Top commercial, residential real estate deals of the week — April 13
DEALS OF THE WEEK
A quick look at recent retail, commercial and industrial projects, sales and leases of note in Western Pennsylvania
Property: Duquesne Boulevard, Duquesne
Seller: Union Railroad Co. (U.S. Steel Corp.), Pittsburgh
Buyer: Dura Bond Coating Inc., Export, Pa.
Details: A 55-acre site where Dura Bond has its 55,000-square foot plant, which provides coating to pipes used in shale gas drilling operations to prevent corrosion; staffed by about 80
Comment: “When we built our new plant on land owned by both RIDC and the Union Railroad, we had an option to purchase the property, which we decided to exercise,” said Dura Bond President Wayne Norris.
Property: 900 Regis Ave., West Mifflin
Seller: Tech One Associates LP
Buyer: Regis Holdings LLC, West Mifflin
Details: The property had been the rental home of Sturman & Larkin Ford since 1980. The company plans to remain and make about $3.8 million in improvements, such as adding a drive-in, an improved customer waiting area and a showroom.
Comment: “We have tried over the years to purchase the property and finally were successful. Our plans are to remain a pillar in the community and make improvements to our facility,” said co-owner Michael Larkin.
Property sold: 1900 Lincoln Highway, North Versailles
Seller: N. Versailles Realty Partners LLC., Edison, N.J.
Buyer: 1900 Lincoln Partners LP
Details: A Popeye's restaurant with a long term lease
Comment: “The buyer is a private investor who plans to continue using the property as an investment,” said Edward Jaten of Jaten Real Estate Trust LLC, one of the sellers.
TOP DOLLAR HOMES
Recent home and condominium sales that brought top prices in Western Pennsylvania
Property: Adams Township
Seller: Chris and Sandy Daly
Buyer: Aurora Violi and William Kearns
Details: Ranch-style Provincial that overlooks Glade Run Creek. Cathedral ceilings, many windows and glass doors. Panoramic view of the woods and water from a deck. Kitchen with Hickory cabinets that is open to a family room with a stone fireplace. Barn has water and electricity.
Comment: “Buyers loved the stream on the property and the 2,400-square-foot deck overlooking it and the barn on the property. Also loved the open floor plan and quiet serenity of the location,” said Debi Platts of Coldwell Banker Real Estate.
Property: Mt. Lebanon
Seller: Mark G. Houmis
Buyer: Jamie Harshman
Details: Two-level brick contemporary with an open floor plan, kitchen wine cooler, radiant-heated tile floor on first floor, Home features White Oak hardwood floors, Emtek satin nickel hardware, granite in all bathrooms, remote controlled skylights, sound and security systems and heated garage.
Comment: “The buyer wanted the amenities of a newer home while having the opportunity to be in the community of Mt. Lebanon. The buyer appreciated the custom design and workmanship the home offered as well,” said Deborah Dattalo of Howard Hanna Real Estate.
Property: Cranberry Township
Seller: Kevin Wolniak
Buyer: Thomas and Amy Crawford
Details: Two-story brick Provincial with open foyer, den with judges paneling, first floor laundry. Kitchen flows into sunroom, raised hearth fireplace, Palladian windows, bath with whirlpool, separate showers, finished lower level with full bath, underground sprinkler system, level driveway and backyard.
Comment: “The buyers were impressed with the square footage, all-brick exterior, the sunroom and the level, treed backyard,” said Chris Lange of Coldwell Banker 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.
- Medicare payments to tie doctor, hospital payments to quality rather than volume of care
- Business roundup: IBM “flatly denies” report of mass layoffs; more
- Interest rates likely to stay low until fall
- Crosby banned from Jets game because he missed All-Star Game
- Former Steelers LB Haggans to do time in Westmoreland jail
- Pittsburgh cracks down on overcrowded houses
- College Basketball Tuesday: Standout freshmen guards meet in Big Ten showdown
- Lower Burrell 5th-grader illustrates power of kindness with cancer charity
- LeBeau won’t join Cardinals coaching staff
- MSA Safety products in demand to protect workers in dangerous jobs
- North Belle Vernon man accused of stalking girl, 13