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.
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