Pittsburgh
Oxford Development Lands Coworking Tenant
Serendipity Labs plans to open its first Pittsburgh location in December, encompassing approximately 25,000 square feet at 3 Crossings in the city’s Strip District.
HFF Secures $90M Refi for Pittsburgh-Area Campus
The office complex comprises three LEED-certified buildings totaling more than 450,000 square feet. Starwood Mortgage Capital provided the 10-year, fixed-rate loan.
Pittsburgh Plugs into ESAS
In the first U.S. initiative of its kind, IoT-based technology will cut the city’s power costs.
HFF Brokers $13M Sale of Pittsburgh-Area Retail Asset
Fully occupied by Levin Furniture, the 53,000-square-foot property is located adjacent to a Whole Foods-anchored retail center along Perry Highway.
DataBank Expands Pittsburgh Facility
The PIT1 facility, located within the recently redeveloped NOVA Place, will almost double in size with its upcoming 10,000 square feet of raised floor and an additional 1.5 megawatts.
Colliers Brokers Sale of 2 PA Retail Assets
The properties—a 9,000-square-foot, three-story historic office and retail building and a gas station/convenience center—traded for a combined $6.8 million.
ANSYS Expands Pittsburgh HQ Space
The company will be leasing an additional 31,000 square feet at Zenith Ridge in Southpointe II, a luxury office campus, where it currently occupies 186,000 square feet.
Pittsburgh Embassy Suites Changes Hands for $25M
The sale of Embassy Suites Pittsburgh Airport hotel in Coraopolis was brokered by Marcus & Millichap, equating to a price of $112,108 per key.
T2 Capital to Invest $10M in PA Distribution Facility
The company acquired the currently vacant facility with plans to fully upgrade and rebrand it as Canonsburg Distribution Center. The improvement program is slated for completion in September.
Forest City Sells Pittsburgh Mall
The nearly 900,000-square-foot regional mall is part of a larger, 10-property retail portfolio, as the firm continues to shed its shopping center assets.