Harrisburg First, LLC has been chosen as the finalist for the proposed lease/sale of the Harrisburg Parking System.

As released from the Office of the Receiver of the City of Harrisburg:

"The screening and evaluation team in consultation with the receiver and his advisors have made a determination on who to continue negotiations with regarding parking assets. Harrisburg First has been selected as the finalist. Harrisburg First is a group led by Guggenheim Securities and includes Standard Parking and AEW. Standard Parking is an experienced parking operation that operates nationally in more than 300 cities. AEW is an experienced real estate asset manager with parking assets in its portfolio. Guggenheim Securities is a unit of Guggenheim Partners, which is a privately held global financial services firm with more than $160 billion in assets under management.

This is one more positive step in implementing the recovery plan and we look forward to continuing to negotiate with Harrisburg First."

Photo/Natalie Cake