By Sam Spatter
Published: Saturday, Nov. 3, 2012, 9:04 p.m.
DEALSOF THE WEEK
A quick look at recent retail, commercial and industrial projects, sales and leases of note in Western Pennsylvania:
Property sold: 45 S. 23rd St., South Side
Seller: Typecraft Properties LLC, Richmond, Va.
Buyer: RJ Equities LP, Pittsburgh
Details: Buyer plans upgrade of building into 17,000 square feet of office space, improve 23rd street appearance, use warehouse for parking.
Comment: “We will rename the site to River Park Commons 3, which is located half-a-block from our River Park Commons 1 and 2,” said Ron Tarquino, managing member of RJ Equities.
Property sold: 8400 Presto-Sygan Rd., South Fayette
Seller: Newbury Development Associates LP, Pittsburgh
Buyer: Hardy Investment Associates Ltd., Eighty Four, Pa.
Details: Acquired new showroom building containing 30,000 square feet, plus land for four “T” sheds, with a rail spur.
Comment: “In exchange, we purchased 84 Lumber's showroom on Rt. 50 (for $918,801), which we will demolish and improve the entrance from Rt. 50 into Newbury,” said Brett Malky, of EQA Landmark, the developer.
Property sold: EverGreene Technology Park, Waynesburg
Seller: Greene County Industrial Development, Waynesburg
Buyer: R.J. Johnson Co., Washington, Pa.
Details: Acquired 7.2-acre site within the technology park for a new building containing a warehouse and office space, which will be the third building in the park.
Comment: “We hope to begin construction before end of the year on the structure, which will be used to house shop equipment, retrofit machinery and provide a office space for personnel,” said Marc Pugliese, Johnson assistant project manager.
TOP DOLLAR HOMES
Recent home and condominium sales that brought top prices in Western Pennsylvania:
Seller: Gregory Peaslee
Buyer: David and Jean Becktel
Details: Brick provincial with master suite with new carpeting, first-floor hardwood floors, lower level with a media room, great room, private brick yard with large deck, first floor laundry.
Comment: “The buyers liked the home on a private setting on a cul-de-sac, house was updated throughout and has theater room in the lower level,” said Terry Lloyd, Howard Hanna Real Estate.
Property: Squirrel Hill
Seller: Cheryl and Tom Irr
Buyer: SungWha Ch and Shirley Sanghee Yoo
Details: Condominium in open Contempory style, first floor with 2,142 square feet and 10-foot ceilings, and balcony; building has upscale exercise room and is pet friendly.
Comment: “The buyer immediately placed an offer on the unit, which has three bedrooms, 2 1//2-baths. Buyer liked top of line appliances, laundry and storage area,” said Ginger Merkow, Howard Hanna Real Estate.
Seller: James T. and Karen U. Primm
Buyer: Brett and Wanda Leigh Stephanoio
Details: Two-story Colonial on cul de sac, casual dining area, sunroom, office, first-floor laundry, gameroom, media room plus pool table, front porch and three-car attached garage.
Comment: “Buyers loved the panoramic views, the open floor plan and grand gameroom,” said Bobbi Bonnett, Howard Hanna Real Estate.
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.
- Maatta not a top rookie finalist
- Indictment alleges scheme defrauded government of $10 million
- Highmark’s insurance profit falls 40%
- Penguins insider: Malkin found confidence in Game 3
- Switch in pairings helps Penguins defensemen find groove in Game 3
- Kovacevic: No science to solving power play
- Former PPG executive indicted in fatal N.H. crash
- Husband to stand trial in Derry middle school teacher’s murder
- Alaska’s Iditarod Trail challenges Unity couple
- Heyl: Even crooks know UPMC’s full of it
- SCI-Pittsburgh inmate taken to AGH after ‘severe beating’