Download Summer 2021 Real Estate Matters
The Return of Events Is Restarting
Lancaster’s Economic Engine ................... 1
Anniversary Milestone ............................. 1
President’s Message ............................... 2
How to Avoid Common Mistakes
in Commercial Real Estate
Transactions .......................................... 2
Chemistry and The
Approaches to Value ............................... 3
From Controller to President
An Interview with David Aungst,
President, High Hotels Ltd. ...................... 6
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From LancasterOnline
Construction of Landis Place on King, an older-adult housing project costing nearly $28 million, is expected to begin in the next two weeks, helping to address a severe shortage of rental housing here. The general contractor is High Construction Company.
In advance of that milestone, a “blessing the ground” ceremony was held Wednesday by developer Landis Quality Living at the 239 W. King St. site, formerly occupied by Rendezvous Steak Shop and House of Tacos. Demolition of the two structures began June 24.
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From LancasterOnline
Lebanon County dairy farmers Reid and Diane Hoover had a heavy decision on their shoulders at the start of this year.
They're co-chairs of the National Holstein Convention, which was originally slated for the Lancaster County Convention Center in June 2020 but postponed by the pandemic to this summer.
When 2021 rolled around, the Hoovers had to choose whether to recommend holding the convention as scheduled or delaying it again. This time, though, the circumstances were different. So the Hoovers and state Holstein association leaders urged the national association to go forward with the event. Holstein USA concurred.
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Download Summer 2021 Real Estate Matters
Penn State Health Kicks Off
Lancaster Pediatric Center ............................1
Armstrong Flooring Inc.
Tech Center Opens ......................................1
President’s Message ....................................2
Meet Screen-free in Your
Executive Office ..........................................2
As COVID Recedes, Hospitality
Slowly Regains Its Footing ............................3
Introducing Villages at Greenfield ..................4
How to Find a Great Location
for Your Retail Business ................................5
Three Principles of Continuous
Improvement that General
Contractors Overlook ..................................6
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Leaders from High Real Estate Group and High Construction joined local officials at Penn State Health's construction project kickoff for what will be the largest pediatric specialty outpatient practice in Lancaster County.
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Download Spring 2021 Real Estate Matters
In This Issue
C&I Council:
Recovering from COVID-19...................... 1
The Greater Lancaster
Heritage Pathway..................................... 1
President’s Message.................................. 2
Five Considerations
When Leasing Space................................. 2
Lancaster Market – Key Observations..... 4
Security Deposits Critical to
Leasing Agreements................................. 7
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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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