M id A tlantic Real Estate Journal — New Jersey — May 15 - 28, 2020 — Inside Back Cover B EXCITING DEVELOPMENT OPPORTUNITY!
Northeastern Pennsylvania 1800 N. Washington Avenue Scranton/Dunmore PA 18509
Consisting of nine buildings in a campus arrangement on 8.5 landscaped acres, it lies within theGreenRidge neighborhoodof theCity of Scranton and the Hollywood neighborhood of Dunmore Borough. Mountain vistas, a stream traversing the property, and mature landscaping, the site is a park in an urban setting. The location is walking distance to Marywood University’s campus, the neighborhood shopping areas of Green Ridge Corners and Dunmore Corners, and Downtown Scranton, at a public transportation bus stop, and within two miles to Interstates 81, 380 and 84 and two and one half hours to either New York City or Philadelphia. The collection of the architecturally beautiful and historic buildings totaling 169,845GSF with the landor the landalone at this locationprovides for a “oneofakind”realestatedevelopmentopportunity.
On behalf of Marywood University, Hinerfeld Commercial Real Estate seeks proposals to purchase and re-develop Marywood South Property, located partly in the Borough of Dunmore and partly in the City of Scranton. The completed Statement of Intent to Purchase and Develop Marywood South must describe the proposed redevelopment project, explain how such redevelopment will benefit the surrounding neighborhoods, describe the final use of the property, and illustrate your capacity to maintain the property.
For a Confidentiality Agreement, Offering Memorandum, property inspections and tours contact Hinerfeld Commercial Real Estate, John Cognetti, at (570) 207-4100 EXT 200 or email@example.com
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