Top commercial, residential deals of the week
By Sam Spatter
Published: Saturday, Dec. 15, 2012, 8:54 p.m.
DEALSOF THE WEEK
Property sold: 8000 McKnight Rd., Ross
Seller: Jefferson Pilot Investments LLC,, Concord, N.H.
Buyer: LRC Northway Mall Acquisitions LLC (Levey & Co.) Akron, Ohio
Details: Acquired the Shoppes at Northway, with master plan to be developed for retail, office and other uses at the complex.
Comment: “We will also buy the adjacent vacant Northway Elementary School, demolish it, and integrate that site with changes we eventually plan for the Mall,” said Kevin Fallon, Levey's vice president Development.
Property sold: 201 Corey Ave., Braddock
Seller: McClure Johnston Co., Braddock
Buyer: HOX Management LP, Warrendale
Details: HOX has acquired the McClure Johnston Co., and all its properties, but is coninuing the McClure Johnston name.
Comment: “We are now part of a national company that has 235 locations, and we sold because that is the trend in the roofing supply business,” said John Oxenreiter, treasurer.
Property sold: 5821 Darlington Rd., Squirrel Hill
Seller Henry C. and Estelle Morgan, Pittsburgh
BuyEr: Janell Hinton, Pittsburgh
Details: A four-unit tutor-style building, converted from a single-family house into four apartments with possible fifth unit on third floor.
Comment: “Owners decided to sell and provided a list of individuals who had expressed interest in apartment. Three of six made offers and their next-door neighbor and friend was chosen,” said Thomas Critchfield who with his wife, Viviana, are with Prudential Preferred Realty.
TOP DOLLAR HOMES
Seller: Randall and Denise Roble
Buyer: Thomas and Dana Nicklas
Details: Brick Provincial with covered pillard entrance, two-story family room open to kitchen, whirlpool, finished lower level game area, media area.
Comment: “Buyers liked spaciousness of this home with a guest suite and bedrooms, plus bath in lower level, said location had country feel but yet convenient, are some of the many reasons the buyer loved the house,” said Georgie Smigel, Coldwell Banker Real Estate.
Seller: Christine Beshar, trustee
Buyer: H. Ramsey Dethero, trustee
Details: Ranch has one-level Colonial-style, a two-bedroom condominium, building has common elevator, intercom sysem, attached garage space,locked storage room in basement.
Comment: “Buyer liked this two-bedroom, two-bath Sewickley Village condo which was recently renovated and features two working fireplaces and an oudoor balcony,” said Peter and Alexis Theis with Howard Hanna Real Estate.
Property: , Cranberry
Seller: Ralph and Amy Phillips
Buyer: Joseph and Mary Venazindis
Details: Two-story Provincial, kitchen with heated slate floors, hickory wood floors in living and dining rooms, luxury spa bath includes therapy tub, stone patio with firepit and large fenced in yard.
Comment: “Buyers fell in live with house first time they saw it. It was completely remodeled, features chef's kitchen which was custom designed by owners and Boehm & Son kitchen designers,” said Linda Honeywill of Prudential Preferred Realty.
Sam Spatter is a staff writer for Trib Total Media. He can be reached at 412-320-7843 or firstname.lastname@example.org.
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