Pittsburgh
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.
Mexican Investor Enters Pittsburgh Market
The Aztec Fund purchased a premier office building in Canonsburg, Penn., for $20.5 million. The asset is part of the only mixed-use campus in southwestern Pennsylvania.
Petrosoft Consolidates Pittsburgh HQ
The company will move its employees to a newly refurbished, 67,000-square-foot office building in Pittsburgh due to the expansion of its retail operations.
Expedient Completes $14M Pittsburgh Expansion
The company, which operates two data centers in Pittsburgh, invested in a 10,000-square-foot expansion of the building located downtown.
Former Pittsburgh Mill Redevelopment Breaks Ground
The first phase of the former LTV Steel site redevelopment in Hazelwood comprises 94,000 square feet and will house mostly R&D and office spaces.
TCM Sells Limited Partnership Interest in PA Retail Asset
Miracle Mile Retail Center is a power center anchored by tenants such as LA Fitness, Marshalls, PNC Bank and others. The property was 98 percent occupied at the time of the sale.
UPMC to Build Pittsburgh Hospitals for $2B
The health care provider will develop three cutting-edge specialty hospitals totaling more than 1.6 million square feet in the Steel City’s metro area.
Intervala Inks New Long-Term Lease with RIDC
The high-tech electronics manufacturing company signed a five-year agreement for 135,000 square feet at the newly-rehabilitated Keystone Commons in Turtle Creek, Pa.