<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Hinerfeld Commercial Real Estate, Scranton, PA &#187; PA Properties</title>
	<atom:link href="http://blog.hinerfeldcommercial.com/tag/pa-properties/feed/" rel="self" type="application/rss+xml" />
	<link>http://blog.hinerfeldcommercial.com</link>
	<description></description>
	<lastBuildDate>Thu, 05 Jan 2012 21:33:27 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.2.1</generator>
		<item>
		<title>Scranton Neighbors Say Good Riddance to Daron Northeast</title>
		<link>http://blog.hinerfeldcommercial.com/92/scranton-neighbors-say-good-riddance-to-daron-northeast/</link>
		<comments>http://blog.hinerfeldcommercial.com/92/scranton-neighbors-say-good-riddance-to-daron-northeast/#comments</comments>
		<pubDate>Mon, 10 Nov 2008 17:03:37 +0000</pubDate>
		<dc:creator>administrator</dc:creator>
				<category><![CDATA[Press]]></category>
		<category><![CDATA[PA Properties]]></category>
		<category><![CDATA[Scranton Commercial]]></category>
		<category><![CDATA[Scranton Properties]]></category>
		<category><![CDATA[Scranton Property]]></category>
		<category><![CDATA[Scranton Real Estate]]></category>
		<category><![CDATA[Scranton Realtors]]></category>

		<guid isPermaLink="false">http://blog.hinerfeldcommercial.com/?p=92</guid>
		<description><![CDATA[After almost six years of living next to Daron Northeast, Tom Prendergast knows to place the china securely toward the back of the cupboard. When Daron’s trucks rumble by, the vibrations are enough to rattle the porcelain cups and dishes right to the edge of the shelf. For Evann Xanthis, it’s the dust. The chalky, [...]]]></description>
			<content:encoded><![CDATA[<p>After almost six years of living next to Daron Northeast, Tom Prendergast knows to place the china securely toward the back of the cupboard.</p>
<p>When Daron’s trucks rumble by, the vibrations are enough to rattle the porcelain cups and dishes right to the edge of the shelf.</p>
<p>For Evann Xanthis, it’s the dust. The chalky, pervasive dust that coats everything and jams air conditioners.</p>
<p><span id="more-92"></span>Ms. Xanthis can’t remember the last time she opened a window. Being across the street from Daron is “like living in a catacomb,” she said.</p>
<p>For Daron and its neighbors in Lower Green Ridge, this winter is the beginning of the end for what was an uneasy relationship from the start.</p>
<p>In November 2007, the masonry and concrete company announced it would relocate its plants from Scranton and Ashley to an industrial park in Archbald, with production beginning there in February.</p>
<p><strong>Winding down</strong></p>
<p>As Daron readies to move, there has been less truck traffic, and dismantling began of its heavy machinery. The 16-acre property at 530 Electric St., a tax-free Keystone Opportunity Zone through 2010, is listed at $3.5 million by Hinerfeld Commercial Real Estate.</p>
<p>To residents, Daron’s departure is a relief, though bittersweet because it took so long.</p>
<p>Four lawsuits are pending against the company for the detrimental impact it allegedly had on residents’ lives, namely the dust, noise and traffic, which Daron denies. In 2005, the company paid a $3,700 fine to the state Department of Environmental Protection for air-quality violations.</p>
<p>Daron’s tenure in Scranton wasn’t rosy for the company, either. In 2007, it threatened to sue if city council banned trucks from Dickson Avenue. A few months later, it sued resident Daniel Hubbard and the Lower Green Ridge Neighborhood Association for slander.</p>
<p>Mr. Hubbard accused Daron of violating zoning law and causing “long-term lung damage.” The case was later discontinued, and Mr. Hubbard issued a public retraction as part of the settlement.</p>
<p>Repeated calls and visits to Daron in attempt to speak with general manager David Lewis about the move to Archbald were unsuccessful.</p>
<p><strong>Breathing a sigh of relief</strong></p>
<p>Daron’s presence has been maddening to perhaps no one more than Ms. Xanthis, who chokes back tears as she talks about her daughter’s breathing problems and the medical bills they have incurred.</p>
<p>After 20 years on Dickson Avenue, Ms. Xanthis is selling her home, though she would love to stay just long enough to see Daron leave first.</p>
<p>A block away on Sanderson Avenue, 20-year-old Katie O’Neil said Daron has been more of an annoyance than a bane, but she won’t miss needing to clean dust off the car and backyard deck.</p>
<p>Mr. Prendergast, one of the four residents suing Daron along with Ms. Xanthis, blames the city and believes officials could have better protected the neighborhood. He also worries about what will come in Daron’s place.</p>
<p>In recent weeks, council discussed rezoning the Daron property from light industrial, citing a DEP report that recommended such a change. But Dan Penetar, the zoning board solicitor, advised against that action, saying it would be illegal “spot zoning.”</p>
<p>Already, though, it is apparent the pall Daron cast on the neighborhood is lifting.</p>
<p>Look no further than Debbie Roth, who bought a house on Delaware Street in June. Ms. Roth said before her Realtor could convince her to move in, there was one thing she needed to hear — that Daron was moving out.</p>
<p>- <em>Courtesy of <a title="The Scranton Times" href="http://www.thetimes-tribune.com/" target="_blank">The Times-Tribune</a></em></p>
]]></content:encoded>
			<wfw:commentRss>http://blog.hinerfeldcommercial.com/92/scranton-neighbors-say-good-riddance-to-daron-northeast/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Harry Rothstein Participates in Ben Franklin Birthday Party</title>
		<link>http://blog.hinerfeldcommercial.com/14/ben-and-penn-celebration/</link>
		<comments>http://blog.hinerfeldcommercial.com/14/ben-and-penn-celebration/#comments</comments>
		<pubDate>Mon, 10 Mar 2008 06:00:48 +0000</pubDate>
		<dc:creator>administrator</dc:creator>
				<category><![CDATA[Agents]]></category>
		<category><![CDATA[PA Properties]]></category>
		<category><![CDATA[Scranton Commercial]]></category>
		<category><![CDATA[Scranton Properties]]></category>
		<category><![CDATA[Scranton Property]]></category>
		<category><![CDATA[Scranton Real Estate]]></category>
		<category><![CDATA[Scranton Realtors]]></category>

		<guid isPermaLink="false">http://www.blackouthosting.com/hinerfeld/?p=14</guid>
		<description><![CDATA[PLAINS TWP. – Not only is 2008 the University of Pennsylvania Alumni Club of Northeastern Pennsylvania’s 100th anniversary, making it the university’s oldest club in the world, but it also marks the 302nd birthday of Benjamin Franklin – a celebration the group holds yearly. Although Franklin’s birthday was actually in January, the alumni group met [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-medium wp-image-60" title="Ben Franklin celebration" src="http://www.blackouthosting.com/hinerfeld/wp-content/uploads/2008/03/ben-penn-300x259.jpg" alt="Ben Franklin celebration" width="300" height="259" /><br />
PLAINS TWP. – Not only is 2008 the University of Pennsylvania Alumni Club of Northeastern Pennsylvania’s 100th anniversary, making it the university’s oldest club in the world, but it also marks the 302nd birthday of Benjamin Franklin – a celebration the group holds yearly.</p>
<p>Although Franklin’s birthday was actually in January, the alumni group met Sunday at the East Mountain Inn to commemorate the day. Franklin is the founder of the university.</p>
<p>Each year, the alumni group picks a fun topic to celebrate. This year, the group chose “Ben and Me,” a book written by Robert Lawson in 1939, which tells a fictitious tale of how a mouse named Amos is really the one to be credited with all of Franklin’s great inventions.<br />
<span id="more-14"></span><br />
Harry Rothstein, of Dallas, and a 1943 graduate of the university, played the part of Franklin, while Jeff Denis, of Clarks Summit, and a freshman at the University of Pennsylvania, portrayed Amos Mouse. Since Denis was one of the main characters, and is on spring break this week, the celebration was held Sunday so that he could participate.</p>
<p>“I’ve never portrayed a mouse before,” Denis said. “But I’m excited about it. It’s kind of neat.”</p>
<p>Denis, 19, who is majoring in engineering and business, said his favorite part of the “Ben and Me” story is that when the mouse first introduces himself to Franklin, the inventor doesn’t even seem a bit fazed that a mouse is talking to him. “He just starts talking to him like he’s a person,” he said.</p>
<p>During the luncheon, Tony Brooks, the alumni chairman for the June 2008 100th anniversary celebration, announced that he has been making progress in contacting descendants of the four original founders of the Northeastern Pennsylvania alumni club.</p>
<p>“We’re proud of the fact the class song was written by a Wilkes-Barre resident,” Brooks, of Wilkes-Barre, said. William John Goeckel, born in Wilkes-Barre, and an 1896 graduate of the university, composed music for the song, “The Red and Blue,&#8221; as well as two other university songs, “Memories” and “Houston Club March.”</p>
<p>Bill Runner, president of the alumni group, said that on June 1 a celebration will be held consisting of local alumni, visitors from the university and descendants of the club’s founders. The Northeastern Pennsylvania branch of the alumni club has about 2,500 members.</p>
<p>The alumni association is also responsible for interviewing potential freshmen at the school, easing their tensions about attending college, and talking about their past experiences at the Ivy-league school in Philadelphia.</p>
<p>“No Penn alumni club has done this before,” Runner said about telling the story of Amos and Franklin. Normally, he said, groups focus on actual events, which the NEPA club has done and will do in the future.</p>
<p>“But this just makes it more fun,” Runner said.</p>
<p>In the book and in Sunday’s performance, Amos Mouse credits himself for the Franklin Stove invention, as well as bifocals, the printing press and electricity. “It’s a fun thing,” said Rothstein, who wrote the script. “As I began writing it, I found it easy to come up with dialogue.</p>
<p>“Of course, it’s a true story,” Rothstein joked. “And Amos has passed away, so we can’t get verification (that it happened).”</p>
<p><em>-Courtesy of <a title="The Times Leader" href="http://www.timesleader.com/" target="_blank">The Times Leader</a></em></p>
]]></content:encoded>
			<wfw:commentRss>http://blog.hinerfeldcommercial.com/14/ben-and-penn-celebration/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Cognetti Helps Sell Dunmore Defense Plant Site</title>
		<link>http://blog.hinerfeldcommercial.com/16/townhouses-planned-for-dunmore-defense-plant-site/</link>
		<comments>http://blog.hinerfeldcommercial.com/16/townhouses-planned-for-dunmore-defense-plant-site/#comments</comments>
		<pubDate>Tue, 26 Feb 2008 06:00:17 +0000</pubDate>
		<dc:creator>administrator</dc:creator>
				<category><![CDATA[Properties]]></category>
		<category><![CDATA[PA Properties]]></category>
		<category><![CDATA[Scranton Commercial]]></category>
		<category><![CDATA[Scranton Properties]]></category>
		<category><![CDATA[Scranton Property]]></category>
		<category><![CDATA[Scranton Real Estate]]></category>
		<category><![CDATA[Scranton Realtors]]></category>

		<guid isPermaLink="false">http://www.blackouthosting.com/hinerfeld/?p=16</guid>
		<description><![CDATA[The site of a former manufacturing plant in Dunmore may turn into more housing for the community. The former BAE Systems Specialty Defense System of PA Inc. building in Dunmore recently sold for $235,000 to 530 Sherwood Development LLC. “Our plan is to develop residential townhouses for sale at the location,” said Jerry Ferrario, who [...]]]></description>
			<content:encoded><![CDATA[<p>The site of a former manufacturing plant in Dunmore may turn into more housing for the community.</p>
<p>The former BAE Systems Specialty Defense System of PA Inc. building in Dunmore recently sold for $235,000 to 530 Sherwood Development LLC.</p>
<p>“Our plan is to develop residential townhouses for sale at the location,” said Jerry Ferrario, who is developing the property with brother Joe Ferrario and Mike Vacendak.</p>
<p><span id="more-16"></span></p>
<p>The developers are seeking borough approval to construct 16 units on the one-acre-plus property located at 530 Sherwood Ave.</p>
<p>Dunmore Borough Code Enforcement Officer Gene Walsh said the land development plans for the project are currently under review.</p>
<p>“Based on what I what I saw, it looks like a really nice-looking development,” he said.</p>
<p>John Cognetti, president of Hinerfeld Commercial Realty, was involved in the property transaction and said the developers’ plans “would be providing a type of housing that’s not (currently) available.”</p>
<p>If the land development plans are approved, the brothers say they will demolish any existing buildings on the property. Joe Ferrario said demolition would start soon “with approval and no unforeseen issues.”</p>
<p>Despite a rough economy, Mr. Cognetti said it wasn’t hard selling the property “because of the uniqueness of the product. Dunmore is a desirable place (to live) and there’s not a lot of land available to purchase.”</p>
<p>The brothers are also keeping the economy in mind when talking about the potential project’s timeline.</p>
<p>“We’re cognizant of the recent economy and based on that, we’re cognizant of the potential timing change that may be involved,” said Joe Ferrario.</p>
<p><em>-Courtesy of <a title="The Scranton Times" href="http://www.thetimes-tribune.com/" target="_blank">The Times-Tribune</a></em></p>
]]></content:encoded>
			<wfw:commentRss>http://blog.hinerfeldcommercial.com/16/townhouses-planned-for-dunmore-defense-plant-site/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Snack Food Firm Expands Holdings</title>
		<link>http://blog.hinerfeldcommercial.com/21/snack-food-firm-expands-holdings/</link>
		<comments>http://blog.hinerfeldcommercial.com/21/snack-food-firm-expands-holdings/#comments</comments>
		<pubDate>Thu, 14 Feb 2008 06:00:30 +0000</pubDate>
		<dc:creator>administrator</dc:creator>
				<category><![CDATA[Real Estate News]]></category>
		<category><![CDATA[PA Properties]]></category>
		<category><![CDATA[Scranton Commercial]]></category>
		<category><![CDATA[Scranton Properties]]></category>
		<category><![CDATA[Scranton Property]]></category>
		<category><![CDATA[Scranton Real Estate]]></category>
		<category><![CDATA[Scranton Realtors]]></category>

		<guid isPermaLink="false">http://www.blackouthosting.com/hinerfeld/?p=21</guid>
		<description><![CDATA[MOOSIC, PA &#8211; A frozen snack foods manufacturer has acquired an adjacent building for $1.2 million for additional storage. J&#38;J Snack Foods Corp./MIA Products bought the 42,000-square-foot structure at 625 Rocky Glen Road for warehousing, MIA vice president and general manager T.J. Couzens said. MIA employs about 200 people. The company will relocate storage operations [...]]]></description>
			<content:encoded><![CDATA[<p>MOOSIC, PA &#8211; A frozen snack foods manufacturer has acquired an adjacent building for $1.2 million for additional storage.</p>
<p>J&amp;J Snack Foods Corp./MIA Products bought the 42,000-square-foot structure at 625 Rocky Glen Road for warehousing, MIA vice president and general manager T.J. Couzens said. MIA employs about 200 people.</p>
<p>The company will relocate storage operations from a leased site in Scranton to the Moosic building by April 1, Mr. Couzens said.</p>
<p>John Cognetti, president of Hinerfeld Commercial Realty, which represented seller Carl Touhey, of Albany, N.Y., said the structure was built in the early &#8217;80s for Federal Express.</p>
<p>Its most recent tenants were DHL Express and Jack Williams Tire &amp; Auto Service Centers.</p>
<p><em>-Courtesy of <a title="The Scranton Times" href="http://www.thetimes-tribune.com/" target="_blank">The Times-Tribune</a></em></p>
<p style="margin-top:0; margin-bottom: 0;" align="center">
]]></content:encoded>
			<wfw:commentRss>http://blog.hinerfeldcommercial.com/21/snack-food-firm-expands-holdings/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Detter Leasing Keystone Commons Property</title>
		<link>http://blog.hinerfeldcommercial.com/29/offices-should-have-quite-a-view/</link>
		<comments>http://blog.hinerfeldcommercial.com/29/offices-should-have-quite-a-view/#comments</comments>
		<pubDate>Wed, 13 Feb 2008 06:00:21 +0000</pubDate>
		<dc:creator>administrator</dc:creator>
				<category><![CDATA[Properties]]></category>
		<category><![CDATA[PA Properties]]></category>
		<category><![CDATA[Scranton Commercial]]></category>
		<category><![CDATA[Scranton Properties]]></category>
		<category><![CDATA[Scranton Property]]></category>
		<category><![CDATA[Scranton Real Estate]]></category>
		<category><![CDATA[Scranton Realtors]]></category>

		<guid isPermaLink="false">http://www.blackouthosting.com/hinerfeld/?p=29</guid>
		<description><![CDATA[PLAINS TWP., PA &#8211; Keystone Commons should be more than an idea by next February. Construction of the twin office buildings planned for high ground in the East Mountain Corporate Center is expected to begin by the end of this year, or sooner, said Chris Siegel, chief executive office of Ruckno Construction Co. &#8220;That will [...]]]></description>
			<content:encoded><![CDATA[<p>PLAINS TWP., PA &#8211; Keystone Commons should be more than an idea by next February.</p>
<p><img class="alignleft size-full wp-image-64" title="The Keystone Commons" src="http://www.blackouthosting.com/hinerfeld/wp-content/uploads/2008/02/keystone_commons.jpg" alt="The Keystone Commons" width="209" height="144" />Construction of the twin office buildings planned for high ground in the East Mountain Corporate Center is expected to begin by the end of this year, or sooner, said Chris Siegel, chief executive office of Ruckno Construction Co.</p>
<p>&#8220;That will be the tentative goal,&#8221; Siegel said Monday after he and Ernie McCabe, president of Ruckno&#8217;s commercial division, visited the site along Baltimore Drive.</p>
<p><span id="more-29"></span>The Luzerne builder is the construction manager of the estimated $12 million to $13 million project for owner Paul Francis Realty. The Commons sits on 8.3 acres and is comprised of two, 45,000-square-foot buildings, parking lots and a roadway system.</p>
<p>It&#8217;s taking multiple professionals to see the multi-component project through from concept to completion.</p>
<p>Siegel is responsible for marketing. McCabe has been doing the behind-the-scenes work of securing permits and guiding along the Commons. Kyle Kinsman of William Kinsman Lewis Architecture, Wilkes-Barre, designed the project. Mike Detter of Hinerfeld Commercial Real Estate, Scranton, is leasing space.</p>
<p>&#8220;They&#8217;ve got a lot of interest already,&#8221; Siegel said. The project has caught the attention of businesses looking to sign on as anchor tenants, he said.</p>
<p>The Commons has some very unique attributes, McCabe added. There are two opposing structures of very similar design linked by a pedestrian courtyard and the location literally elevates the project above other office buildings.</p>
<p>&#8220;A three-story building: you&#8217;re about 75 feet high. You could imagine the view,&#8221; McCabe said.</p>
<p><em>-Courtesy of <a title="The Times Leader" href="http://www.timesleader.com/" target="_blank">The Times Leader</a></em></p>
<p style="margin-top:0; margin-bottom: 0;" align="center">
]]></content:encoded>
			<wfw:commentRss>http://blog.hinerfeldcommercial.com/29/offices-should-have-quite-a-view/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hinerfeld Leases Hickory Street Property</title>
		<link>http://blog.hinerfeldcommercial.com/27/hinerfeld-commercial-real-estate-leases-13000-sf/</link>
		<comments>http://blog.hinerfeldcommercial.com/27/hinerfeld-commercial-real-estate-leases-13000-sf/#comments</comments>
		<pubDate>Fri, 25 Jan 2008 06:00:30 +0000</pubDate>
		<dc:creator>administrator</dc:creator>
				<category><![CDATA[Properties]]></category>
		<category><![CDATA[PA Properties]]></category>
		<category><![CDATA[Scranton Commercial]]></category>
		<category><![CDATA[Scranton Properties]]></category>
		<category><![CDATA[Scranton Property]]></category>
		<category><![CDATA[Scranton Real Estate]]></category>
		<category><![CDATA[Scranton Realtors]]></category>

		<guid isPermaLink="false">http://www.blackouthosting.com/hinerfeld/?p=27</guid>
		<description><![CDATA[SCRANTON, PA &#8211; Keystone Community Resources, Inc. leased 13,000 s/f of space at 215 Hickory St. from DDRC Realty Company. The space consists of 8,000 s/f of showroom and workshop space, 3,000 s/f of warehouse space and 2,000 s/f of unfinished space. John Cognetti, SIOR, CCIM, who represented DDRC in the lease negotiations, said that [...]]]></description>
			<content:encoded><![CDATA[<p>SCRANTON, PA &#8211; Keystone Community Resources, Inc. leased 13,000 s/f of space at 215 Hickory St. from DDRC Realty Company. The space consists of 8,000 s/f of showroom and workshop space, 3,000 s/f of warehouse space and 2,000 s/f of unfinished space.</p>
<p><em><img class="alignright size-full wp-image-57" title="Hickory Street Property, Scranton, PA" src="http://www.blackouthosting.com/hinerfeld/wp-content/uploads/2009/01/hickory-street-property.jpg" alt="Hickory Street Property, Scranton, PA" width="205" height="140" /></em>John Cognetti, SIOR, CCIM, who represented DDRC in the lease negotiations, said that the space was a perfect fit for this particular tenant. Their need was for space for an adult day activities center for persons with mild and severe disabilities, a storage facility for equipment and supplies that would serve all their facilities and office space plus adequate parking and space for client transport. The space at one time was home to a Harley Davidson franchise and recently was a showroom and production space for vinyl products contractor.</p>
<p>&#8220;Seeing beyond what was there took the creative efforts fo the Keystone staff, their architect and the owners who are general contractors,&#8221; said Cognetti. The location within two blocks of an entrance/exit ramp to the Central Scranton Expressway provides convenient access to all of Lackawanna County. Also it is near Downtown Scranton and accessible to all parts of the City.</p>
<p><em>-Courtesy of <a title="Mid Atlantic Real Estate Journal" href="http://www.njpajournal.com/" target="_blank">Mid Atlantic Real Estate Journal</a></em></p>
<p style="margin-top:0; margin-bottom: 0;" align="center">
]]></content:encoded>
			<wfw:commentRss>http://blog.hinerfeldcommercial.com/27/hinerfeld-commercial-real-estate-leases-13000-sf/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Scranton Engraving Faces Murky Future</title>
		<link>http://blog.hinerfeldcommercial.com/105/scranton-engraving-faces-murky-future/</link>
		<comments>http://blog.hinerfeldcommercial.com/105/scranton-engraving-faces-murky-future/#comments</comments>
		<pubDate>Sun, 25 Nov 2007 17:23:08 +0000</pubDate>
		<dc:creator>administrator</dc:creator>
				<category><![CDATA[Properties]]></category>
		<category><![CDATA[PA Properties]]></category>
		<category><![CDATA[Scranton Commercial]]></category>
		<category><![CDATA[Scranton Properties]]></category>
		<category><![CDATA[Scranton Property]]></category>
		<category><![CDATA[Scranton Real Estate]]></category>
		<category><![CDATA[Scranton Realtors]]></category>

		<guid isPermaLink="false">http://blog.hinerfeldcommercial.com/?p=105</guid>
		<description><![CDATA[A one-time downtown Scranton firehouse and long-time home of an engraving facility has been sold, and its fate is uncertain. Scranton Engraving, 233 Franklin Ave., was sold last week for $138,500 to Bill Rosado, owner of the Rosado Group and the Ford Dealership that flanks building. The seller was Scranton Engraving owner Thomas G. McCormack, [...]]]></description>
			<content:encoded><![CDATA[<p>A one-time downtown Scranton firehouse and long-time home of an engraving facility has been sold, and its fate is uncertain.</p>
<p><img class="alignright" title="Scranton Engraving Building" src="http://blog.hinerfeldcommercial.com/images/scranton-engraving.jpg" alt="" width="355" height="239" />Scranton Engraving, 233 Franklin Ave., was sold last week for $138,500 to Bill Rosado, owner of the Rosado Group and the Ford Dealership that flanks building.</p>
<p>The seller was Scranton Engraving owner Thomas G. McCormack, 82, who continued to run the business until a just few weeks ago.</p>
<p>Mr. McCormack purchased the business from Times-Shamrock Communications (which publishes BusinessWeekly) almost three decades ago. Scranton Engraving had been a wholly owned subsidiary whose largest customer was The Scranton Times, although the business did outside commercial jobs as well.</p>
<p>Because of technological upgrades, The Scranton Times production moved from hot-type to cold-type printing. Engraving was no longer needed, and the company sold the business to Mr. McCormack in June 1979.</p>
<p>With its handful of clients and six employees, the company moved to Franklin Avenue and continued to produce half tones, line negatives and other prepress services.</p>
<p>He was able to expanded the business. But the digital age soon caught up with company, as more printed material moved from a computer directly to a printer or offset plate. Prepress services became more obsolete.</p>
<p>In more recent years, Mr. McCormack kept the company going thanks plaque etching and boutique work. Shrinking volume and taxes took too great a toll.</p>
<p>“Business was good for a long time. We expanded, got more work and changed with what was happening, but we never got into computers,” Mr. McCormack said. “We did a good job, and we had loyal clients. But this sort of work isn’t needed as much, and we didn’t have the volume to continue.”</p>
<p>The property was listed by John Cognetti and Harry Rothstein, of Hinerfeld Commercial Real Estate, in Scranton. The building was initially listed at $190,000, Mr. Cognetti said, but its marketability was limited by its “as-is” status, equipment included in the sale and limited parking.</p>
<p>Mr. Cognetti said Mr. Rosado wasn’t sure if he had a use for the building or would demolish it.</p>
<p><strong>Property facts<br />
</strong>Location: 233 Franklin Ave., Scranton.<br />
Sale price: $138,500.<br />
Land: 3,600 square feet.<br />
Building: 4,900 square feet.<br />
Old use: Home of Scranton Engraving.<br />
New use: To be used or demolished by the surrounding car dealership.</p>
<p>- <em>Courtesy of <a title="The Scranton Times Business Weekly" href="http://www.thetimes-tribune.com/" target="_blank">The Times-Tribune Business Weekly</a></em></p>
]]></content:encoded>
			<wfw:commentRss>http://blog.hinerfeldcommercial.com/105/scranton-engraving-faces-murky-future/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hinerfeld Helps Sell Keen Floral Property</title>
		<link>http://blog.hinerfeldcommercial.com/130/hinerfeld-helps-sell-keen-floral-property/</link>
		<comments>http://blog.hinerfeldcommercial.com/130/hinerfeld-helps-sell-keen-floral-property/#comments</comments>
		<pubDate>Tue, 20 Nov 2007 18:17:56 +0000</pubDate>
		<dc:creator>administrator</dc:creator>
				<category><![CDATA[Properties]]></category>
		<category><![CDATA[PA Properties]]></category>
		<category><![CDATA[Scranton Commercial]]></category>
		<category><![CDATA[Scranton Properties]]></category>
		<category><![CDATA[Scranton Property]]></category>
		<category><![CDATA[Scranton Real Estate]]></category>
		<category><![CDATA[Scranton Realtors]]></category>

		<guid isPermaLink="false">http://blog.hinerfeldcommercial.com/?p=130</guid>
		<description><![CDATA[Recent Sale: 562 N. Main St., Pittston $230,000 The former Keen Floral retail outlet and warehouse was recently sold by Hinerfeld Commercial Real Estate of Scranton. The approximate 9,000-square-foot building has an 1,800-square-foot enclosed shipping dock. - Courtesy of The Times Leader]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" title="Keen Property" src="http://blog.hinerfeldcommercial.com/images/keen.jpg" alt="" width="250" height="182" />Recent Sale:<br />
562 N. Main St., Pittston<br />
$230,000<br />
The former Keen Floral retail outlet and warehouse was recently sold by Hinerfeld Commercial Real Estate of Scranton. The approximate 9,000-square-foot building has an 1,800-square-foot enclosed shipping dock.</p>
<p>- <em>Courtesy of <a title="The Times Leader" href="http://www.timesleader.com/" target="_blank">The Times Leader</a></em></p>
]]></content:encoded>
			<wfw:commentRss>http://blog.hinerfeldcommercial.com/130/hinerfeld-helps-sell-keen-floral-property/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Sundance Moving to a New Home</title>
		<link>http://blog.hinerfeldcommercial.com/102/sundance-moving-to-a-new-home/</link>
		<comments>http://blog.hinerfeldcommercial.com/102/sundance-moving-to-a-new-home/#comments</comments>
		<pubDate>Sun, 18 Nov 2007 17:19:17 +0000</pubDate>
		<dc:creator>administrator</dc:creator>
				<category><![CDATA[Properties]]></category>
		<category><![CDATA[PA Properties]]></category>
		<category><![CDATA[Scranton Commercial]]></category>
		<category><![CDATA[Scranton Properties]]></category>
		<category><![CDATA[Scranton Property]]></category>
		<category><![CDATA[Scranton Real Estate]]></category>
		<category><![CDATA[Scranton Realtors]]></category>

		<guid isPermaLink="false">http://blog.hinerfeldcommercial.com/?p=102</guid>
		<description><![CDATA[The founder and president of the vacation dealer, John Dowd, purchased the former state Department of Labor &#38; Industry building from the Girard Estate for $3.25 million and plans $1 million in renovations to the 47,000-square-foot building. Sundance will move from its current home on Kidder Street and occupy about one-third of the renovated building, [...]]]></description>
			<content:encoded><![CDATA[<p>The founder and president of the vacation dealer, John Dowd, purchased the former state Department of Labor &amp; Industry building from the Girard Estate for $3.25 million and plans $1 million in renovations to the 47,000-square-foot building. Sundance will move from its current home on Kidder Street and occupy about one-third of the renovated building, which it will use as corporate headquarters and a local marketing and sales office. The rest of the building, to be dubbed the Arena Commons, will be leased.</p>
<p>Despite the building’s desirable location at one of the busiest crossroads in Wilkes-Barre Township, it was on the market for about 18 months. Listing agent Mike Detter, of Hinerfeld Commercial Real Estate, said the seller was holding out for a buyer who saw value in the building. Land in the area has been selling for between $400,000 and $500,000 per acre, and the building lot was just over four acres.</p>
<p>“Developers would have liked to buy it for $2 million and tear down the building, but we wanted to wait for someone who both liked the location and saw value in the building,” Mr. Detter said.</p>
<p>While the Internet has nearly eliminated walk-in travel agencies, Sundance has been able to survive because of its unique approach. Its customers buy several weeks of vacations in advance, and then select their destinations from Sundance’s inventory of condominiums in vacation destinations.</p>
<p>“We are in a different niche, and we are growing,” said Kathy O’Mara, communication director for Sundance.</p>
<p>The building has more than 200 parking spaces and is off Interstate 81, across the street from the Wachovia Arena.</p>
<p><strong>Property facts</strong><br />
Location: 264 Highland Park Blvd., Wilkes-Barre Township<br />
Sale price: $3.25 million<br />
Land: 4 acres<br />
Building: 47,000 square feet<br />
Old use: Former state Department of Labor and Industry building.<br />
New use: Headquarters of Sundance Vacations and leased office space.</p>
<p>- <em>Courtesy of <a title="The Scranton Times Business Weekly" href="http://www.thetimes-tribune.com/" target="_blank">The Times-Tribune Business Weekly</a></em></p>
]]></content:encoded>
			<wfw:commentRss>http://blog.hinerfeldcommercial.com/102/sundance-moving-to-a-new-home/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Detter Helps Sundance Vacations Find New Home</title>
		<link>http://blog.hinerfeldcommercial.com/96/detter-helps-sundance-vacations-find-new-home/</link>
		<comments>http://blog.hinerfeldcommercial.com/96/detter-helps-sundance-vacations-find-new-home/#comments</comments>
		<pubDate>Wed, 14 Nov 2007 17:08:26 +0000</pubDate>
		<dc:creator>administrator</dc:creator>
				<category><![CDATA[Agents]]></category>
		<category><![CDATA[PA Properties]]></category>
		<category><![CDATA[Scranton Commercial]]></category>
		<category><![CDATA[Scranton Properties]]></category>
		<category><![CDATA[Scranton Property]]></category>
		<category><![CDATA[Scranton Real Estate]]></category>
		<category><![CDATA[Scranton Realtors]]></category>

		<guid isPermaLink="false">http://blog.hinerfeldcommercial.com/?p=96</guid>
		<description><![CDATA[Sundance Vacations will soon take a short trip to its new home near the Wachovia Arena. The company will move from its Kidder Street offices to the former state Department of Labor and Industry building on Highland Park Boulevard and rename the property The Arena Commons. Dowd Holdings L.P. purchased the property from the Girard [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" title="Sundance Vacations" src="http://blog.hinerfeldcommercial.com/images/sundance-vacations.jpg" alt="" width="300" height="179" />Sundance Vacations will soon take a short trip to its new home near the Wachovia Arena.</p>
<p>The company will move from its Kidder Street offices to the former state Department of Labor and Industry building on Highland Park Boulevard and rename the property The Arena Commons.</p>
<p>Dowd Holdings L.P. purchased the property from the Girard Estate last week for $3.25 million.</p>
<p>“This new building marks the latest phase in a significant investment for Sundance Vacations,” said John Dowd, company president.</p>
<p>Approximately $1 million will be invested in renovations. Sundance Vacations will move its corporate office into the building and will establish a new sales office there as well. The remaining 30,000 square feet will be leased.</p>
<p>The move will place Sundance Vacations in the “newest and most rapidly growing commercial thoroughfare in Northeastern Pennsylvania,” the company said in a press release.</p>
<p>The company showed an interest in the property months ago when the listing started to draw attention from prospective buyers, said Mike Detter, an associate of Hinerfeld Commercial Real Estate in Scranton.</p>
<p>The property was on the market for approximately a year and a half. In January it was listed at $4.2 million.</p>
<p>“After being quiet for a while we had a lot of interest in the spring and multiple offers in the summer,” he said. “Timing’s everything in real estate.”</p>
<p>The property’s location and the building’s size were big selling points. The 47,000-square-foot, one-story structure is situated on the 4.66-acre site near the arena.</p>
<p>The building was relatively new, constructed in 1992 and had been previously home to the Labor and Industry Department’s Bureau of Disability Determination. The tenant relocated to downtown Wilkes-Barre in 2005.</p>
<p>- <em>Courtesy of <a title="The Times Leader" href="http://www.timesleader.com/" target="_blank">The Times Leader</a></em></p>
]]></content:encoded>
			<wfw:commentRss>http://blog.hinerfeldcommercial.com/96/detter-helps-sundance-vacations-find-new-home/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

