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PA Lottery Building
  Property Downloads: Confidentiality Agreement | Property Flyer
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Pennsylvania Lottery Headquarters Building
137,640 SF Office and Distribution Facility - Middletown (Harrisburg), PA

Colliers International’s GSAXCHANGE is pleased to present the opportunity to purchase 1200 Fulling Mill Road in Middletown, Dauphin County, Pennsylvania, a 137,640 square foot office and distribution facility 100% leased by the Commonwealth of Pennsylvania (rated AA by Standard & Poor’s) through June 30, 2022, and occupied by the Pennsylvania Lottery.

investment highlights
  • Security of Commonwealth of Pennsylvania Creditworthiness: The strength of the tenancy provides security of rent payment and high probability of long-term occupancy. The Commonwealth of Pennsylvania’s bonds are rated AA by Standard & Poor’s.
  • Long-Term Lease: Originally a 10-year lease term, the tenant has already exercised one of its two 5-year extension options, providing 10.5 years of lease term remaining. The lease is cancellable by the tenant only in the event the Commonwealth eliminates the Pennsylvania Lottery system or its funding.
  • Important Revenue Generator for PA: The Pennsylvania Lottery generated $3.2 billion in total sales during the 2010-2011 fiscal year, up 4.6% from 2009-2010. The Lottery traditionally has provided nearly $1 billion annually to fund programs that exclusively benefit older residents, which represents approximately 1.6% of the entire budget of Pennsylvania.
  • Probability of Long-Term Tenancy: The building was purpose-built for the Pennsylvania Lottery system. The lease included a total renovation budget for the Lottery’s headquarters building of over $14 million, ensuring a high likelihood of long-term occupancy.
  • Quality Real Estate: In terms of inherent real estate value, the property has many strategic advantages. It is located along the east-west Fulling Mill Road corridor, between the Turnpike Industrial Park (1.5 miles to the west) and the Airport Industrial Park (1 mile to the southeast). The corridor itself is populated by numerous businesses (such as Federal Express) that desire the proximity to major transportation systems that link them to the entire East Coast via major highways (PA Turnpike 1.5 miles to the south for example) and the Harrisburg International Airport, 2 miles to the south.
more info
  W. Colin Cavill, AVLE (Econ)
Sr. Vice President | Principal
dir: +1 404 877 9263
Robert C. Cottle, CCIM
Vice President
dir: +1 404 877 9257
Darrin Kennedy, LEED AP
Executive Managing Director
dir: +1 213 861 3323
George Lulos (Local Contact)
Senior Vice President
dir: +1 717 730 3752