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Real Estate

Real estate notes: Tech companies moving into Union Trust Building

| Saturday, Dec. 13, 2014, 9:00 p.m.

• The Davis Companies of Boston announced their first leases at the Union Trust Building, 501 Grant St., Downtown, since acquiring the building in April. Technology companies Jawbone and Truefit will occupy more than 30,000 square feet.

“We are thrilled to have these two exciting, innovative companies embrace our vision for a robust, new community at the Union Trust Building,” said Jonathan Davis, chief executive officer and founder of the Davis Companies.

Truefit, a software company, signed a lease to relocate its headquarters from Cranberry. Jawbone, a leader in consumer technology and wearable devices, moved into the property last month.

When renovations to the building are completed in the first quarter of 2016, Union Trust will have more than 500,000 square feet of Class A retail, office, tech-startup and amenity space.

• The Allegheny County Health Department reported 25 food establishments opened in October and November. There were 13 restaurants, one bar, one retailer, five bakeries, three coffee houses, one food market and one mobile vendor.

They are: Casa Rasta, 130 S. Highland Ave., East Liberty; Istanbul Grille, 600 Grant St., Downtown; Arancini House, 615 Washington Road, and BRGR, 1500 Washington Road, both in Mt. Lebanon; Chengdu Gourmet, 5840 Forward Ave., Squirrel Hill; Uncle Wayne City Flavors, 130 Brownsville Road, Mt. Oliver; Leon's Caribbean Restaurant, 823 E. Warrington Ave., Allentown; Tailgaters Sports Bar & Grille II, 415 Noblestown Road, Scott; My Thai, 3024 W. Liberty Ave., and Parker's, 2911 Glenmore Ave., both in Dormont; Bellissimo's Pizza & Deli, 10339 Perry Highway, and Nakama North, 10636 Perry Highway, both in Pine; Quick-It Chicken, 4006 Liberty Ave., Bloomfield; Green Beans Coffee, Pittsburgh International Airport, Findlay; Muddy Cup, 419 Lincoln Ave., Bellevue; Dunkin Donuts, 1098 Washington Pike, Collier; Judy's Java Joint, 3400 South Park Road, Bethel Park; Rusty Barrel, 153 S. 18th St., South Side; Karibu International Market, 2740 Saw Mill Run Blvd., Overbrook; The Rolling Kitchen, 1041 Hiland Ave., Coraopolis; Brother Tom's Bakery, 808 Main St., Sharpsburg; DeLuca's Italian Bakery, 28 Old Clairton Road, and Sugar Alchemy, 5001 Baptist Road, both in Pleasant Hills; DeLuca's Italian Bakery, 546 Brookline Blvd., Brookline; and Family Dollar, 3300 Penn Ave., Lawrenceville.

• American Automobile Association (AAA) East Central opened an office in Wexford Plaza, 10548 Perry Highway, Wexford.

• The Pittsburgh Downtown Partnership is one of 919 nonprofit organizations nationwide to receive a National Endowment for the Arts Art Works grant. The partnership's $35,000 grant will support the City of Pittsburgh's Market Square Public Art Program, which exhibits public art in Market Square during winter months.

• Regional Industrial Development Corp. sold a building in the Pittsburgh Technology Center, 2000 Technology Drive, to Tech Drive Partners LLC. RIDC built the four-story, 68,000-square-foot office building in 1997. It sits on 3.86 acres and has 200 parking spaces.

The site was one of the first brownfield redevelopment projects in the state, RIDC said.

• HLC Equity of Squirrel Hill purchased a building at 601 West Pike St., Canonsburg. Rite Aid occupies the 13,825-square-foot retail space in a 1.79-acre lot. The property includes neighboring stores Starbucks, McDonald's, and Shop 'n Save.

“We see Canonsburg benefiting greatly over the coming years, and we look forward to being a part of the emergence of this community,” said Daniel N. Farber, executive vice president at HLC Equity.

Dean Zang, a vice president at Marcus & Millichap, brokered the sale.

• Sherwin-Williams Co. plans to open its 4,000th store at 501 Beaver St., Sewickley, on Monday.

• The Oakland Task Force, in partnership with the Oakland Business Improvement District, will host a free community gala celebrating the 175th anniversary of the community along with new leadership of five Oakland community institutions. The event will be held 5:30-7:30 p.m. Monday at Alumni Hall, 4227 Fifth Ave., Oakland.

• The Holiday Inn in Beaver Falls has been renamed a Park Inn by Radisson by WestPenn Hospitality Partners LLC of Monsey, N.Y., which purchased the property in June. The 156-room hotel is managed by Horizon Hotels Ltd of Eatontown, N.J.

A renovation of the lobby, banquet rooms, guest rooms and the restaurant/bar will begin over the next several months.

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