600 Sanders Street, Scranton, PA
HINERFELD COMMERCIAL REAL ESTATE BROKERS THE SALE OF +/- 210,000 SF INDUSTRIAL PROPERTY – SCRANTON, PA
Hinerfeld Commercial Real Estate (Scranton, PA) is pleased to announce the successful sale of the 18.9 Acre. +/- 210,000 Square Foot industrial zoned property known as 600 Sanders Street, Scranton, PA for $8,300,000.00. The property occupies a position in the I-81 Corridor between Scranton and Wilkes Barre, PA that affords high access to regional highways and provides strong labor supply in the nearby metro markets. 600 Sanders Street, Scranton, PA been home to numerous industrial manufacturing and warehouse users including General Electric Company, Scranton Tube, and American Can Company since its original construction in 1941. Updated and expanded over the intervening years, most recently the property was occupied by Olympia Chimney for the manufacture and distribution of chimney parts. The new owner, Sanders Holding LLC, will use the property as an expansion facility in the production and distribution of plastic injection molded products. The brokerage team of Griff Keefer and Colin Keefer of Hinerfeld Commercial Real Estate represented the Seller. The Buyer was represented by Jeff Hettinger of Keller Williams Platinum Realty.
About HINERFELD CRE:
Hinerfeld Commercial Real Estate is a market leader in the brokerage of retail, office, medical office and industrial properties in Northeastern PA. Our knowledge of the Commercial Real Estate business is deep and our connections strong. Quality service to our clients, integrity, market knowledge, community involvement and professionalism are core values incorporated in our daily business practices. The outcome has been the opportunity to represent a variety of regional, national and international corporate and individual clients.
Throughout the course of the Company’s history, Hinerfeld Commercial Real Estate has been privileged to have as clients many regional and national companies including: AT&T, Aramark, Fastenal, Cargill, Akzo-Nobel, FEDEX, Geisinger Healthcare Systems, Lehigh Valley Health Network, Allied Services Integrated Health System, Dish Network, MAB Paints, Media News Group Inc., Motion Industries, Rentokil Inc, GE Capital, Hertz Penske, Schwan’s, Frito Lay, Wells Fargo, Pentagon Federal Credit Union, Fidelity Bank, Tredegar Corporation, Turkey Hill, Met Life, RCN/Astound! and Valmont Industries to name a few.
