Colliers Closes Sale of Pennsylvania Lottery HQ Building

The property changed hands for almost $15 million.
1200 Fulling Mill Road, Middletown, Pa.

1200 Fulling Mill Road, Middletown, Pa.

Middletown, Pa.Colliers International recently closed on the $14.9 million sale of Pennsylvania Lottery’s headquarters building in Middletown.

Larry Kostelac, William Aiello, George Lulos, Bob Cotle and Darrin Kennedy of Colliers International led the marketing efforts, representing the buyer, real estate investment firm Boyd Middletown DGS LLC.

The 136,000-square-foot property sits on 12.5 acres and is located at 1200 Fulling Mill Road. The building has a long-term lease with the state until 2022, offering the possibility of a five-year renewal. The asset offers 40,000 square feet of warehouse and approximately 97,000 square feet of office space.

Located near several residential clusters, the building offers quick access to Interstate 76 and is situated within a 15-minute drive from the Harrisburg International Airport. The list of nearby neighbors includes FedEx, Philips, Hershey`s and J.J Haines.

Image via Google Maps