JBAS Realty buys building on Franklin

Robert Tomkavage, The Times-Tribune, Scranton, Pa.
·1 min read

Jun. 14—SCRANTON

JBAS Realty buys downtown building

JBAS Realty LLC purchased the former Pasqualichio Brothers Inc. building at 115 Franklin Ave. for $450,000, according to a deed filed this month in Lackawanna County.

Pasqualichio Brothers Inc. bought 5 acres in the Valley View Business Park in 2007 to build a new 40,000-square-foot facility.

Four brothers, Michael, Dominick, William and Patrick, founded the company in 1980 as a meat distributor serving New York, New Jersey and Pennsylvania.

The business operated out of the two-story building on Franklin Avenue for more than 30 years.

John Basalyga, owner of JBAS Realty LLC, said he initially hopes to lease the space for cold storage or some sort of manufacturing business.

"If that doesn't work well, we'll turn it into apartments," he said. "It's a great fit for either one."

— ROBERT TOMKAVAGE

— ROBERT TOMKAVAGE