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Plus: West Shore wealth advisory opens Lancaster office; York-based VC fund discloses second investment
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Tuesday, October 27, 2026

Good morning. It's not enough for vegetables to be healthy. They need to be relatable, too. Or so the thinking seems to go at Hanover Foods. The York County-based company recently launched a line of frozen veggie products described as "GLP-1 friendly." Featuring a slimmed-down list of ingredients, the products are being marketed to the growing number of people taking the popular weight-loss medications.

An office building in suburban Harrisburg is under new ownership. (photo/submitted)

Canadian investor buys capital-area office


A boutique real estate firm from Canada has acquired a suburban Harrisburg office building for an undisclosed price. 

  • The deal marks the first Harrisburg-area purchase for the firm, Kest & York. 

  • Based in Toronto, the firm specializes in retail plazas, midrise apartment buildings and office buildings in secondary markets, according to its website.

  • The seller, Five Capital Associates LLC, was represented by Steve Marzullo, Adam Silverman, Jeremy Shyk and David Sickler of real estate giant CBRE.

  • No deed records were available yet for the sale to Kest & York.

  • But Dauphin County records show Villanova-based Five Capital paid just over $8.95 million for the property in 2013.

  • Shyk will continue to oversee leasing of the 55,000-square-foot office building.

Where is it: The Class A building is at 5 Capital Drive in Susquehanna Township, northwest of where Interstate 81 crosses over Progress Avenue.

  • Tenants occupy 72% of the building, which was erected in 2008, according to a CBRE spokesperson.

  • The tenants include CBRE, civil engineering firm McCormick Taylor, truck leasing company Penske, financial advisory Capital Wealth Management Group and a Penn State Health specialty practice.

  • On its website, Kest & York says it "revitalizes secondary market offices, turning outdated spaces into modern, efficient workplaces that meet contemporary standards."

  • An effort to reach a company executive was not successful.

Quick takes


WHO'S EXPANDING: River Wealth Advisors, a wealth management firm based in East Pennsboro Township, Cumberland County. The firm opened an office in a 2,000 square-foot, second-floor space at 101NQ, a prominent office building at 101 N. Queen St. in Lancaster. It is the third office for the firm, which manages assets of about $1.5 billion. The firm has a second office in Allentown.

  • Three staff members from River Wealth will work from the Lancaster office, and others will use it to meet with clients, according to a spokesperson for the firm.

  • Leading the office is Mitchell Fenimore, who joined River Wealth in 2025 as a senior vice president and Lancaster market leader.

  • "Lancaster is home to a vibrant business community, and I'm excited to bring RWA's wealth management expertise directly to this market," Fenimore said in a statement. 

  • Before joining River Wealth, Fenimore was a managing director for Olympia Partners, a New York-based investment banking and management company.

  • He worked prior to that as a managing director with Griffin Financial Group, a Reading-based investment bank that is part of The Stevens & Lee Cos. 

The property: 101NQ is a former Bulova factory that was empty for nearly a decade before it was rehabbed in the late 2010s by Pittsburgh-based Zamagias Properties. 

  • The building's anchor tenant is software company Cargas. 

River Wealth Advisors Lancaster market leader Mitchell Fenimore, left, and CEO Edward O'Gorman inside 101NQ. (photo/submitted)

WHO'S CUTTING: The Campbell's Co., a Camden, New Jersey-based food giant with significant operations in the Hanover and Lancaster areas. In the wake of declining sales and profits, the company is closing plants in Indiana and Massachusetts and laying off 13% of its salaried workforce companywide. A company spokesperson declined to specify where the salaried cuts were landing.

  • Campbell’s operates plants in the Hanover area for the Snyder’s-Lance brand and in Lancaster County for Pepperidge Farm Goldfish. None are closing.

  • Campbell's previously operated a research and development center in a building at 1401 York St. in Penn Township, York County.

  • The company has been trying to sell the roughly 62,000-square-foot office since 2024.

What's next: Campbell's plans to cut $500 million in expenses in fiscal year 2027, which began in early August.

  • Headwinds, meanwhile, are expected to persist.

  • The company is projecting sales to fall between 2% to 4% for the current 12-month period due to what it describes as a "volatile" environment beset by "elevated inflation."

WHAT'S ON SECOND: Keystone Innovation Fund II, a York-based venture fund representing a collaboration between two private investment firms, York-based White Rose Ventures and State College-based 1855 Capital, and state-backed venture firm Ben Franklin Technology Partners of Central & Northern PA. Shortly after announcing its first investment, the fund has unveiled its second. 

  • Keystone Innovation is backing Thiopoly Inc., a Pittsburgh-based company developing technology to manage medications in outpatient settings.

  • Its founder is Doug Descalzi, who has 20-plus years of experience in medication management and health technology.

  • Terms of the investment were not disclosed.

  • Existing medication management systems are focused on hospital settings, not the growing number of outpatient centers, leaving a gap in the market that Thiopoly is poised to fill, according to Keystone.

  • Keystone's first announced investment was in a Pittsburgh company called Surface Design Solutions Inc. 

WHO'S MOVING IN: Belluck Law, a personal injury law firm specializing in mesothelioma and asbestos-related illnesses. The New York-based firm has opened an office at 1819 Spring Road in North Middleton Township, Cumberland County. The firm also planted an office in Philadelphia and named a Pennsylvania managing partner, Bethann Kagan. 

  • In announcing the new offices, Belluck Law noted that Pennsylvania's industrial history is replete with factories and workplaces where asbestos-containing materials were made and used.

  • Asbestos was found, for example, during an environmental review of the former Frog, Switch & Manufacturing site in Carlisle, a plant that closed in 2023.

  • The Cumberland Area Economic Development Corp. is overseeing a multimillion-dollar cleanup of the site to prepare it for redevelopment.

WHAT NEEDS WORK: State processes for monitoring medical marijuana companies to ensure they are complying with Pennsylvania law. That's according to an audit published yesterday by state Auditor General Timothy DeFoor. 

  • The 56-page review identified several procedural flaws in how the Department of Health went about inspecting dispensaries, growers and processors.

  • The department's Medical Marijuana Bureau, for example, occasionally failed to send companies notices of deficiencies uncovered during regulatory inspections.

  • The audit covered actions between Dec. 31, 2024, and Aug. 19, 2026.

  • In addition, the department did not maintain complete records for its handling of complaints brought by patients or company employees.

  • The audit recommended several actions designed to standardize procedures and strengthen recordkeeping.

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Compiled and written by Joel Berg


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