A road salt dealer acquired a former cardboard box plant in Scranton to expand its presence in Northeast Pennsylvania. purchased the former Temple-Inland facility at 301 Green Ridge St., and plans to use the building for road salt storage and distribution, taking advantage of a railroad spur. The company closed…
A decade ago when real estate up-and-comer Charles Hibble looked for a headquarters for his business, Scranton was a natural choice. He invested $1.2 million converting an aging building on Penn Avenue into modern offices and apartments. Mr. Hibble accepted real estate tax and parking cost increases and the mercantile…
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…
