equity firm Halmos Capital Partners.

For many years, Burger King has played second fiddle to McDonalds.

Proposals for nonprofit marketing and promotion organizations for projects designed to increase sales, export or consumer awareness of Pennsylvania hemp products were called for Monday by Agriculture Secretary Russell Redding. 

Soaring interest rates have put the brakes on the once-sizzling housing market, as the pace of local home sales continued to slow in September.

York-based Holla Spirits, a millennial-owned spirits company, will expand its sales through a partnership with ROKit Launch. 

Highlighted by a ribbon-cutting ceremony Aug. 17 at its Springettsbury Township showroom, Raymour & Flanigan has now opened its first three stores in central Pennsylvania, with a fourth on the way.

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

Fewer and fewer houses listed for sale are receiving multiple offers, real estate brokerage company Redfin reported, confirming what local agents are seeing as well.

Pennsylvania’s median home sales price climbed to $219,154 in July, up almost $3,000 from June, according to a report prepared for the Pennsylvania Association of Realtors.

As residential real estate activity cools in the region, the jump in home prices has slowed as well, though they’re still well above last year’s figures. 

Aug. 19 kicks off Lancaster City Indie Retail Week, with 78 stores participating. 

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.