Real Estate Notes
By Sam Spatter and Laura L. Lenk,
Published: Sunday, June 5, 2011
• Handicapped visitors to the Phipps Conservatory and Botanical Gardens and Phipps Center for Sustainable Landscape have an easier path with completion of an extended elevated walkway and elevator by Landau Building Co. of McCandless. The 20-foot addition provides a better view of the Rain Forest.
• Two clean rooms have been built for Stemnion Inc., a regenerative medicine company in Pittsburgh. Built by HWI Global Inc., the rooms are in the Thermo-Fisher Scientific building, 100 Technology Dr., Pittsburgh Technology Park, South Oakland, and in Florida. Turner Construction Co. made the improvements. Stemnion needs clean rooms to validate stem cell research.
• Judith A. Hale Reed and Keith Reed will ask the Pittsburgh Zoning Board of Adjustment on Thursday for approval to use five beehives at 502 Frayne St., Greenfield. East Liberty Development Inc. wants to use a five-story structure at 120 Whitfield St. for multi-unit residential and a restaurant. Shawn K. Thor wants to build five three-story, single-family attached dwellings, each with a one-car garage, at 4026 Mintwood Ave., Lawrenceville. The Reformed Presbyterian Church wants to use a one-story structure at 2001 Pioneer Ave., Brookline, for religious assembly with 26 parking spaces. Daniel Smithbower will seek approval to reconstruct a building containing a non-conforming adult entertainment use at 1885 Saw Mill Run Blvd., Overbrook. Board meetings are on the first floor of the John P. Robin Civic Building, 200 Ross St., Downtown.
• Four Massage Envy Spa sites have opened in the region and Sol Glatstein, who holds the franchise, plans to develop 10 more over the next several years. The sites are 5836 Forbes Ave., Squirrel Hill; 5223 Library Road, South Park; 4120 Washington Road, McMurray, and 1694 Route 228, Cranberry.
•The Pittsburgh Planning Commission will hold a hearing at 2 p.m. Tuesday on an amendment to the zoning code for electronic signs. The amendment includes a new category, community message sign. The hearing will be in the first floor of the John P. Robin Civic Building.
• An office for Howard Hanna Real Estate Services is being built at 5048 Route 8, Hampton, a site formerly occupied by Truck N Stuff. The building will be renovated and expanded to provide 4,300 square feet of office space when it opens by year's end. The current Rt. 8 office will be closed at that time. Architect is Stephen Casey Architects; contractor is Riley Construction.
• Coldwell Banker Real Estate Services, with more than $1.3 billion in closed sales volume, is ranked No. 2 in Pittsburgh by Real Trends 500, the annual research report of the nation's largest residential real estate brokerage companies. Coldwell Banker, with 14 local offices, closed 7,182 transactions. Its parent company, NRT LLC, has been ranked first nationally.
Real estate gallery
• Northwood Realty Services hired sales agents Christine Frost , Airport; Lois Foust and Daniel Ulrich , Grove City; Victoria Kleber , Hampton; Robert Izenas , Hermitage; Bobbie Tomb , Latrobe; Kirk Holloway , Monroeville; Amy Hines , Murrysville; Jerry Mackie , New Castle; Kendra Gruszka , North Hills; Kati Heifner , Robinson/Showcase Homes; Richard Garzony , Squirrel Hill; and Mary McCullough , Upper St. Clair.
• Michael H. Sell , manager of the Investment Services Group at Grant Street Associates Inc., earned a certified commercial investment member designation.
DEALS OF THE WEEK
A quick look at recent retail, commercial and industrial projects, sales and leases of note in Western Pennsylvania:
PRICE: $9.1 million
Property: Scenic Drive, North Fayette
Seller: Franklin Lakeview Estates LLC
Buyer: CNX Land Resources Inc.
Details: 960 acres with two lakes that cover 121 acres and 48 acres
Comment: "The lakes, not a public water supply, currently are being used to support energy operations of Consol Energy, and Consol will investigate opportunities to develop residential housing there besides energy production activities," spokeswoman Laural Ziemba said.
Property sold: 400 Beta Dr., O'Hara
Seller: Regional Industrial Development Corp. of Southwestern Pa.
Buyer: Tessa One Inc.
Details: A bank building on more than two acres
Comment: "Chip Ganassi, the buyer, plans to convert the building into his local office, moving from One Oxford Centre, Downtown," said Bill Burroughs, RIDC vice president-development.
524 Penn Ave., Downtown
Seller: S&T Bank
Buyer: Penn Ave Renaissance II LP, Pittsburgh
Details: Eight-story building, has been used for offices
Comment: "We plan to develop between 15 and 20 moderately-priced condominiums, priced from $160,000 to $260,000," said Todd Palcic, who with a partner acquired the building.
Seller: David Mitchell
Buyers: Robert and Donna Lee Brezler
Details: Contemporary ranch, five bedrooms, great room with stone fireplace, first floor recreation/media room
Comment: "The buyers loved how large the ranch was, the amount of acreage, the governor's driveway and the many upgrades and features in the house," said Donna Stewart, who with Bonnie Heinecke, both with Howard Hanna Real Estate, were the listing agents.
Seller: Cynthia Ann Loebig of Loebig Contractors
Buyer: Dr. Dennis J. and Amy Kitsko
Details: Old World-style home, den, family room, unique stonework inside and out, great room
Comment: "The buyer wanted to be close to Interstate 79, liked the neighborhood and the house style," said Marjorie Stein, listing agent with Howard Hanna Real Estate.
Property: Mt. Lebanon
Seller: Sarah Linn Eddy
Buyers: Nathan and Elissa Herring
Details: Colonial-style house, large formal living room and dining room, roof skylight, grand staircase, level yard
Comment: "Buyers lived across the street from the house and wanted this house because it was larger than theirs," said Cindy Sunseri, listing agent with Howard Hanna Real Estate.
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