Bidding on the Bulova building in downtown Lancaster
closed out this afternoon at $1.6 million.
According to Michael J. Curran, vice president of CBRE
Group Inc., the bids or buyers cannot be revealed, at minimum, until after the
property sells.
The California-based company handled the auction of the Bulova
building in collaboration with auction.com. The property was previously owned
by a Florida-based firm, according to Lancaster County records.
The 212,560-square-foot commercial space is located on
1.10 acre of land at 101 N. Queen St. It has been vacant since 2008 when Bulova
Technologies moved out.
Bidding started on Monday at
1 p.m. Bidding kicked off at $650,000.
Source: Central
Penn Business Journal
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