4251 Crums Mill Road, Harrisburg, PA 4251 Crums Mill Road, Harrisburg, PA

HARRISBURG, PA—York County private investor Crumil is acquiring 4251 Crums Mill Road, Harrisburg, PA, a 21,440-square-foot single-tenant office building occupied by Merakey Corporation, a developmental, behavioral health, and education non-profit provider. The property sold for $3.4 million.

Craig Dunkle, senior associate in Marcus & Millichap's Philadelphia office, had the exclusive listing to market the property on behalf of the seller, Jerich II, a private investor based in Dauphin County. Dunkle also secured the buyer.

“The property was very well received by local and regional investors,” says Dunkle. “The seller was looking to invest in other commercial real estate opportunities and the buyer wanted to acquire a stabilized investment property with a strong tenant.”

The Merakey office building is minutes away from Interstate 81 and the Interstate 83 interchange; less than a mile away from the Colonial Park Mall and Route 22 (Jonestown Road), a major retail corridor in North East Harrisburg.

Merakey recently signed a new seven-year lease that incorporated a brand new built-to-suit fit-out space. There were numerous capital improvements including HVAC, roof, paved parking lot, new exterior, new floorings, new electrical systems, and security systems.

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Steve Lubetkin

Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].