Camp Hill, PA (January 25, 2024) – In a significant milestone, All About Kids, a prominent local daycare, has successfully acquired a property at 5750 Derry Street, Harrisburg, PA. The property, which the buyer has been occupying for over 20 years as a tenant, marks a strategic move for the business. This positions All About Kids for continued success in the local community, leveraging the property’s location and suitability for their operations.
The acquisition process was skillfully managed by Mike Rohm, CCIM, MAI, Senior Associate, and Nick Martin, Associate at Landmark Commercial Realty, bringing in valuable valuation and brokerage expertise. This comprehensive approach ensured a well-informed and successful transaction for All About Kids. Mike Rohm’s extensive background in property valuation prompted the referral from another respected real estate professional, initiating the relationship with the buyer.
Through a careful and precise negotiation process, the acquisition team successfully navigated negotiations, culminating in the agreement on a purchase price of $749,000—representing a price approximately 20% below a third-party appraised value.
“We pride ourselves on the full-service philosophy at Landmark Commercial Realty—a commitment that extends beyond traditional brokerage,” said Mike Rohm, CCIM, MAI, Senior Associate, at Landmark Commercial Realty. By synthesizing my background in valuation with Nick’s background in tenant representation, we not only secured a strategic acquisition for the buyer, but also at a price point that provides instant equity and security for future growth. We have a unique value proposition that was on full display in this transaction.”
Art Campbell of Campbell Commercial Real Estate represented the seller in this transaction, and his expertise played a crucial role in ensuring a smooth and successful transfer of ownership.
About Landmark Commercial Realty / TCN Worldwide
Landmark Commercial Realty, established in 1988, is a full-service commercial/industrial brokerage firm headquartered in Harrisburg, Pennsylvania, focusing on the South Central Pennsylvania region. Serving more than 200 markets globally, Landmark is a member of TCN Worldwide, with more than 1500 brokers and salespeople.
The post All About Kids, Local Daycare, Successfully Acquires Long-Held Property at 5750 Derry Street, Harrisburg, PA appeared first on Landmark Commercial Realty.