Harrisburg, PA–March 25, 2016— CBRE Group, Inc. (CBRE) is pleased to announce that Michael Curran, Jeremy Shyk, Steve Marzullo and Adam Silverman have brokered the sale of an 87,000 square-foot Class A office building in Harrisburg, Pennsylvania. The building, historically referred to as the AT&T building, is located at 2550 Interstate Drive. During the transaction CBRE represented the seller, Lexington Harrisburg L.P., an affiliate of Lexington Realty Trust (NYSE:LXP). The buyer was Linlo Properties and was represented in house.
“This office building is one of a few highly sought after Class A, large floor plate suburban office properties in the Harrisburg market,” said Michael Curran. “This deal aligned with the buyer’s recent aggressive acquisition strategy and highlights the strong demand for well-located Class A office facilities in the suburban Harrisburg market.”
Built in 1998, the building’s investment grade tenants include AT&T, Crump Insurance and AXA Financial.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
