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Hinerfeld Sells 600 Sanders Street Property
Hinerfeld Commercial Real Estate announced the sale of 600 Sanders Street in Scranton. The Comtec division of CPG International is currently using the 223,000-square-foot facility for the fabrication of laminated lockers and bathroom dividers. The one-story building with a two-story office addition is on 18.9 acres off I-81 at Davis…
Economic Integration Is the New Frontier
When you drive past a formerly dilapidated old neighborhood that’s suddenly undergoing an extreme makeover (like Scranton’s Hill section and more prominently in Monroe and Pike counties) you should rejoice — right? Not so fast. A process called “gentrification” may be occurring and it’s an issue that has given some…
Cognetti Represents Buyers in SNB Plaza Sale
Positive changes in downtown Scranton prompted a group of local investors this week to purchase the SNB Plaza at Lackawanna and Washington avenues. The group led by Taylor contractor Carl Scartelli purchased the 49,000-square-foot building for $1.1 million. Mr. Scartelli said development downtown and the pending reconstruction and streetscaping of…