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Top commercial, residential real estate deals of the week

About Sam Spatter

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By Sam Spatter

Published: Saturday, Oct. 27, 2012, 8:54 p.m.

DEALSOF THE WEEK

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

$1.9 million

Property sold: 3485-3500 William Penn Highway, Wilkins

Seller: Fidelity Bank, Pittsburgh

Buyer: Randhir and Ramona Sahni Living Trust, Pittsburgh

Details: Shopping center containing Peerless Wallpaper, Hooters, and Evergreen Chinese Restaurant.

Comment: “We acquired the property through foreclosure about a year ago with plans to sell it and the people who bought it, for an investment, have other properties in the area,” said Michael Mooney, Fidelity Bank executive vice president.

$1.75 million

Property sold: 645 Alpha Dr., O'Hara

Seller: McMasters Miller Ltd. Partnership, Pittsburgh

Buyer: West Spruce Realty Holdings, Pittsburgh

Details: Acquired a one-story, 21,400-square-foot building to expand office space for the Amada Supply Chain Solution in lease space at 641 Alpha Dr.,

Comment: “With 200 local employees, we were cramped for space and the purchase will allow us to ease the problem, especially if we add new employees,” said Joe Dominijanni, Amada CFO.

$723,000

Property sold: Seventh Avenue and Amity Street, Homestead

Seller: Leslie Frank, Pittsburgh

Buyer: Bottom Dollar Food

Details: Purchased several properties including the former Bev-O-Matic building at 610 Amity St., along with properties on adjacent streets.

Comment: “Because the purchase was just completed, there are no specifics on when the (Bottom Dollar Food) store will open,” said spokeswoman Tenisha Waldo.

TOP DOLLAR HOMES

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

$990,000

Property: McCandless

Seller: Thomas and Kelly Dowd

Buyer: Chad Holland and Eileen McCullough

Details: Four-sided brick Provincial on 1.7-acres with covered patio, waterfall, skylights, security cameras, whole-house speaker system, electric blinds, walkin whirlpool steam shower, wet bar, exercise room, sauna and bath.

Comment: “Buyers loved the private acres and covered rear porch, five-car garage, updated gourmet kitchen and North Allegheny School District,” said Kevin Mihm, Coldwell Banker Real Estate.

$915,000

Property: Bell Acres

Seller: Bradley and Susan Weston

Buyer: Brandan York

Details: Two-story Colonial with hardwood floors, unfinished basement, three-car attached garage, on 2.6 acres.

Comment: “Buyers purchased this house because they liked the neighborhood for their young children, liked the house only 1 1/2-year old and found the house full of character,” said Cynthia H. Kuzma, Howard Hanna Real Estate.

$773,168

Property: Fox Chapel

Seller: James and Ellen Pasman

Buyer: Donald and Margaret Zakman

Details: Brick Colonial in a gated community, with two-story tray ceiling, palladian window and fireplace, kitchen open to fireplace and doors to patio, has private den with pine built-in desk, bookshelves and cabinets.

Comment: “Buyers have been trying for a year to buy in The Trillium and were taken by the setting and size of this one when it came on the market,” said Lucy Oliver, Prudential Preferred Realty.

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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