Auto part distributor will move into Scott Twp. Facility

A growing auto accessories distributor will move into the former Herff Jones printing facility in Scott Twp., with plans to add 61 employees. Automotive Distributing Co. of Tunkhannock purchased the 81,204-square-foot former yearbook publishing facility in the Scott Technology Park for $1.8 million. Company President Raymond Bach said 21 employees…

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Mt. Pleasant frame sprouts at $5M project

Workers on Tuesday started to install a steel frame for a 30,000-square-foot building in Scranton at the Mount Pleasant Corporate Center. Two existing city medical businesses have signed on as tenants at the new building, under development by Beacon Summit at Scranton LLC, officials said Tuesday. The two tenants will…

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10 Years: Big Changes, All Computer Driven

In honor of GlobeSt.com’s 10th year anniversary, we’re looking back at the last 10 years in commercial real estate. What’s happened? A number of big changes: the application on a large scale of securitization; the resulting influx of Wall Street capital into the US CRE markets, and the resulting easy…

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