Download: Lancaster C&I Council Presentation and Survey
High Real Estate Group President and COO Mark Fitzgerald gave a macro-level overview, including a discussion of cap markets, underwriting, investor sentiment, and cap rates. Details by market and asset class were given by Mike Lorelli, Brad Mowbray, Powell Arms, and David Aungst.
Download: Lancaster C&I Council Presentation and Survey
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Download Winter 2021 Real Estate Matters
In This Issue
Remembering Ed Hoover, 1939–2020.......1
COVID-19 and the
Future of Office Space............................2
President’s Message...............................2
RecoveryLancaster Effort Showcases
the Best of Lancaster County...................3
Retail Developments:
An Interview with Powell Arms.................7
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Apartment Construction Accelerates Following Lifting of COVID Restrictions
High Real Estate Group announced it has opened two of three buildings it is constructing for The Flats at Kennett Square at 603 Millers Hill Road. The community of 175 total units consists of studio, one-, two-, and three-bedroom models and is already approximately 40-percent leased.
High broke ground on the development in May 2019, with the intention of opening in fall 2020.
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Download Fall 2020 Real Estate Matters
In This Issue
High Real Estate Group Welcomes
Penn State Health to The Crossings at
Conestoga Creek........................................... 1
President’s Message....................................... 2
Three New Apartment Communities
Take Shape................................................... 3
What Is Most Important?................................ 4
How to Find the Best Office Space
for Your Medical Practice................................. 5
The Top Five Reasons to Involve HR
in Location and Facility Decisions..................... 7
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Complete redesign provides travelers with a ‘like new’ hotel experience in ideal central location
High Hotels Ltd, announced that it has completed a $3 million interior renovation of the Courtyard by Marriott located at 1931 Hospitality Drive in Lancaster, PA in Greenfield. Property updates include a complete redesign of the guestrooms, lobby, bistro, bar, indoor pool, and meeting space. The Courtyard Lancaster most recently made news when it became the first Marriott-branded hotel in the U.S. to become 100 percent solar-powered.
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Multi-Hospital Health System Selects Former Toys R Us Site for Expansion of Services in Lancaster County
Penn State Health has signed a lease with High Real Estate Group LLC for the 47,000-square-foot former Toys R Us building at 1430 Harrisburg Pike at the intersection of Route 30. The Hershey, Pa.-based healthcare provider will build a state-of-the-art facility offering a variety of outpatient services at the new location with an anticipated opening in winter 2021.
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Full Property Renovation
Hampton Inn Harrisburg West recently completed a full property multi-million dollar renovation. The award-winning property, led by Lancaster based High Hotels Ltd., will reopen on Wednesday, August 5. Property updates include guest rooms, public space, exterior façade, and meeting facilities
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Download Summer 2020 Real Estate Matters
In This Issue
High Real Estate Group Welcomes
Armstrong Flooring Inc. Headquarters
to Greenfield ......................................1
Better Living. Better Business.
Better Community. ............................. 1
President’s Message ........................... 2
Greenfield Development Plan ............... 4
Greenfield and Responsible Growth ....... 7
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Global flooring manufacturer will move into three transformed buildings in 2021; Comes at time when Greenfield accelerates investment for the future
Armstrong Flooring, Inc. (NYSE: AFI) will relocate its corporate headquarters to Greenfield in 2021. This comes at a time when Greenfield is enhancing its brand with new messaging, new investment, and new vitality at its 600-acre campus.
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Teams Up with Lancaster Marriott’s Plough Restaurant for National EMS Week to Pay Homage to Front-Line Workers During COVID Pandemic
In recognition of National EMS Week, Lancaster EMS first responders received artisanal meals from none other than Chef Ryan McQuillan, head chef of Lancaster’s Plough restaurant, courtesy of the High companies.
Drivers from High Associates Ltd., in High’s signature red and yellow vans, delivered nearly 100 of Chef Ryan’s meals in box lunches to Lancaster EMS members throughout Lancaster County.
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When Pennsylvania Governor Wolf closed all non-life sustaining businesses, including real estate sales and leasing, High Associates Ltd. staff immediately began working remotely.
“With the help of virtual technology during these challenging times," said Ruth Devenney, CCIM, SIOR, Associate Broker, "High Associates Ltd. assisted Power Packs® in securing a new facility in Greenfield to help meet the growing nutritional requirements for families and children in need within the Lancaster community.”
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Partnership with HACC-Harrisburg Yields Upward Mobility
High Hotels Ltd. recently celebrated the graduation of its first hospitality apprenticeship class. An event held January 15 at The S. Dale High Leadership Center in Lancaster recognized seven co-workers who each received 15 college credits and Hotel Associate-Journeyworker and ServSafe certificates.
A first-ever pilot created by High Hotels in partnership with the Harrisburg campus of Harrisburg Area Community College, the associate program launched in August 2018 and provided more than 4,000 hours of training. The pilot was funded in part by a $50,000 grant from the Pennsylvania Department of Labor & Industry.
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From LancasterOnline
Thaddeus Stevens College of Technology plans to expand its presence in East Lampeter Township with a nearly 86,000-square-foot building the college has dubbed its Transportation Center.
The building will be constructed on a new road near the college’s existing campus in the Greenfield Corporate Center. It will house Stevens’ automotive technology and collision repair technology programs, as well as a new diesel technology program starting in the fall 2021 semester.
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Download Winter 2020 Real Estate Matters
In This Issue
Luxury Apartments Break Ground
in Charlotte’s Mallard Pointe......................... 1
President’s Message....................................... 2
Unique Entertainment Experience
Comes To The Crossings ............................... 2
Hotels Stay On-Trend With Property
Improvement Plans (PIPs).............................. 3
What’s My Land Worth? ............................... 4
Responsible Growth,
an interview with Ken Hornbeck ................... 5
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From LancasterOnline
The state and the High companies intend to build a $15.3 million road on part of the “goat path” as a quicker, calmer alternative to heavily congested Greenfield Road at Route 30.
The two-lane road will begin where the “goat path” starts — at the eastern end of Walnut Street. A new bridge will take this extension of Walnut Street over Millcross Road.
The Walnut Street extension, a state road, will end at a roundabout. There it will connect to a new township road, Ben Franklin Boulevard, and go to Greenfield Road.
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From LancasterOnline
What’s described as “the most advanced movie theater in Lancaster County” will open Friday, Nov. 8 at The Crossings at Conestoga Creek on Harrisburg Pike.
Reel Cinemas brings moviegoers seven screens, 682 seats (all of them heated luxury recliners), state-of-the-art laser projection, the newest Dolby audio systems and a dining area with a liquor license.
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Meets increasing rental demand with high-end units for millennials, boomers
High Real Estate Group LLC held a groundbreaking for a new luxury, four-story apartment complex in the Charlotte suburb of Mallard Pointe. Located on an 11.76-acre tract at 11030 David Taylor Drive, Mallard Pointe will offer 260 one-, two-, and three-bedroom units with upscale finishes in three elevatored buildings. The apartments will be available for lease in fall 2020.
“The community at Mallard Pointe will provide the luxury lifestyle that is in demand among millennials and baby boomers,” said Brad Mowbray, senior vice president & managing director - residential division, High Associates Ltd. “This is an outstanding project that addresses the high end of the Charlotte rental market.”
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Grand Opening celebration marks award-winning Hotel/Convention Center’s 10-Year Anniversary
Economic catalyst redefines historic Lancaster City skyline
With a 12-story, soaring glass-windowed façade topped by a sophisticated rooftop bar, the new East Tower at the Lancaster Marriott at Penn Square and Lancaster County Convention Center rolls out an exquisite welcome mat to visitors of the Red Rose City’s historic district. The $39.4 million expansion and refurbishment project adds 110 guest rooms, equipped with advanced amenities, and a signature Marriott M Club Lounge. It could only be executed by a team of developers, designers and investors committed to preserving Lancaster’s quaint charm while boldly asserting its claim as a burgeoning mecca for tourism, dining and business investment.
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Download Summer 2019 Real Estate Matters
In This Issue
Luxury Apartments Are Coming
to Kennett Square ..............................................1
President’s Message ..........................................2
Now Open: Lancaster Marriott
East Tower and Rooftop Bar .............................2
New “Front Door” to Be Developed
at The Crossings ...............................................3
About Attorney-Client Privilege ......................6
High Giving Through PA’s EITC
Totals $100,000 ................................................7
Do You Have a Real Estate Strategy? ..............9
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From Lancaster Online
It was January 2015 when developers of the Lancaster Marriott at Penn Square proposed adding a second tower to their 300-room hotel.
Two reports had warned that a shortage of rooms within walking distance was impacting business at the adjacent Lancaster County Convention Center.
Adding capacity, they advised, would allow the complex to attract more large events and retain ones that might otherwise outgrow it.
Now, 4 1/2 years later, the finishing touches are being put on the $39.4 million project.
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