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Boston Firm Acquires Landmark Union Trust Building in Downtown Pittsburgh

Boston Firm Acquires Landmark Union Trust Building in Downtown Pittsburgh

The Davis Companies, a real estate investment and development firm based in Boston, has acquired the historic Union Trust Building in downtown Pittsburgh. According to the Pittsburgh Post-Gazette, the company purchased the property for $14 million at a recent sheriff sale.…

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Doughboy Square Multifamily Complex in Pittsburgh Nears Completion

Doughboy Square Multifamily Complex in Pittsburgh Nears Completion

The Doughboy Square Apartments, one of Pittsburgh’s new multi-family projects, is scheduled for completion this summer. According to the Pittsburgh Business Times, the 45-unit residential complex is rising on a 19,000-square-foot parcel on Butler Street, in the city’s Lawrenceville neighborhood. Upon completion, the 89,000-square-foot building will also feature a restaurant…

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SDC Nutrition Leases 60,000-Sq.-Ft. Building from RIDC in Findlay

SDC Nutrition Leases 60,000-Sq.-Ft. Building from RIDC in Findlay

Pittsburgh-based SDC Nutrition has recently signed a lease to occupy a 60,000-square-foot building at the RIDC Park West Industrial Park in Findlay Township. The Regional Industrial Development Corporation of Southwestern PA is building out the space, which should be ready for occupancy this summer.…

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Allegheny County Health Department Site to Bring New Apartments and Offices in Oakland

Allegheny County Health Department Site to Bring New Apartments and Offices in Oakland

MWK Forbes LLC is planning to develop apartments and offices at the site of the Allegheny County Health Department in the city’s West Oakland neighborhood.…

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New York Investor to Acquire 800-Unit Apartment Asset in Pittsburgh

New York Investor to Acquire 800-Unit Apartment Asset in Pittsburgh

Real estate investment firm Faros Properties of New York is buying the Allegheny Center Apartments on the city’s North Side from the Allegheny Center Associates, the Pittsburgh Business Times reports.…

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Cloud-Computing Company Expedient Completes Data Center Expansion, Announces New Projects

Cloud-Computing Company Expedient Completes Data Center Expansion, Announces New Projects

Local cloud-computing company Expedient has recently completed a more than 7,000 square feet expansion of its data center at Allegheny Center Mall in Pittsburgh, which first opened in 2008.…

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August Wilson Center in Downtown Pittsburgh Could Be Liquidated

August Wilson Center in Downtown Pittsburgh Could Be Liquidated

A court-appointed conservator recommends that the August Wilson Center for African American Culture in downtown Pittsburgh be sold and its assets liquidated.…

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Developers Invest $19M in Acquisition and Renovation of Moorehead Tower in Pittsburgh

Developers Invest $19M in Acquisition and Renovation of Moorehead Tower in Pittsburgh

Beacon Communities Development LLC of Boston has partnered with local firm Ralph Falbo Inc. to purchase and renovate the Moorehead Tower, an iconic 141-unit affordable senior housing property in Oakland.…

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Walnut Capital to Begin Construction on New Office Building at Bakery Square 2.0 This Spring

Walnut Capital to Begin Construction on New Office Building at Bakery Square 2.0 This Spring

Walnut Capital Partners is planning to break ground on the first office building of its approximately $100 million Bakery Square 2.0 mixed-use development in East Liberty this spring. According to the Pittsburgh Business Times, construction on the six-story, 216,000-square-foot facility is expected to begin in March and be complete in…

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Tryko Partners Acquires Affordable Multifamily Community in Leechburg

Tryko Partners Acquires Affordable Multifamily Community in Leechburg

Private equity real estate group Tryko Partners, LLC has announced the acquisition of Sandalwood Apartments, an 86-unit affordable multi-family community in Leechburg, PA.…

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Hotel d2 and Cobblestone Plan New Hotels in Connellsville and Millvale

Hotel d2 and Cobblestone Plan New Hotels in Connellsville and Millvale

As part of its Community Hotel Development Initiative, Hotel d2 Services has partnered with Wisconsin-based Cobblestone Hotels LLC to develop two new properties in the Pittsburgh region. According to the Pittsburgh Business Times, a new 54-room hotel is slated to rise in Connellsville, while another 51-room development is planned for…

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Rugby Realty Acquires Iconic Koppers Building in Downtown Pittsburgh

Rugby Realty Acquires Iconic Koppers Building in Downtown Pittsburgh

Rugby Realty has acquired the 34-story Koppers Tower in downtown Pittsburgh from Koppers Building Holdings, Inc. According to the Pittsburgh Post-Gazette, the New Rochelle, N.Y.-based company paid $17.2 million to purchase the 360,000-square-foot historic building at the corner of Grant Street and Seventh Avenue.…

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