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Hinerfield Commercial Brokers Acquisition of 158,200 SF Industrial Building in Scranton, Pennsylvania

501-S-Washington-Ave-Scranton-PA

Banko Northeast occupies the 158,200-square-foot industrial property located in Scranton, Pa.

SCRANTON, PA. — Hinerfield Commercial Real Estate has arranged the acquisition of an industrial building located at 501 S. Washington Ave. in Scranton. MTM Real Estate Co. sold the 158,200-square-foot building to Wyoming Avenue Development for an undisclosed price. Banko Northeast currently occupies the property, which offers dry and wet warehouse distribution space and 13,000 square feet of office space. Dave Daris of Mericle Commercial Real Estate represented the seller, while John Cognetti of Hinerfield represented the buyer in the deal.

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