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Sgagias of NAI CIR represents seller in 132,000 s/f furniture store sale in Mechanicsburg, PA


Mechanicsburg, PA — The former N.B. Liebman Furniture, located at 4705 Carlisle Pike in Mechanicsburg, has been sold to Raymour & Flanigan Furniture. After more than 100 years in business, N.B. Liebman announced its closing earlier this year, as the owner was retiring.

Since opening their first location 75 years ago in downtown Syracuse, NY, Raymour & Flanigan has grown their retail locations throughout the Northeast. The acquisition of the 132,000 s/f retail location on the Carlisle Pike adds an additional store to their existing 130+ locations.

Nik Sgagias, of NAI CIR, represented the seller in this transaction.

NAI CIR announced the following transactions in Central Pennsylvania:

The 53,680 s/f State Street Plaza located at 829 State St. in Lemoyne has been sold. Located adjacent to the West Shore Farmer’s Market, the fully occupied plaza is comprised of 23 units, including retail, flex, and office suites. Daniel J. Alderman and David Alderman, of NAI CIR, handled the transaction.

Daniel J. Alderman also represented the seller of 10.5 acres located at 418 Schoolhouse Rd. in Duncannon. The land is adjacent to the Susquenita School District Campus along Route 11/15 and includes a two-story investment property. The property was sold to Susquenita School District.

A 17.45 AC event venue, located on Laurel Rock Lane in Mifflintown has been sold to Laurel Rock, LLC. Ryan Murray and Nik Sgagias, of NAI CIR, represented the seller and Mike Smith, of Jack Gaughen Network Services Hower and Associates, represented the buyer.

The historic Carson Coover House, a six unit luxury apartment building located at 223 Pine Street in Harrisburg has been sold to investors, 223 Pine LLC. The Vartan-owned property sold for $790,000 ($131,666 per unit) at a 6.75% cap rate. Nick Martin and Robin Zellers, SIOR, FRICS, CRE, of NAI CIR, represented the seller.

The former Harrisburg Magazine office, located at 3400 N. 6th St. in Harrisburg, has been sold to Keshav Care LLC. Nick Martin and Nik Sgagias, of NAI CIR, represented the seller and Alice Shetrom, of REMAX, represented the buyer.

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