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deal is for 80% stake and values the building at $40Mln; former Westinghouse Building
April 1, 2003 IPC US REIT has completed its acquisition of an 80 percent stake in 11 Stanwix St., a 429,000-square-foot office building in Pittsburgh. The deal values the 23-story tower at $40 million.Jeffrey B. Ackerman, an executive vice president ...
March 31, 2003 Pittsburgh Post-Gazette, March 28The lack of a new convention center hotel is threatening to derail the city's efforts to attract business to the new David L. Lawrence Convention Center, according to the Greater Pittsburgh Convention & Visitors ...
March 31, 2003 Pittsburgh Business TimesThe nonprofit Institute for Transfusion Medicine, which has been looking for about 125,000 square feet of office space since late 2001, is close to signing a deal at Penn Liberty Plaza, a 400,000-sf office building ...
March 31, 2003 Pittsburgh Business TimesDel Monte Foods, which has been looking for 200,000 square feet of office space in Pittsburgh, is focusing on Dominion Tower, an office tower on Liberty Avenue in downtown. Though no deal has been signed, ...
March 21, 2003 Pittsburgh Post-GazetteConstruction could begin this year on two mixed-used projects in Pittsburgh, each that promises to bring new movie screens to the city. The Soffer Organization said it's on track to start work by mid-summer on a ...
March 20, 2003 Pittsburgh Post-GazetteKravco Co., the consultant hired to revive the Fifth and Forbes shopping district in downtown Pittsburgh, said the area could support 100,000 to 150,000 square feet of new retail. The company is in the middle of ...
March 10, 2003 Pittsburgh Business TimesMichelle Frangos and Todd Allen, developers of the Rubicon office building in Pittsburgh's Shadyside district, have settled their lawsuit with Sony Corp. after the technology firm pulled out as a tenant in their building two ...
March 7, 2003 Commercial Real Estate Direct Staff ReportIPC US REIT (TSE: IUR.U) has agreed to buy a majority stake in a 23-story office tower in Pittsburgh.The Toronto-based REIT is buying an 80 percent partnership interest in 11 Stanwix St. ...
March 5, 2003 Pittsburgh Post-GazetteThe Pittsburgh City Council joined a group of construction unions yesterday in condemning Continental Real Estate for using nonunion workers on a $29 million apartment construction project on the city's South Side. The 270-unit rental housing ...
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