Real Estate Notes
By Sam Spatter and Laura L. Lenk,
Published: Sunday, April 17, 2011
• Eddy Land Co. plans to develop 29 single-family patio homes at the Six Crossing complex in Peters. Construction will begin within 60 days, said Eddy's David Moritz. Prices for the mostly one-story units range from $300,000 to $350,000.
• A hearing by the City Planning Commission is set for 2 p.m. Tuesday on the request by ECS at Frick Park, on behalf of Imagine Schools, to build two temporary modular classroom structures for the elementary school at 829 Milton St., Point Breeze. The hearing is on the first floor of the John P. Robin Civic Building, 200 Ross St., Downtown.
• A hearing by the Wilkins Area Industrial Development Authority will be held at 8:30 a.m. Tuesday on a request by Gateway Rehabilitation Center to obtain a tax exempt revenue note for $3.5 million. The funds will be used to build and equip a 25,000-square-foot, 42-bed drug and alcohol addiction treatment facility at 100 Moffett Run Road, Center Township, Beaver County. The meeting will be in Wilkins Township Municipal Building, 110 Peffer Road.
• An open house for Goodwill Industries' Lawrenceville Workforce Development Center, 118 52nd St., is set for 10 a.m. to 2 p.m. Wednesday. There will be a tour of the facility, a tree planting and presentation by James Scalo of Burns & Scalo Real Estate Service of a green building certification.
• Vince Building Co., a family owned firm founded by Vincent F. Fontana Sr., is celebrating 40 years of service. The company is operated by Vince Jr., his wife, Melony, and their sons, Jimmy and Steven. The Westmoreland County firm specializes in small commercial projects.
• Gamesa Technology Corp. received the 2011 Renewable-Energy Exporter of the Year award from the Export-Import Bank of the United States. Gamesa invested more than $80 million at Ebensburg, Cambria County, to build a blade manufacturing facility and $70 million to convert more than 20 acres at a former U.S. Steel industrial site in Fairless Hills into a manufacturing center for wind-energy turbines.
Real estate gallery
• Northwood Realty Services hired sales agents Diane Duganich and Jamie Giles, Airport; Vanessa Delucia, Barbara Howard, Catalina Jaramillo and Diane Marks, Cranberry; James Highland, Grove City; Janet Summers, Hampton; Kimberly Carson and Raymond McGuire, Monroeville; Corey McCue and Steve Wagner, New Castle; Serkan Inan, Rose Marie McMahon, K. Crystal Sinagra and Joseph Wargo, North Hills; Mary Burris, New Castle; Erin Novak, Penn Hills; Michael Knecht, Somerset; Caleb Arrison and Rickey Shaffer, Washington; and Kirby Kegel, Zelienople.
• Prudential Preferred Realty hired sales agents Cathy Zimmerman, Greensburg; Kimberly Evans, Bethel Park; Beth Zupsic, Cranberry; Marianna Grudziak, Pittsburgh; Traci Peters and Deena Mitchell, East; Samuel Coombs, Fox Chapel; Safka Vayo, Peters Township; Amanda Nicholas, Sewickley; and Scott Fruehan and Andrew Hieber, West.
DEALS OF THE WEEK
A quick look at recent retail, commercial and industrial projects, sales and leases of note in Western Pennsylvania:
PRICE: $2 million
Properties sold: 126 Warrendale Bayne Road, Marshall, and 10900 Perry Highway, Pine
Seller: EP Group LLC, Pittsburgh
Buyer: RGB North LLC
Details: Two properties: Pine Lake Plaza, a neighborhood shopping center with four tenants, and the office building in Marshall
Comment: "The buyer purchased both properties as an investment," Eliot A. Pecoraro of EP Group said.
PRICE: $1.85 million
Property sold: 170 Bilmar Dr., Kennedy Township
Seller: SHG Associates, Pittsburgh
Buyer: Rosedale Technical Institute, Pittsburgh
Details: 42,000-square-foot office/warehouse building, formerly housed Pittsburgh Mailing Service
Comment: "Rosedale needed more space to provide for its diesel technician school, and add new programs because of Marcellus shale activity, such as HVAC, welding and truck driving," said Sharon Scheidemantle, selling agent, Achieve Realty. Peter Lisowski and James Geiger of Grant Street Associates were listing agents.
PRICE: $1 million
Property sold: 1200 Saw Mill Run Blvd. and Crane Avenue, Pittsburgh
Seller: Great Day Improvements LLC
Buyer: MCR Development LLC, Pittsburgh
Details: Sale-lease back of a property with a 25,000-square-foot warehouse and four-car, 3,000-square-foot garage
Comment: "Patio Enclosures, already in the building, is leasing 14,000 square feet, and I will move our headquarters into the remaining 11,000 square feet and lease the garage to a new tenant," said Randy A. Castriota of MCR and Castriota Metals and Recylcing Co., who handled negotiations.
PRICE: $1.5 million
Property: Sewickley Heights
Seller: David and Gillian M. Williams
Buyer: James M. and Shahnaz Costa
Details: The 9.8 acre estate, known as Cherry Hill, has a swimming pool off the family room; the Colonial-style house has a five-car integral garage, five bedrooms, wet bar and seven fireplaces.
Comment: "The buyers liked the privacy the house provided, along with the large acreage," said Susan Reuter, selling agent with Prudential Preferred Realty.
Property: Peters Township
Seller: Frank Cararie
Buyer: Jeffrey and Amy McElhinny
Details: Custom-built home with guest bedroom and bath, vast storage area, large back yard with swimming pool
Comment: "The buyers liked the view the house offered and a very resort-like swimming pool with salt water," said Ondrea Barnes, selling agent with Coldwell Banker Real Estate.
Property: Upper St. Clair
Seller: Jason Capps
Buyer: George and Pamela Giacobbe
Details: Provincial-style, four-bedroom house with stone patio, large rear deck, hardwood floors and center island breakfast bar
Comment: "Former Upper St. Clair residents wanted to return to the township. The house did not need any work, had a game room and large, open doorway," said Cathy White, selling agent with Northwood Realty Services.
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