Pittsburgh
Construction on Next Phase of Mosites Co.’s East Side Project Could Begin This Summer; Cenevo Signs Major Lease at RIDC Westmoreland
Local development company Mosites Co. is planning a summer construction start for Eastside III, a mixed-use, three-building complex in the city’s East Liberty neighborhood.
Apartment Redevelopment Project in Downtown Pittsburgh Nears Completion
Red Rocks Group is converting the 19th century building at 121 Seventh St. in downtown Pittsburgh into 40 loft-style apartments.
Developers Celebrate Groundbreaking of First Office Building at Bakery Square 2.0 in Pittsburgh
Local officials, as well as university and community representatives joined Walnut Capital and its development partner, RCG Longview, for the groundbreaking ceremony of the first of two new office buildings at Bakery Square 2.0, the $120 million mixed-use project rising along Penn Avenue, on the site of the former Reizenstein school.
HFF Secures $165M in Financing for 2 MSF Retail Portfolio in Pennsylvania, Ohio
A 1.9 million-square-foot collection of four retail properties in metropolitan Pittsburgh and the greater Toledo region has reeled in $165 million in financing.
UPMC to Occupy Former Heinz Space in Downtown Pittsburgh
The UPMC health system has announced it would relocate its 450 employees from Chatham Center to Heinz 57 Center at 339 Sixth Avenue in downtown Pittsburgh.
Walnut Capital Partners Plans Apartment and Retail Project in East Liberty
More apartments and retail space could be rising in the heart of the city’s East Liberty neighborhood.
Plans Move Forward for Massive Newbury Market Brownfield in South Fayette
South Fayette commissioners have recently approved the site plan for the Newbury Market, a mix of retail, restaurant, office and hotel space slated to rise across 100 acres of land near the Bridgeville interchange of Interstate 79.
City Vista Apartment Community in Pittsburgh Nears Completion
Construction has begun on the last building of the 272-unit City Vista apartment complex behind Parkway Center Mall in the city’s suburban area, the Pittsburgh Business Times reports.
Faros Properties Pays $44.9M to Acquire Massive Apartment Community in Downtown Pittsburgh
Real estate investment firm Faros Properties of New York has closed on the acquisition of the approximately 800-unit Allegheny Center Apartments on the North Side of Pittsburgh, perhaps the largest residential rental complex in the city and region.
Boston Firm Acquires Landmark Union Trust Building in Downtown Pittsburgh
The Davis Companies, a real estate investment and development firm based in Boston, has acquired the historic Union Trust Building in downtown Pittsburgh. According to the Pittsburgh Post-Gazette, the company purchased the property for $14 million at a recent sheriff sale.