Industrial - Pittsburgh

  • Pennsylvania Warehouse Trades for $16M

    By Mihaela Coste 350 Alvin Drive, New Kensington, Pa. New Kensington, Pa.—Marcus & Millichap recently closed the sale of a 239,400-square-foot industrial property in New Kensington. The asset was acquired by Broadstone Real Estate LLC for $15.5 million. The seller Kacin Co. was represented by Marcus & Millichap’s Senior Associate Donovan Mackey, Associate

    01 February 2017 14:40
  • Almono Mill Building Redevelopment Gets the Green Light

    The first phase of the steel mill conversion in Hazelwood hopes to draw more tech and robotics companies to Pittsburgh.

    07 September 2016 19:16
  • How Will Shell’s Investment Decision Boost Beaver County?

    A new era is about to begin for western Pennsylvania’s struggling shale-gas industry.

    06 September 2016 13:20
  • Chatham Lodging Trust to Acquire Pittsburgh Hyatt Place for $40M

    Chatham Lodging Trust has agreed to purchase the 178-room Hyatt Place Pittsburgh/North Shore near downtown Pittsburgh for $40 million. Scheduled for completion by June 17, the transaction is subject to customary closing requirements and conditions.

    12 June 2013 21:10
  • ERT to Acquire Biomedical Company Invivodata

    by Adriana Pop, Associate Editor Global technology company ERT purchased Pittsburgh-based biomedical company Invivodata, Inc. for an undisclosed amount. The acquisition positions ERT as a leader in Clinical Outcome Assessments. The transaction was facilitated by San Francisco-based private equity group, Genstar Capital LLC, which recently announced it has completed the acquisition of ERT. In June, [...]

    12 July 2012 15:20
  • Pittsburgh Penguins, University of Pittsburgh Plan for Sports Complex in Cranberry

    Adriana Pop, Associate Editor The Pittsburgh Penguins along with the University of Pittsburgh Medical Center (UPMC) are planning a joint practice rink and sports medicine complex in Cranberry. According to the patch.com, the proposed 150,000-square-foot complex would be located in the Summit of Cranberry Woods business park off Route 228, near Hilton Garden Inn. Penguins [...]

    07 July 2012 02:00
  • PNC to Acquire Former Lord & Taylor Building

    by Adriana Pop, Associate Editor PNC Financial Services Group will acquire the former Mellon Bank building at Smithfield Street and Fifth Avenue in Downtown Pittsburgh. PNC has reached a deal with Forest Hills-based J.J. Gumberg Co. to purchase the property for an undisclosed amount, the Pittsburgh Post-Gazette reports. The transaction should close by the end [...]

    08 June 2012 14:59
  • Impakt Development Nears Completion on School Conversion

    by Adriana Pop, Associate Editor The conversion of the historic Fifth Avenue School into a luxury apartment building is nearing completion. Located near the South Side, Downtown and Oakland, Pittsburgh’s newest loft project offers 65 large floor plans. The Pittsburgh Business Times reported that work began in 2010, and the first units would be turned [...]

    27 April 2012 22:10