City: Pittsburgh

Tempus Realty Partners has paid $43.75 million, or $347.26/sf, for the 125,985-square-foot mixed-use property at 1600 Smallman St. in the Strip District of Pittsburgh. The Little Rock, Ark., investor acquired the property from McCaffery Interests of Chicago in a deal arranged ...

Commercial Real Estate Direct Staff Report McKnight Realty Partners, which owns the 416,512-square-foot industrial property at 150 Thorn Hill Road in the Pittsburgh suburb of Warrendale, Pa., evidently has been unable to execute a lease extension with the property's largest ...

Dollar Bank has provided $67 million of construction financing to fund the development of the 291-unit 21 West apartment property in Pittsburgh. The property, at 430 West General Robinson St., is being developed by a venture of Oxford Development Co. ...

Wall Street Journal Homer City Redevelopment is planning to build a 4.5-gigawatt data center campus on the site of the former Homer City Generating Station in Homer City, Pa., about 50 miles east of Pittsburgh. The site previously held Pennsylvania's ...

Commercial Real Estate Direct Staff Report The owner of the 301,771-square-foot office property at 411 Seventh Ave. in Pittsburgh, facing the likelihood that the building's occupancy will plunge to 23%, was unable to refinance its $18.07 million mortgage when it ...

Commercial Real Estate Direct Staff Report CBL Properties has sold the Monroeville Mall and annex in the Pittsburgh suburb of Monroeville, Pa., for $34 million. The Chattanooga, Tenn., company sold the property to an investor group, South Saturn Ridge LLC, ...

Commercial Real Estate Direct Staff Report CBRE has been appointed, by the Allegheny County Common Pleas Court, to serve as receiver for the 1.47 million-square-foot Gateway Center office complex in downtown Pittsburgh. The four-building property backs a $93.33 million CMBS ...

Commercial Real Estate Direct Staff Report The $93.97 million loan against the 1.47 million-square-foot Gateway Center office complex in downtown Pittsburgh has transferred to special servicing for the second time, as its maturity approaches. The loan, securitized through JPMorgan Chase ...

Piatt Industries, which owns the 570-space parking garage at 350 Oliver Ave. in Pittsburgh, has sold the ground beneath the property for $9 million and financed the improvements with a $14.4 million loan from Dollar Bank. Piatt, a Canonsburg, Pa., ...

A venture of Milhaus and BAM Capital will develop a 272-unit apartment property in the Pittsburgh suburb of Robinson Township, Pa. The project, Nox Living, will have units with up to three bedrooms each. It will include a swimming pool, ...