Report

Berks County offers $7.2 million for 600 Penn Street

Commissioners approved a letter of intent to buy the former Wells Fargo tower for $7.235 million, temporary space while the courthouse is repaired.

The Berks Beat|Published July 7, 2026 · Updated August 1, 2026

Berks County has put a price on 600 Penn Street. At a workshop meeting on Tuesday, July 28, the commissioners approved a letter of intent to buy the former Wells Fargo tower at Sixth and Penn streets in Reading for $7.235 million. The letter does not close the sale. It authorizes the county to open contract talks with the building's owner, and it is the first time the county has committed in writing to spending millions on downtown office space while it decides what to do with its aging courthouse.

Spotlight PA and Berks Weekly reported the workshop action. The county has not posted minutes or a video of the session, so this account rests on that reporting.

What the county is paying

The $7.235 million figure is the average of two independent valuations, one from a real estate broker and one from an appraiser. County Chief Operations Officer Kevin Barnhardt told reporters the county had no leeway in setting the offer: "As a government entity, we can only pay the appraised value of a property based on county codes."

That price sits well above what the building last changed hands for. Owner Alan Shuman bought 600 Penn Street in 2021 for $3.2 million from the Greater Berks Development Fund, and the county assesses it for taxes at just over $1.4 million. The county's offer reflects current market appraisals rather than either earlier number.

Why the county wants the building

Berks budgeted about $35 million to renovate its courthouse. Early in 2026, engineers inspecting the building found damaged mechanical systems and asbestos-covered pipes the county says it did not expect, and the renovation estimate climbed past $130 million. Recent reporting puts the current figure near $135 million.

Commissioner Chair Christian Leinbach's explanation to Spotlight PA for the late discovery: "The question is, 'Why are you finding this out now?' And the answer is really very simple." The asbestos became a problem once renovation plans triggered the inspections that found it.

Facing that number, the county turned to 600 Penn Street as a place to move offices out of the courthouse and the adjacent Services Center while the work is done.

What changed since May

The county first announced the 600 Penn plan on May 5. At that point officials described the tower as a permanent county government center for about 300 non-judicial employees, with the Services Center at 633 Court Street becoming a judicial center for the courts, judges' chambers, and the Sheriff's office, and the full courthouse renovation pushed back 8 to 10 years.

The plan officials described in late July is different. They now present 600 Penn Street as temporary space to hold offices while the courthouse is repaired, and treat the courthouse renovation as the priority rather than a project to defer. Some departments may stay at the tower for good. Election services already rents part of the building and could remain. Barnhardt said the details are unsettled: "We don't want to get pinned down to dates and pricing because it's, again, it's wide open right now."

Beers + Hoffman Architecture will spend the coming months planning how employees move among the three downtown buildings.

Why the money context matters

The 2026 budget was already stretched before these numbers surfaced. The county is covering a roughly $16 million operating gap with reserves, issued a $25 million bond this year, its first borrowing since 2015, and has flagged a youth detention center and a 911 radio replacement for 2027-2028. A new jail decision that could reach hundreds of millions is still pending, and the five-county youth detention center approved in July carries its own costs. The full picture is in our budget report.

A courthouse renovation near $135 million, on top of a $7.235 million building purchase, lands on all of that. The county has not said how it would finance either.

What is still not public

The price for the tower is now on the record. Other pieces of the decision are not. The county has not released the engineering reports behind the courthouse estimate, the two appraisals that set the $7.235 million offer, or a financing plan. Our opinion piece argues the county should publish that analysis before it signs anything binding.

What happens next

The letter of intent lets the county and Shuman negotiate a sale contract. A binding purchase would come back to the commissioners for a public vote. Residents can comment at commissioners meetings in person or online; here is how. We will update this report when a contract, the appraisals, or a financing plan becomes public.

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