Today we’re taking a look at all of the real estate transactions in Dauphin County that were at least $5 million, according to county records. They included medical facilities, housing complexes, office complexes, a school and two pieces of land.
There were 10 real estate transactions in Dauphin County that hit the $10 million mark and above in 2019 compared to just four this year, according to Dauphin County property records.
Of those four real estate transactions one topped $30 million and two topped $20 million.
The largest transactions took place in just six of Dauphin County’s municipalities: Swatara Township, Derry Township and Lower Paxton Township, Susquehanna Township, Harrisburg and Londonderry Township.
Seven of the transaction took place before the COVID-19 pandemic and notably none of them were in April, May and June, when the state shutdown put a halt to real estate sales.
Here are the top 12 real estate transactions in Dauphin County in the first half of 2020, according to Dauphin County property records:
12. Lancaster Mennonite School Hershey/St. Joan of Arc School – $5,000,000
On Jan. 24, Lancaster Mennonite School, Hershey campus, sold its school building at 1521 Sand Hill Road in Derry Township to the Saint Joan of Arc Parish Charitable Trust, Diocese of Harrisburg, for $5,000,000. St. Joan of Arc School on Areba Avenue in Derry Township plans to relocate to the 110,000-square-foot building, which sits on a 36-acre campus on Sand Hill Road.
Lancaster Mennonite, which had five campuses, decided to close its Hershey campus last year due to enrollment decline. After the third floor is completed in the new school building there will be two science laboratories and a makers space that will allow students the opportunity to work with robotics.
After the school is completed, grades preschool to first grade will be located on the first floor, second grade to fifth grade will be located on the second floor and the middle school will be located on the third floor. The new building also has a huge gym, eight soccer fields and basketball and volleyball courts. The school plans to build a new 500-seat sanctuary on the third floor of the building, which will be used by the students. The parish also plans to use the chapel for a second church for St. Joan of Arc Catholic Church.
11. 2090 N. Union Road – $5,050,000
The sale of the property at 2090 N. Union Road in Swatara Township — listed as quarry/mineral lands by the county — took place on Feb. 24. Mann Realty Associates sold it to Byler Holdings for $5,050,000. The property had been purchased at a public auction.
10. 1135 E. Chocolate Ave. – $5,375,000
On Jan. 10, Indiju Investors in Derry Township, represented by Barry Moss and Krupal Desai, sold the office building at 1135 E. Chocolate Ave in Derry Township to Milton 1135 East Chocolate Avenue LLC, which is affiliated with Leeton Real Estate Inc. in Tarrytown, New York for $5,375,000.
9. UPMC Pinnacle Chambers Hill Primary Care – $5,394,000
On Jan. 22, 2020 Chambers Hill PH LLC of Wormleysburg, represented by Dennis Schmidt, sold the property at 5400 Chambers Hill Road in Swatara Township to UPHBGPA02 LLC, a company with a Rhode Island address, for $5,394,000.
8. 915 E. Harrisburg Pike – $6,081,410
On Dec. 1 ,Tuck A Way II LLC/George Desmond sold the farmland and buildings at 915 E. Harrisburg Pike in Londonderry Township to Atlanta-based Core5 Industrial Partners for $6,081,410. Core5 is marketing the property for two large warehouses that are expected to be available in the fourth quarter of 2021.
7. Apartments on Middletown Road, Derry Township – $6,700,000
On August 3, Long View Ventures in North Londonderry Township, Lebanon County, purchased the apartments at Middletown Road from Derry Township-based TJD Family LLC/Thomas Dedonatis in Derry Township for $6,700,000.
6. PinnacleHealth facility – $7,812,000.
On Jan. 22, Sir Thomas PH LP of Wormleysburg represented by Dennis Schmidt sold the medical office building at 805 Sir Thomas Court in Lower Paxton Township to ARHC UPHBGPA01 LLC1, a company with a Rhode Island address, for $7,812,000. The building is home to PinnacleHealth Familycare Union Deposit, Pinnacle Health Internal Medicine Union Deposit and PinnacleHealth Medical group, Union Deposit.
5. Aldi/FedEx building – $8,100,000
The property that houses an Aldi grocery store and a FedEx Office Print & Ship Center at 4702 Jonestown Road in Lower Paxton Township sold for $8.1 million on Sept. 9. Kahn Joint Venture LLP acquired the property from Williams Development Partners, according to CBRE, a commercial real estate company that was involved in the negotiations of the real estate transaction. Williams Development Partners is a sister company of A.P. Williams in Susquehanna Township.
The 22,716-square-foot property was built in 1987 and fully renovated in 2018. Aldi has more than 14 years remaining on their lease, while FedEx recently signed a new 10-year lease, according to CBRE. The property previously housed an NB Liebman furniture store. The FedEx store relocated from a nearby space at 4800 Jonestown Road. Aldi opened on the site of the former furniture store back on August 30, 2018.
4. Olde Liberty Square – $14,600,000
On March 6, OLS Partners, an affiliate of L&D Properties Ltd. in Lower Paxton Township sold Olde Liberty Square, an office complex, at 4807, 4811, 4813, 4815 Jonestown Road in Lower Paxton Township to Room One Corporation in Derry Township for $14,600,000.
3. Olcam Building – $20,500,00
On July, 24 the Olcam Corporation/Peggy Grove sold the office complex at 1171 S. Cameron St. in Harrisburg to Harrisburg PA III SGF LLC/Hugh Nisbet of Boyd Watterson Asset Management in Chicago, Ill., for $20,500,000. Currently, the building is occupied by three Pennsylvania State Government agencies: Bureau of Disability, Bureau of Workman’s Compensation and State Workers’ Insurance Fund, according to CBRE, who represented the seller in the transaction.
The Olcam Corporation had invested more than $700,000 in capital improvements over the last five years including a new boiler, heat pump and cosmetic updates. The 31-year-old property sits on a 3.72-acre parcel with 314 parking spaces and an additional 82 parking spaces located at 1000 S. Cameron St., CBRE said. The parking lot was included in the deal.
2. Chesapeake Estates Grantville – $21,040,000
On Nov. 4, Michigan-based RHP Properties purchased the mobile home park at Fox Run Road L2 in East Hanover Township for $21,040,000. There are 347 home sites in the park, according to RHP.
1. Spring Creek Rehabilitation and Nursing Center – $37,575,000
On Feb. 12, 1205 S 28th Street LLC, a Brooklyn, New York, company represented by David Katz, sold the Spring creek Rehabilitation and Nursing Center at 1205 S. 28th St. in Swatara Township to 1205 South 28th Street LLC, a Cherry Hill, New Jersey, company represented by Steven Rosenzweig, for $37,575,000.
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