Real Estate Notes
By Sam Spatter
Published: Sunday, September 11, 2011
• John Innocenti, UPMC Presbyterian Shadyside Hospital president, will oversee a community hearing from 6 to 8 p.m. on Monday at the Biomedical Science Tower, Suite 120, 200 Lothrop St., Oakland, on development of the Hospital Campus Master Plan for the Oakland campus. On Thursday, he will hold a similar meeting at Shadyside Hospital for community residents to review the Master Campus Plan for Shadyside. Both sessions are from 6 p.m. to 8 p.m.
• Madison Avenue Associates LP will seek approval on Thursday from the Pittsburgh Zoning Board of Adjustment for a special exception and other variances in order to build a 17,000-square-foot, one-story medical office building at 903 Madison St., North Side. The plan includes 27 parking spaces at the rear of the property. The board will hear plans by Rohrich Cadillac Inc. for a 43,800-square-foot, two-story addition to a one-story structure at 2116 W. Liberty Ave. Forbes Street Associates will present plans to use 800 square feet at 441 Smithfield St., Downtown, for a check-cashing facility. Frank Harris will discuss plans to use a two-story building at 7401 Frankstown Ave., Homewood, as a club on the first floor and one dwelling above. Patricia Cook wants to use a two-story building at 5541 Stanton Ave., East Liberty, for eight residential units with five off-street parking spaces. Mario Fava hopes to install three ornamental ponds at the rear of a 2 1/2-story single-family house at 3326 Dawson St., Oakland.
• A two-day celebration by the Realtors Association of Metropolitan Pittsburgh will mark its 100th anniversary starting Sept. 30. That day, the annual meeting and membership awards, along with a panel discussion on Allegheny County's property reassessment, will be held from 3 p.m. to 4:30 p.m. at Penn Brewery, 800 Vinial St., North Side. From 4:30 p.m. to 7 p.m., the Centennial Weekend Kick-off reception will be held there. A reunion with past presidents of RAMP will begin Oct. 1 with a program from 11 a.m. to 2 p.m. at Bucca Di Beppo, the site of RAMP's previous offices in the Express House, Station Square. Members and guests will celebrate RAMP's place in history from 5:30 p.m. to 10:30 p.m, at the Senator John Heinz History Center, 1212 Smallman St., Strip District. Registration is being accepted at RAMP headquarters.
• "Building Sustainable Communities: Revitalizing Your Town," is the topic for a workshop on Thursday in Greensburg, sponsored by the Redevelopment Authority of the County of Westmoreland. The program is presented by the National Brownfield Association. The event, from 8:30 a.m. to 4 p.m., will be at the Palace Theatre, 21 W. Otterman St. Cost is $195. Speakers include Larry Larese, former director, Westmoreland County Planning Department and Industrial Development Corp., and Ted Kopas, Westmoreland County commissioner, along with state development and national brownfield officials.
• A public hearing is scheduled Wednesday on a request by AR Building Co. to revise the street layout at Summit Ridge Planned Residential Development, Oakdale. The company has built 136 units and plans 32 more. The hearing is at 6 p.m., Collier Township municipal building, 2418 Hilltop Road.
• Visiting Angels, a Homecare operation, has doubled the size of its local facility by opening an office on Route 88, at 4146 Library Road, Castle Shannon. The agency offers non-medical, in-home assistance. Jeff Carroll opened Visiting Angels seven years ago.
DEALS OF THE WEEK
A quick look at recent retail, commercial and industrial projects, sales and leases of note in Western Pennsylvania:
PRICE: $1 million
Property: 2150 Noblestown Road, Pittsburgh
Seller: JAAR Associates, Pittsburgh
Buyer: Hempfield Commercial Properties LP (part of Trinity Commercial Development LLC), Emsworth
Details: The 4.8-acre site has a 60,000-square-foot building with offices and a warehouse.
Comment: "The new owner is uncertain about future development plans for the property," said Bill Ostrow, of Howard Hanna Commercial.
Property: Route 8, Hampton
Seller: Aldi Inc., Saxonburg
Buyer: Fifth Third Bank, Cincinnati
Details: About an acre of vacant land
Comment: "We plan to build a bank branch office there in 2012," said Jill Sandilla, senior vice president-retail, Fifth Third Bank.
Property: 950 Greentree Road, Green Tree
Seller: CSB Service Corp.
Buyer: Edward and Judy Wetzel, Pittsburgh
Details: Three-story office building, 50 percent leased, 70 car parking spaces
Comment: "We have hired an architect to design a renovation of the building and parking area, which could cost up to $150,000," said Edward Wetzel.
Recent home and condominium sales that brought top prices in Western Pennsylvania.
PRICE: $1 million
Property: Sewickley Heights
Seller: Olga Ostern
Buyer: William Recker and Kirsten Recker-Stripay
Details: Two-story Colonial with three bedrooms, three-car covered parking area
Comment: "The buyers owned land adjacent to the property and apparently wanted to add to their ownership," said Carroll Ferguson, listing agent with Howard Hanna Real Estate.
Seller: Pitell Contracting
Buyer: Joseph and Janet Zwetolitz
Details: Two-story Provincial, four bedrooms, three-car attached garage
Comment: "The buyers liked the house in a new development of 49 lots. It is close for children to schools and the stadium, and on a large flat lot," said Carol Bagaley, listing agent with Coldwell Banker Real Estate.
Seller: Piatt Place Downtown Residences LLC
Buyer: Steve Perkins
Details: Condomium has a large balcony, benefits from city's 10-year tax abatement.
Comment: "The buyer was from out-of-town. He liked having a balcony for outdoor views and living Downtown," said MaryAnn Bacharach of Howard Hanna Real Estate.
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