SCRANTON AND WILKES-BARRE, PA. — Hinerfeld Realty Co. has handled two property dispositions. In the first deal, Robert Rossi & Co. sold 811 S. Washington Ave. in Scranton to Minnetonka, Minn.-based Quality Residences for $492,500. The property consists of two buildings on a corner lot. Sherwin-Williams occupies 12,000 square feet of one of the buildings for its retail store and warehouse. A local tenant occupies the other 2,300-square-foot warehouse. John Cognetti brokered the transaction.
In the second deal, Mr. and Mrs. Joseph Bennett of Northampton, Pa., bought 125 N. Wilkes-Barre Blvd. in Wilkes-Barre from Con Ed Realty Co. The property, which comprises two buildings on 3.5 acres, sold for $1.3 million. Smith’s Aerospace Components occupies 5,664 square feet of the 27,800-square-foot main building. Allied Products occupies the entire 1,925-square-foot garage-type building behind the main structure. Cognetti and Mike Detter negotiated this transaction.
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811 South Washington Avenue Scranton |
125 North Wilkes-Barre Blvd. Wilkes-Barre |
