TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

TribLIVE.com story

Daily Photo Galleries

Home & Garden,
Real Estate Photo Galleries

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:

$2.05 million

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.

$1.35 million

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.

$383,400

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:

$650,000

Property: McCandless

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.

$585,000

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.

$575,000

Property: Moon/Crescent

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

Most-Read Stories

  1. Inside the ropes: Shazier shows off speed
  2. Steelers hope new faces breathe life into team
  3. Pirates notebook: Mercer welcomes chance in No. 2 spot
  4. Steelers notebook: Team hasn’t called on Keisel, Harrison yet
  5. 1 intruder killed, other shot and wounded in Carrick home invasion
  6. Grand jury report says Western Psych failed to cooperate with police
  7. Steelers linebacker Spence confident he can avoid injury setbacks
  8. Police say naked woman stabs three women during street fight in McKees Rocks
  9. NFL notebook: Ex-Steeler Sanders picks Manning over Big Ben
  10. Hargrove’s wild ride ends atop 1st-round leaderboard at Amateur Championship
  11. Pennsylvania Turnpike Southern Beltway extension gets funding
Subscribe today! Click here for our subscription offers.