Here’s a look at several large commercial real estate transactions that recently closed in the Crossroads area.
The map above shows details about some of those deals, from a $9.5 million transaction for a building in Chambersburg, Pa., to a $740,000 agreement for a neighborhood shopping center in Hagerstown, Md.
The information was taken from records maintained by the Maryland Department of Assessments and Taxation as well as records held by county clerk’s offices in Pennsylvania and West Virginia.
The available details about property transactions varies among the states.
Notes and quotes for December 2017
Things seen and overheard around the region last month, compiled by reporter Mike Lewis:
‘A lot of business’
“Just like everyone else, the fourth quarter is hopefully when you do a lot of business.”
— Jan Martin, co-owner of E.L.M. Department Store in Greencastle, Pa.
Median household income
• Allegany Co., Md.: $40,551
• Berkeley Co., W.Va.: $55,239
• Franklin Co., Pa.: $53,916
• Frederick Co., Md.: $83,700
• Fulton Co., Pa.: $48,311
• Jefferson Co., W.Va.: $66,677
• Morgan Co., W.Va.: $39,324
• Washington Co., Md.: $56,228
— Source: U.S. Census Bureau, 2015 figures
‘Revitalize cities and towns’
“These investments will help revitalize cities and towns across Maryland, leading to an increase in economic development and more jobs for Marylanders. The awards will help local communities achieve their unique redevelopment goals and improve the quality of life for our citizens.”
— Maryland Gov. Larry Hogan, in a news release announcing $18.15 million in neighborhood revitalization program grants
Lodging establishments in Washington County, Md., paid $175,302 in hotel/motel taxes for September, according to the most recent figures released by the county. That is down from $194,522 in August and $176,355 in September 2016.
Phoenix Color announces deal
HAGERSTOWN, Md. — Phoenix Color Corp., a wholly-owned subsidiary of ALJ Regional Holdings Inc., announced the closing of the acquisition of the assets of Moore-Langen Printing Co. Inc. in Terre Haute, Ind., from LSC Communications Inc.
Terms were not disclosed.
Phoenix is a premier full-service, full-color printer, producing value-added components, heavily-illustrated books, cut-and-stack labels, folding cartons and specialty commercial products.
IBBR, Frederick National Lab collaborate on HPV vaccine
ROCKVILLE, Md. — The University of Maryland’s Institute for Bioscience and Biotechnology Research will work under a formal collaboration with the Frederick National Laboratory for Cancer Research to explore new candidate vaccines against human papillomavirus (HPV), a common cause of cervical cancer.
The Frederick National Lab is sponsored by the National Cancer Institute and operated by Leidos Biomedical Research, Inc., signor of the collaboration agreement.
IBBR Research Fellow Dr. Alexander Andrianov and the Frederick National Lab’s Dr. Jason Marshall will explore the ability of polyphosphazene immunoadjuvants to enhance the stability and immunogenicity of new vaccine candidates against HPV, the most common sexually transmitted infection in the United States.
The aim is to create a more robust vaccine and reduce the number of vaccinations required for protection.
“The quarter was also characterized by the completion of an historic upgrade of our North American truck lineup and further successes for our electric buses that continue to make inroads in new markets. From an overall perspective, market demand is strong, as evidenced by a 32 percent increase in truck orders and 45 percent in construction equipment orders.”
— Martin Lundstedt, Volvo Group president and CEO, in a news release announcing the company’s quarterly results
News in brief for December 2017
Dice opens new Greencastle, Pa., outlet
GREENCASTLE, Pa. — Dice Office Equipment has opened a new location at 20 Commerce Ave., Greencastle.
“Dice has served the Tri-State area for 15 years, and our employees have more than 100 years of combined experience in the business,” said Brian Hoffman, service manager.
Dice services all brands of equipment and specializes in the sale of new Xerox, Ricoh and Oki brands.
“We recognize that each business, organization and individual has their own needs, and we love to help our customers find custom solutions that satisfy their unique situation,” said Kevin Swope, sales manager.
Hub Labels brings home three awards
HAGERSTOWN, Md. — Hub Labels, a custom manufacturer of pressure sensitive labels in Hagerstown, received three awards at the annual Tag and Label Manufacturers Institute Inc. competition in Scottsdale, Ariz.
The Environmental Leadership Award recognizes a converter and a supplier member each year that consistently demonstrates a commitment to progressive environmental practices across a range of areas. These areas include solid waste reduction, recycling, waste or energy recovery, the implementation of new clean technology and/or processes, and the implementation of an education program.
Hub Labels also received a first-place award in the Wine and Spirits category for Digital Printing/Ink Jet, and a first-place honor in Digital Printing/Ink Jet — Color Process Prime.
Frostburg State to host development office
FROSTBURG, Md. — Maryland Gov. Larry Hogan announced a state investment of $300,000 to establish an Office of Regional Development and Engagement at Frostburg State University.
The office will integrate university resources with regional partners in Western Maryland to help communities and companies be competitive and meet the challenges of economic and community development.
The office will have three main priorities.
• Sharpening and supporting the regional focus on business clusters identified for their potential in the region. Those clusters include back-office operations for larger entities such as financial, business and information technology services; life sciences and health care, especially in the testing and development field; light “lifestyle” manufacturing operations, such as for recreation; and regional opportunities in energy and farm-to-table food production.
• Boosting regional entrepreneurship, with the help of the Small Business Development Center. A particular effort will be made to encourage Frostburg alumni, including recent graduates, to bring their businesses to Western Maryland or create new ones in the region.
• Highlighting education, done in collaboration with the region’s community colleges. This could include creating “just-in-time” certificates, micro-credentials or badges in knowledge areas best suited to the needs of regional industries. Efforts will also increase the awareness of best practices in rural economic development.
Frederick firm receives Mayflower honors
FREDERICK, Md. — Ramar Transportation & Logistics Group Inc. of Frederick, Md., was honored recently by Mayflower van line company for exceptional professional performance.
The recognition was conferred during Mayflower’s annual awards program.
Ramar received the Million Dollar Club Award at the $1 million level, which recognizes top Mayflower revenue producers. It also received the Admiral’s Club Award, recognizing the Mayflower top sales producers in domestic household goods business segments.
Mayflower, headquartered in suburban St. Louis, maintains a network of nearly 300 affiliated agencies.
Ramar also received United Van Lines President’s Club Award at the $2 million level, honoring agents who have generated at least $1 million in sales for the United system during the past year.
Volvo electric bus offers greater range
Volvo Buses has launched a new version of its Volvo 7900 Electric.
With extended range and more charging options, the all-electric vehicle offers bus operators greater flexibility. Battery capacity, in particular, has been extended, the company announced in a news release.
The bus is available with a choice of 150, 200 and 250 kWh. This means the bus can run longer between charges, allowing it to be used more efficiently throughout the day.
“This is a very important reinforcement of our electromobility product range, giving our customers maximum flexibility in their daily operations,” Håkan Agnevall, president of Volvo Buses, said in a news release. “During peak hours the buses can operate continuously without stopping to recharge. Instead, the batteries can be charged once traffic is at off-peak levels. On shorter routes, they can even run throughout the day and be charged at night.”
State accepting programs to aid adult learners
BALTIMORE — The Maryland Department of Labor, Licensing and Regulation is investing $1 million in federal money in projects that support ways for adults to get into long-term career paths.
With this funding opportunity, the Department of Labor is seeking innovative proposals from Local Workforce Development Areas to develop demonstration projects to increase training and employment opportunities for Marylanders who do not yet possess high school diplomas.
The department will fund demonstration projects that pilot interventions involving proven strategies, such as pre-apprenticeship training, English language acquisition, distance learning, bridge programming and pathways to employment for out-of-school youth, among others.
Community partners and adult education providers are encouraged to partner with Local Workforce Development Areas to participate.
For more information, visit www.dllr.state.md.us/gedmd/ or email the Division of Workforce Development and Adult Learning at DLWDALWIOA_DLLR@maryland.gov.
Rocky Gap wins big in magazine awards
FLINTSTONE, Md. — Strictly Slots Magazine’s “Best of Slots” has honored Rocky Gap Casino Resort with 19 awards.
Magazine readers and slot machine customers voted in multiple categories.
Rocky Gap earned first-place honors for “Best 50-cent Slots,” “Casino Where You Feel Luckiest,” “Best Comps,” “Best Players Club Lounge” and “Friendliest Casino.”
The resort earned second-place honors for “Best Overall Casino,” “Best Variety of Slots,” “Best Video Slots, “Best Progressive Slots,” “Best Penny Slots,” “Best Nickel Slots, “Best High-end Slot Area” and “Best Slot Club Promotions.”
Third-place honors were for “Best Video Poker,” “Best Reel Slots,” “Best Quarter Slots,” “Best Dollar Slots, “Best $5-plus Slots” and “Best Slot Club.”
Maryland is home to six casinos. Rocky Gap General Manager Skylar Dice said the Maryland gaming market became more competitive last year with the opening of a new resort in the Baltimore-Washington D.C. corridor.
Rocky Gap, one of the state’s smallest casinos, enhanced its 665-device slot machine floor during the year and improved other areas of the resort.
“Competition in the state escalated this year, and the results in this survey recognized that Rocky Gap continues to listen to all our guests and offers the best slot machine experience in Maryland,” Dice said. “Honors such as recognition in ‘Best of Slots’ are gratifying to our more than 500 team members, whose primary concern is the satisfaction of our guests.”
In addition to the casino, Rocky Gap includes the championship-caliber Rocky Gap Golf Course — the only Jack Nicklaus Signature Golf Course in Maryland — and the Spa at Rocky Gap.
Deep Creek, Garrett Co. chart tourism growth
McHENRY, Md. — Tourism traffic remains strong in the Deep Creek Lake area and Garrett County, Md.
According to the Garret County Chamber of Commerce, for the first quarter of Fiscal Year 2018, the area has seen a 5.9 percent increase in county accommodations sales, a 19.6 percent increase in “heads on beds,” an 8.5 percent increase in visitors to the chamber’s website (visitdeepcreek.com) and a 17 percent increase in Visitor Guide requests.
Chamber attributes much of growth in tourism to marketing efforts and new ad strategies, as well as the newly implemented post-Labor Day start for Maryland’s public schools.
With Maryland students returning to school after Labor Day rather than in mid- to late August, Garrett County saw an 11 percent increase in county accommodations collections in August 2017 over August 2016, a 53 percent increase in heads on beds and an 8.3 percent increase in sales tax collections.
Garrett County experienced similar tourism increases in fiscal year 2017 (July 1, 2016 – June 30, 2017) with a 6.9 percent increase in county accommodations sales, an 8.6 percent increase in heads on beds, a 3.6 percent increase in sales tax collections and a 41 percent increase in Visitor Guide requests.
The county’s increases outpaced Maryland’s tourism growth. For fiscal year 2017, Maryland sales tax revenues specific to tourism grew 4.1 percent, compared to 6.8 percent in Garrett County The state’s lodging sales tax code collections grew 6 percent and restaurant sales tax code collections rose 3 percent. In Garrett County, those numbers were 8.7 percent and 5.6, respectively.
Rocky Gap receives Friends Aware award
FLINTSTONE, Md. — Rocky Gap Casino Resort recently was named Business Partner of the Year by the Friends Aware organization of Cumberland, Md.
Friends Aware is a nonprofit organization created to bridge the gap for adults with developmental disabilities through work programs at the facility and with local businesses to employ some of the people.
Friends Aware reported that Rocky Gap earned the award for creating and providing employment for people with developmental disabilities. The resort has long hired many Friends Aware clients, including Danny Pfister, who has worked at the resort for nearly 17 years.
Innovative Inc. reaches Blue partner status with Datto
HAGERSTOWN, Md. — Innovative Inc. has achieved exclusive Blue partner status with Datto, a leading provider of data protection solutions.
Innovative has exceeded standards of performance to qualify for Blue status in Datto’s partner program, the highest classification provided by Datto.
The Blue status includes the use of marketing development funds, a hardware insurance policy, free shipping for devices, competitive and flexible pricing, VIP technical support services, early access to new products and a complimentary pass to Datto’s annual partner conference.
Datto Blue status represents the top 5 percent of partners worldwide.
Awarded a Golden Datto as the 2015 “Fastest Growing Partner of the Year,” Innovative showed the fastest growth out of 500 companies in just 11 months.
Brechbill & Helman to build SpringHill Suites
CHAMBERSBURG, Pa. — Brechbill & Helman Construction Co. Inc. has been awarded a contract for the SpringHill Suites that will be built off Interstate 81 at Walker Road, Exit 17, just north of Chambersburg.
The 57,426-square-foot, four-story hotel will consist of 88 guest rooms, according to a news release. Amenities will include an indoor pool with a handicap lift, guest laundry, lounge, buffet bar, a fitness room, business center, front patio with fire pit, rear patio and a drive-through canopy.
The 2.6-acre site also is to offer car-charging stations.
Meister-Cox Architects from Wyomissing, Pa., is the architect. Snyder, Secary & Associates LLC from York, Pa., is the civil engineer.
Construction is scheduled to begin this fall. Estimated completion will be mid-summer 2018
Founded by Darrell Brechbill and John Helman in 1966, Brechbill & Helman works in Pennsylvania, Maryland, West Virginia and Virginia. The Chambersburg company specializes in institutional, commercial and industrial construction.