Scranton benefits from several key elements that help spur downtown renewal: preserved historic buildings; numerous government facilities and nearby hospitals, colleges and other institutions; and a daily influx of thousands of employees and others who work at or use those services. While Scranton has a sprawling, 25-square-mile footprint, the downtown…
A developer who already has strong ties in the region bought the historic Samter’s building three days after Christmas. Charles Jefferson, whose investment groups own Montage Mountain Resorts, the Connell Building on North Washington Avenue and the Leonard Theater on Adams Avenue, purchased the 43,712-square-foot building for the asking price…
The former Samter’s building at Lackawanna and Penn avenues has sold, according to property marketer Hinerfeld Commercial Real Estate of Scranton. A firm called Scranton-Samter LP bought the building. The price was not disclosed, though the asking price was $500,000. The purchaser has not revealed plans for the building. Samter’s…
