Lancaster PA Commercial Real Estate » Retail

Lancaster Stockyards – Office Park Transformation Under Way

thiryj — Fri, 22 Oct 2010 14:35:37 +0000

Central Penn Business Journal reports on Lancaster Stockyards progress.

Waiting for opening ceremonies to begin at the Lancaster Stockyards office park, former site co-owner Zane Kauffman remembered the glory days.

“We had so many cattle at times, we didn’t have housing for all of them,” said the 86-year-old, who began working there in 1946.

The Lancaster Stockyards, opened in 1895, once were the largest in the East. Cattle, sheep and pigs were brought in by the thousands and sold in daily auctions. But by the early 2000s the stockyards had become a defunct, decaying eyesore, the victim of a changing economy and competition from much larger Western operations.

To read the entire article, click here.

Local REIT Invests Big in Area Retail Center

thiryj — Wed, 19 May 2010 18:45:39 +0000

Cedar Shopping Centers Inc. said on Tuesday it has entered a joint-venture agreement to purchase a shopping center in Berks County for $53 million.

The 361,000-square-foot Exeter Commons occupies 37 acres in Exeter Township. Construction was completed in 2009.

The agreement is a joint venture between Cedar and RioCan Real Estate Investment Trust, a Canadian firm. The deal, which is expected to close by Aug. 1, involves New York-based Cedar as the manager of the property.

Click here to read full article.

Outstanding Retail Potential – Restaurant Building and Car Wash For Sale

thiryj — Fri, 22 Jan 2010 22:20:50 +0000

I am pleased to offer a valuable and rare commercial offering – namely an affordable operating car wash and new/clean restaurant building. Located in picturesque Lancaster County, PA there is tremendous upside potential to this property.
870WMainStBrochure