Top residential, commercial real estate deals of the week — April 19
Property: Family Dollar, 3600 Walnut St., McKeesport
Seller: HRES VERO LLC
Buyer: CGI4 LP
Details: New construction, 15-year lease. “We plan to hold it; we're happy with the lease,” said James B. Wachtler, president, PCF Properties Inc., the buyer.
Comment: “Googling the area, we were concerned about its statistics. We contacted the mayor, who was positive and encouraging, resolving our concerns, which was the primary reason we went through with the purchase,” Wachtler said.
Properties: 821, 827, 835 and 837 Highview St., Morningside; and 5425 Baywood St., East Liberty
Seller: Fin-Fan Inc.
Buyer: Costello Properties Inc.
Details: Two three-story apartment buildings and three houses, two three-family and one two-family. “We expect to finish these buildings in late summer,” said John Costello, owner of Costello Properties.
Comment: “Our motto is: Remodel kitchens and baths with granite countertops, ceramic or hardwood floors, and reconfigure layouts to maximize use,” Costello said.
Property: 448 Mars Hill Road, Sewickley Township, Westmoreland County
Seller: Keith Vay
Buyer: Holt Mansfield Holdings LLC
Details: Vacant land
Comment: Buyer and seller could not be reached for comment.
Property: Upper St. Clair
Seller: R. Michael Daniel
Buyer: Stuart Pullar and Angela Benoit
Details: This five-bedroom house features a glass conservatory off the kitchen, a brick fireplace in the family room and a private brick patio.
Comment: “They liked that everything was done with high-quality work and maintained beautifully,” said Kimberly Lanphear, buyer's agent with the Upper St. Clair office of Howard Hanna Real Estate Services.
Property: Upper St. Clair
Seller: Timothy Card et. al.
Buyer: Jesse and Julie Sweet
Details: This Colonial-style house has four bedrooms, a new kitchen, breakfast room, first-floor office and a sunken living room with bay.
Comment: “It has an updated kitchen and a nice yard. It has all the extra space they were looking for,” said Leigh Harkreader, buyer's agent with the South Hills office of Coldwell Banker Real Estate Services.
Seller: Robert Brown
Buyer: James and Lori Jarosz
Details: This 10-acre property has four bedrooms, a floor-to-ceiling stone fireplace, a wrap-around porch and a barn with a workshop.
Comment: “They have horses and were boarding them off-site, and they wanted to bring them to their own property,” said Cynthia Hovan, buyer's agent with the Hampton office of Coldwell Banker Real Estate Services.
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