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Saturday, Jan. 26, 2013, 9:00 p.m.
 

DEALSOF THE WEEK

A quick look at recent retail, commercial and industrial projects, sales and leases of note in Western Pennsylvania:

$1,575 MILLION

Property sold: Hull Street, Youngwood

Seller: Millstein Industries LLC, Youngwood.

Buyer: Teda J. Family LP, Uniontown

Details: Six acres; a 60,000- to 70,000-square-foot plaza will be built, with a 35,000-square-foot Shop 'n Save to open in 2014.

Comment: “We first will complete two projects in West Virginia during 2013 before building the plaza, which will be our 11th Shop ‘n Save to go along with 10 Save-A-Lots (one in Wilkinsburg) we own,” said Thomas Jamison, president.

$1.05 MILLION

Property sold: 3030 Penn Ave. and 3029-31 Spring Way, Strip District

Seller: Three 3030 Penn Associates LLC, Pittsburgh

Buyer: TTPA LLC, Pittsburgh

Details: Three-story, 24,000-square-foot office building and vacant lots

Comment: “We plan to spend about $500,000 to renovate the building, with a giant guitar image attached to the side and front of the facade,” said Jim Genstein, who with partner Andy Schaer of Tusk Development purchased the property. Rich Beynon of Beynon & Co. was the sales agent.

$795,000

Property sold: 7800 block Sailor Place, Swissvale

Seller: Stephen and Candace Worobe, Pittsburgh

Buyer: Allegheny BC LP, Pittsburgh

Details: A 15-unit apartment and two triple-plex buildings

Comment: “It was time to lighten my load of apartments,” said Stephen Worobe.

TOP DOLLAR HOMES

Recent home and condominium sales that brought top prices in Western Pennsylvania:

$1.5 million

Property: 832 Amberson Ave., Shadyside

Seller: Estate of Beata P. Graham

Buyer: Greg and Simone Lignelli

Details: Provincial with 5,000 plus square feet, five bedrooms, 4 12 baths, skylight over main staircase, gameroom with built-in bar, stone patio, marble fireplace.

Comment: “Buyers fell in love with this home's well cared-for original character in a prime Shadyside location with a spectacular half-acre lot,” said Phil Anthony of Albert Anthony Real Estate.

$2.7 million

Property: 550 Market St., Downtown

Seller: Three PNC Residential LLC

Buyer: Mickey Segal, Trustee, Lafayette Trust, California

Details: Acquired three units in the condominium within the Fairmont Hotel.

Comment: “Buyer loves Pittsburgh and has business and connections to Pittsburgh. Also liked the relationship between the condos and the hotel which allows them to have concierge, valet parking and other hotel services,” according to a condo spokesperson. Lori Hummel of Howard Hanna Real Estate is the marketing agent.

$620,000

Property: 6030 Bunkerhill St., Highland Park

Seller: Jennifer J. Joseph

Buyer: William and Kathleen Whittaker

Details: Original carriage house to Trees Mansion with orginal leaded and stained glass, wood paneling, french doors, addition has master suite with bath with laundry and breakfast room, finished lower level, garage.

Comment: “Buyer and seller had great rapport which aided the purchase, Buyer liked first floor master suite, that house is near (Highland) park, has a large level yard and second level additional bedrooms,” 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 sspatter@tribweb.com.

 

 
 


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