Beacon Medical to Develop at Mount Pleasant Corporate Center

First row, from left, Atty. Robert Kelly, President of SLIBCO; and Daniel Siegel, Esq., Beacon Medical Realty Advisors LLC; standing, Austin Burke, Executive Vice President, SLIBCO; Chris Longo, Beacon Medical Realty Advisors LLC; Atty. Richard Reed, Kreder Brooks Hailstone; and Andrew Skrip, SLIBCO.

The first sale at Mount Pleasant Corporate Center took place on Friday, October 9, 2009. Beacon Summit at Scranton, LLC purchased the 3.26 acre lot from Scranton Lackawanna Industrial Building Company (SLIBCO).

“The recent development in the Scranton area, specifically The Commonwealth Medical College, was what initially attracted our group to Scranton and this site” stated Daniel Siegel, Beacon Medical Real Estate. “This is an ideal location for a professional office building and we are hoping that this is the first of many development opportunities here.”

Beacon Medical Real Estate is an elite real estate development partnership that has been established since 1990. The principals of Beacon have designed, developed and managed over 1.5 million square feet throughout New Jersey, New York and are now making their mark in Pennsylvania.

Beacon Medical Real Estate will be constructing a 30,000 square foot, two story medical/professional services building. Beacon has plans to begin construction as early as next month, with an expected completion date of fall 2010. Space would be divisible from 1,200 square feet to 30,000 square feet.

“This project will attract interest with its superior location, abundant parking, and first class construction. It may take a little more effort with the current economic conditions, yet I am confident we will secure quality tenants for the building” said Mike Detter, Hinerfeld Commercial Real Estate.

Mount Pleasant Corporate Center is a 23 acre tract of land that SLIBCO purchased in March 2008 from Keystone Concrete Block Supply. This is a $7 million dollar project that SLIBCO expects will result in the development of over 210,000 square feet of buildings and the creation of 1,000 jobs. The park will consist of five lots ranging from 1.7 to 9.5 acres available for commercial/retail development.

“SLIBCO’s investment in the future of Scranton provides the quality office setting that leading firms demand for their clients and their employees. This gateway to our city is being transformed into a beautiful, productive setting of which we can all be proud” stated Austin Burke, executive vice president, SLIBCO.




	First row, from left, Atty. Robert Kelly, President of SLIBCO; and Daniel Siegel, Esq., Beacon Medical Realty Advisors LLC; standing, Austin Burke, Executive Vice President, SLIBCO; Chris Longo, Beacon Medical Realty Advisors LLC; Atty. Richard Reed, Kreder Brooks Hailstone; and Andrew Skrip, SLIBCO. Beacon Medical to Develop at Mount Pleasant Corporate Center The first sale at Mount Pleasant Corporate Center took place on Friday, October 9, 2009. Beacon Summit at Scranton, LLC purchased the 3.26 acre lot from Scranton Lackawanna Industrial Building Company (SLIBCO). “The recent development in the Scranton area, specifically The Commonwealth Medical College, was what initially attracted our group to Scranton and this site” stated Daniel Siegel, Beacon Medical Real Estate. “This is an ideal location for a professional office building and we are hoping that this is the first of many development opportunities here.” Beacon Medical Real Estate is an elite real estate development partnership that has been established since 1990. The principals of Beacon have designed, developed and managed over 1.5 million square feet throughout New Jersey, New York and are now making their mark in Pennsylvania. Beacon Medical Real Estate will be constructing a 30,000 square foot, two story medical/professional services building. Beacon has plans to begin construction as early as next month, with an expected completion date of fall 2010. Space would be divisible from 1,200 square feet to 30,000 square feet. “This project will attract interest with its superior location, abundant parking, and first class construction. It may take a little more effort with the current economic conditions, yet I am confident we will secure quality tenants for the building” said Mike Detter, Hinerfeld Commercial Real Estate. Mount Pleasant Corporate Center is a 23 acre tract of land that SLIBCO purchased in March 2008 from Keystone Concrete Block Supply. This is a $7 million dollar project that SLIBCO expects will result in the development of over 210,000 square feet of buildings and the creation of 1,000 jobs. The park will consist of five lots ranging from 1.7 to 9.5 acres available for commercial/retail development. “SLIBCO’s investment in the future of Scranton provides the quality office setting that leading firms demand for their clients and their employees. This gateway to our city is being transformed into a beautiful, productive setting of which we can all be proud” stated Austin Burke, executive vice president, SLIBCO.
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