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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Fire sale for downtown office building

Published in the Scranton Times By Dave Falcheck One of Scranton’s largest — and largely vacant — office buildings is available at a cut-rate price. The big white box on the corner of the Adams Avenue and Mulberry Street sold for $6.8 million in 2005. It went on the market…

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Builders hope the lean years are over

For Drew Simpson, council representative for the Greater Pennsylvania Regional Council of Carpenters and the man representing Local Union 645 Northeast, things are looking up. Already tracking “many” projects with confirmed start dates of spring 2013  — many of which are already under contract — it could be said that…

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