Colliers Concludes Sale of PA Lottery Headquarters Building for $14.9M

9/13/16

Photo Courtesy: CoStar

Colliers International has arranged the sale of the Pennsylvania Lottery’s 136,000-square-foot building to Boyd Middletown DGS LLC – a Chicago-based real estate investment firm. The building - located at 1200 Fulling Mill Road in Dauphin County, PA - sold for $14.9M.

The building sits on 12.5 acres with 40,000 SF of warehouse space and over 97,000 SF of office space. The Pennsylvania Lottery has a lease through 2022 with a five-year renewal option. Scientific Games is a subtenant in the building.

Colliers International’s Larry Kostelac, William Aiello, George Lulos with Colliers’ Investment Services Group and Bob Cottle and Darrin Kennedy with Colliers’ Government Solutions national practice group represented the buyer.

About Colliers International

Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is a global leader in commercial real estate services with more than 16,300 professionals operating from 502 offices in 67 countries. Colliers International has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 10 consecutive years, more than any other real estate services firm. Regionally, Colliers International has served clients in the Philadelphia area since 1920 and comprises six offices in the region. For the latest news from Colliers International, visit Colliers.com/Philadelphia, or follow us on Twitter: @ColliersPhilly and LinkedIn.

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