Top commercial, residential deals of the week
By Sam Spatter
Published: Saturday, Sept. 22, 2012, 9:17 p.m.
DEALSOF THE WEEK
Property sold: 1000-1050 Countyside Plaza, Mt. Pleasant
Seller: Colony Holding Co., Mt. Pleasant
Buyer: PDQ Properties Corp. and ProVest Properties LLC,, Hallendale, Fla.
Details: A 197,941-square-foot, 16-acre property including 160,000-square-foot town center, a 13,000-square-foot multi-tenant building, free-standing building occupied by Busy Beaver, and a First Niagara Bank branch. A grocery store is leased to Krogers and subleased to JK's County Market. Not included in the deal were a McDonald's and a Rite Aid Pharmacy.
Comment: “This was a great deal ... and with the new tenant, Great Clips, occupancy is 100 percent,” said Gary Abramson, vice president.
Property sold: 5511 Baum Blvd., Bloomfield
Seller: FirstMerit Bank, Akron, Ohio
Buyer: T J Acquisition LLC, Pittsburgh
Details: Acquired the vacant former Collins Health Center building along with a dwelling at 440 S. Fairmount St., used as an office.
Comment: “The new owner is planning to convert the building into high-end rental housing,” said a TJ Acquisition spokesman.
Property sold: Hatfield St, between Home St. and Cotton Way, Lawrenceville
Seller: Pittsburgh Urban Redevelopment Authority, Pittsburgh
Buyer: North Lincoln Investment Co., Pittsburgh
Details: Developer will build a first phase with six units of the plannned 14-unit Hatfield+Home Development, scheduled to open in 2013, with two- and three-bedroom units, priced in the mid-$200,000 to high $300,000 range.
Comment: “I love Lawrenceville, and I'm thrilled to be part of its revitalization, and it is becoming a great place to build housing,” said Bob Mistick, of North Lincoln Investment.
TOP DOLLAR HOMES
Seller: Matthew and Jodi Burns
Buyer: John Trauzzano
Details: Colonial-style home has gourmet kitchen with large center island, den, second floor laundry, finished lwer level with bar, fireplace, full bath, walkway to private in-ground pool area, mud room, manicured landscaping.
Comment: “The home, pool and beautifully landscaped grounds captivated the buyers, who made a full price offer,” said Mary Lou Hagman, Keller Williams Real Estate Professionals.
Seller: David and Tina Cooper
Buyer: Craig and Michele Clark
Details: Four-sided brick Colonial on level lot, sound proof interior, cathedral ceilings, dual staircase, first floor den, family room, three-car attached garage.
Comment: “Buyers liked the all-brick home featuring a level backyard with trees, two-story family room and a private bath for every bedroom,” said Kevin Mihm, Coldwell Banker Real Estate.
Property: Highland Park
Seller: James & Joan Masters
Buyer: J.B. Tom
Details: Colonial-style brick home with six fireplaces, central air conditioning, two-car attached garage with door opener.
Comment: “The buyers had lost out on another house in the neighhood and found this house in impeccible condition, across from the park,” said Kelly Meade, Howard Hanna Real Estate
Sam Spatter is a staff writer for Trib Total Media. He can be reached at 412-320-7843 or firstname.lastname@example.org.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.