Posts Tagged ‘Scranton Commercial’

Cognetti Helps Sell Dunmore Defense Plant Site

Tuesday, February 26th, 2008

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 is developing the property with brother Joe Ferrario and Mike Vacendak.

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Snack Food Firm Expands Holdings

Thursday, February 14th, 2008

MOOSIC, PA – A frozen snack foods manufacturer has acquired an adjacent building for $1.2 million for additional storage.

J&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 from a leased site in Scranton to the Moosic building by April 1, Mr. Couzens said.

John Cognetti, president of Hinerfeld Commercial Realty, which represented seller Carl Touhey, of Albany, N.Y., said the structure was built in the early ’80s for Federal Express.

Its most recent tenants were DHL Express and Jack Williams Tire & Auto Service Centers.

-Courtesy of The Times-Tribune

Detter Leasing Keystone Commons Property

Wednesday, February 13th, 2008

PLAINS TWP., PA – Keystone Commons should be more than an idea by next February.

The Keystone CommonsConstruction 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.

“That will be the tentative goal,” Siegel said Monday after he and Ernie McCabe, president of Ruckno’s commercial division, visited the site along Baltimore Drive.

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