74
HARRISBURG, PA. — Marcus & Millichap has completed the sale of a 36,303-square-foot flex property in Harrisburg for $2.21 million. The Class B property comprises two office/warehouse buildings occupied by JST Manufacturing Co. and R.E. Michael Co. The deal equates to a 10.86 percent capitalization rate. The Marcus & Millichap team of Derrick Dougherty, Jeffrey Algatt and Benjamin Appel represented the seller, Natale Realty Co., and procured the buyer, a limited liability company formed by two investors based out of northern New Jersey and New York City.