PNC sells downtown building

PNC Financial Services Group sold its regional headquarters building in Scranton on Wednesday and agreed to a long-term lease on the structure. The 113,000-square-foot building at Penn Avenue and Spruce Street, was acquired by a subsidiary of American Realty Capital Properties Inc., said Jason Beyersdorfer, a PNC spokesman. The sale…

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New life planned for plaza in Dunmore

Leasehold acquired for 4.5-acre former Price Chopper site. A local real estate company acquired a leasehold interest in two parcels that make up the former Price Chopper Plaza in Dunmore. A single-purpose entity headed by local real estate developers Gerald and Joseph Ferrario, known as 1400 Monroe LLC, acquired a…

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Possible retail site has people buzzing

What’s been called the best retail location in the Scranton area doesn’t have a sign in front of it or an asking price, but it is definitely for sale. The site of the former McKinney plant sits on the busiest intersection in the region, where an average of 70,000 vehicles…

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