City: Pittsburgh

Pittsburgh Business Journal An affiliate of The Davis Cos. has purchased the 107,000-square-foot Streets of Cranberry shopping center in Cranberry, Pa., about 20 miles north of Pittsburgh, for $26.5 million, or $247.66/sf. The property, at 20406-20436 State Route 19, was ...

Highlands REIT Inc. has sold the Bridgeside Point I office building in Pittsburgh for $38.5 million, or $251/sf. The 153,110-square-foot property, at 100 Technology Drive, is part of a 48-acre mixed-use development that was built on the site of the ...

A venture of Somera Road Inc. and Taconic Capital has acquired $75.2 million of soured CMBS debt against the Southside Works retail property in Pittsburgh. The debt, which was purchased for $44.1 million, was securitized through JPMorgan Chase Commercial Mortgage ...

Xenia Hotels & Resorts Inc. has paid $30 million, or $162,162/room, for the Fairmont hotel in Pittsburgh. The Orlando, Fla., REIT acquired the 185-room property from PNC Financial Services Group. The hotel, at 510 Market St., opened in 2010. It ...

Starwood Mortgage Capital has provided $90 million of permanent financing against the three-building Zenith Ridge Corporate Campus in the Pittsburgh suburb of Canonsburg, Pa. The 10-year loan was arranged by HFF. Its collateral consists of 486,000 square feet of office ...

Multi-Housing News A joint venture between Buligo Capital and Graycliff Capital has purchased the 319-unit Ascent Four Thirty apartments in Wexford, Pa., for $61 million, or about $191,222/unit. The NRP Group sold property, at 430 Ascent Drive, in a deal brokered ...

Pittsburgh Post-Gazette RDC Design + Build is under agreement to buy the 163,616-square-foot Federal Home Loan Bank Building in Pittsburgh for an undisclosed amount. The 17-story office building, at 601 Grant St., was built in 1958. Tenants include Federal Home ...

Pittsburgh Business Times A joint venture of Buligo Capital and Graycliff Capital has purchased Ascent 430, a 319-unit apartment property in the Pittsburgh suburb of Wexford, Pa., for about $60 million, or $188,088/unit. The property offers a mix of one-, ...