100 First Avenue in Gouldsboro PA for $31 million
Harrisburg’s Olde Liberty Sells for $16 million
Danville’s Buttonwood Apartment Complex Sells for $10.25 million
Camp Hill, PA (February 2, 2022) – Landmark ends a historic year in 2021 closing some of their largest sale transactions for the company ever. Safe Haven Group, LLC acquired a 390,000 SF Class A distribution facility at 100 First Avenue in Gouldsboro from Exeter Property Group; Empire Liberty Square, LLC purchaseda portfolio of four office properties totaling 102,522 SF at 4807-4815 Jonestown Road in Lower Paxton Township, Harrisburg, from Room One Corporation; The Howard at Danville, LLC purchased Buttonwood Rentals, LLC apartment complex containing 72 two-bedroom, one-bathroom units located at 12 Co-op Court, Danville.
Olde Liberty Square
Olde Liberty Square consists of 61 fully leased office suites across four office buildings. The property offers excellent visibility on Jonestown Road, along with convenient proximity to I-81 and I-83. Tenants include: Bayada Nurses,Inc., Berkeley Insurance Company, Don Jacobs Insurance Services, Farmers Insurance/Lamont Hess, IVExpress,Inc., Respitech Medical Inc., TAB Staffing, LLC, University of Phoenix, Ability Prosthetics & Orthotics, LLC., and many other professional office users. Bo Mangam, Associate Broker of Landmark Commercial Realty, represented the buyer and facilitated the office property transaction.
Buttonwood Apartments/The Howard at Danville
The 72 two-bedroom/one-bathroom apartment complex, conveniently located near Route 11, Interstate 80 and the Geisinger Medical Center, was built in three phases that began in 2016 and finished in 2019. 20% of the complex is master leased to Geisinger Medical Center for its traveling nurses. Michael Rohm, CCIM, MAI, a Senior Associate at Landmark Commercial Realty / TCN represented the seller.
100 First Avenue – Covington Industrial Park
The 390,000 SF Class A distribution facility was acquired from Exeter Property Group by a holding company for Broad Range Logistics of Atlanta, GA and will serve as their new Northeast DC for the existing customer base they service. Built to institutional best in class standards for Maytag, the tilt up concrete, cross docked logistics property can be expanded up to 450,000 SF and is situated amongst corporate neighbors including Amazon, FedEx, Costco, Johnson & Johnson & NFI Industries.
Barb Murdocca, C.O.O. with Landmark, said, “We began 2021 with a new owner and executive team and we closed the year out with our highest overall transaction volume in our 34-year company history, which is not coincidental. The Olde Liberty transaction earned Bo Mangam the title of the top producing sales agent on our team, while The Howard deal was sourced by Michael Rohm, CCIM, MAI, who has only been with us for three months. What a way to close out the year! We are excited to see what lies ahead for the new Landmark Team as we continue to grow and add experienced and talented individuals to our team looking to leverage our services platform and team focused approach.”
To view more of Landmark’s recent transactions or for more information, please click here.
About Landmark Commercial Realty / TCN Worldwide
Landmark Commercial Realty, established in 1988, is a full-service commercial/industrial brokerage firm headquartered in Harrisburg, Pennsylvania, focusing on the South Central Pennsylvania region. Serving more than 200 markets globally, Landmark is a member of TCN Worldwide with more than 1500 brokers and salespeople.