State to Receive $1 Million From Sale of Property in the City of Harrisburg
HARRISBURG, Pa., April 11 /PRNewswire/ -- The Pennsylvania Department
of General Services today announced that the state has sold approximately
18 acres of property in the City of Harrisburg to the Capital Region
Economic Development Corporation (CREDC) for $1 million.
"The sale of this property generates a return of $1 million for the
taxpayers of Pennsylvania while helping to maintain manufacturing jobs in
the region," said DGS Secretary Jim Creedon. "Transferring state property
into the hands of the private sector supports the potential for continued
economic growth and new jobs for the region."
The Department of General Services managed the transaction for the
commonwealth and conveyed 18.617 acres to CREDC. The property, at 1400
Cameron St., had been leased to CREDC. The commonwealth retained 2.22 acres
for use by the PennDOT.
The sale's closing date was March 31, 2006.
CONTACT: Edward Myslewicz, Pennsylvania Department of General Services,