Pittsburgh
Mylan to Build Corporate HQ in Town Center Overlay District
by Adriana Pop, Associate Editor
Mylan Inc. plans to develop new corporate headquarters near its current location in the Southpointe Office Park in Cecil Township, Washington County, Pa.
The project entails the development of an approximately 280,000-square-feet LEED-certified office building. Expected to […]
Healthcare Trust Buys Medical Office Building for $54M
by Adriana Pop, Associate Editor
Healthcare Trust of America recently purchased the eight-story Penn Avenue Place office building for $54 million. According to the Pittsburgh Tribune-Review, the seller is Penn Avenue Place Associates LP, led by Steven J. Guy.
Healthcare Trust of […]
New Retail Space to Replace Boscov’s at South Hills Village Mall
by Adriana Pop, Associate Editor
Construction of new retail space is underway at the site of the former Boscov’s department store at South Hills Village shopping mall.
According to the Pittsburgh Post-gazette, the investment entails the development of both a 145,000-square-foot […]
Burns & Scalo to Develop $40M Office Space in Southpointe II
By Adriana Pop, Associate Editor
Burns & Scalo Real Estate Services plans to construct two identical 100,000-square-foot office buildings in Southpointe II.
The $40 million development takes advantage of the increasing regional need for commercial real estate. Jim Scalo, president of Burns & Scalo Real […]
Buncher Receives URA’s Support to Redevelop Railroad Terminal
By Liviu Oltean, Associate Editor
The Buncher Co. made progress in pursuing its masterplan to redevelop the Pennsylvania Railroad Fruit Auction Terminal Building and turn it into a mixed-use project.
According to the Pittsburgh Business News, the Urban Redevelopment Authority (URA) hopes to provide incentives for […]
ULS Relocates to Park Place One
By Liviu Oltean, Associate Editor
United Lender Services (ULS) has announced it will soon occupy 48,000 square feet of office space in Park Place One. Located in the suburban Parkway West area of Pittsburgh, Park Place One and Park Place Two […]
RIDC Receives $15M Funding for Large-Scale Developments
By Liviu Oltean, Associate Editor
The Regional Industrial Development Corp. of Southwestern Pennsylvania (RIDC) has been offered grants and low interest loans totaling up to $15 million for the development of large-scale regional projects.
The funding was recently approved by the Commonwealth Financing […]
RLJ Lodging Trust Completes $24M Hotel Conversions
By Liviu Oltean, Associate Editor
RLJ Lodging Trust has recently completed a $24 million conversion of three hotels – the Hilton Garden Inn Pittsburgh University Place, the Hilton Garden Inn Durham and the Embassy Suites West Palm Beach-Central.
The conversions were part […]
PNC’s $400M Leed-Certified Tower Gets Green Light
By Liviu Oltean, Associate Editor
The city planning commission voted in favor of the development of Tower at PNC Plaza.
The tower is a 33-story glass office building that will house PNC Financial Services Group. Estimated to cost about $400 million, the PNC tower […]
Dickie & McCamey Renews Lease at PPG Place
By Liviu Oltean, Associate Editor
Dickie & McCamey has decided to renew the lease at PPG Place by 10 years. As reported in November by the Pittsburgh Business News, the law firm’s 10-year lease was set to expire in 2014, and the firm […]