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Michael Curran negotiates transaction on behalf of

CBRE arranges 76,972 s/f sale leaseback of two office buildings in Mechanicsburg


MECHANICSBURG, PA — CBRE has arranged for the sale of two office buildings, totaling 76,972 s/f, in Mechanicsburg. Linlo Properties acquired both properties and Members 1st Federal Credit Union has leased back a portion of both buildings as they begin the due diligence phases for a new corporate headquarters. “Here at Linlo we could not ask for a better acquisition pairing to start 2019,” said Sarah Gates, Linlo portfolio manager. “We continue to see the strength of the Rossmoyne Business Park and feel that these assets complement our existing offering well. We thank Members 1st for the opportunity and for their professionalism throughout the entire deal process.” Members 1st is exploring the option to consolidate operations into one facility at a new corporate headquarters in Hampden Twp., although details have not been finalized.

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