Jariel Bortnick Of Quad Property Group Acquires Industrial Property In Harrisburg For $5.55M
1830 South 19th Street
$5,550,000
$86/SF
Building Size
64,000 SF
Asset Type
Industrial
Closing
Jan 6, 2026
AI
The property asset involved in the transaction is an industrial property located at 1830 South 19th Street in Harrisburg, PA. It has a sale price of $5,550,000 and encompasses a total square footage of 64,000, translating to a price per square foot of $87.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,550,000
- Address: 1830 South 19th Street
- Market: Harrisburg, PA
- Square Footage: 64,000
- Price Per Square Foot: $87
- Buyer: Jariel Bortnick - Quad Property Group
- Broker: Jason Grace - Landmark Commercial Realty
Jariel Bortnick, representing Quad Property Group, made the purchase of the industrial property that is leased to two tenants. The choice was made due to the stability provided by the tenants and the potential growth of data center development in the Harrisburg area.
Harrisburg Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.86%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93