Peoples Financial Services Corp. announced that its subsidiary, Peoples Security Bank and Trust Company, has entered into a Purchase and Sale Agreement to acquire real property located at 30 E.D. Preate Drive, Moosic, Pennsylvania, from Moosic Holdings, LLC. The purchase price is set at $19.5 million, with additional payments of $3 million for repairs and improvements and up to $500,000 for office fit-out costs. The transaction is expected to close by June 30, 2026, with all current leases at the property being assumed by the bank.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Peoples Financial Services Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-063613), on June 27, 2025, and is solely responsible for the information contained therein.