Pittsburgh
Burns & Scalo to Develop $40M Office Space in Southpointe II
By Adriana Pop, Associate Editor Burns & Scalo Real Estate Services plans to construct two identical 100,000-square-foot office buildings in Southpointe II. The $40 million development takes advantage of the increasing regional need for commercial real estate. Jim Scalo, president of Burns & Scalo Real [...]…
Continue reading →Buncher Receives URA’s Support to Redevelop Railroad Terminal
By Liviu Oltean, Associate Editor The Buncher Co. made progress in pursuing its masterplan to redevelop the Pennsylvania Railroad Fruit Auction Terminal Building and turn it into a mixed-use project. According to the Pittsburgh Business News, the Urban Redevelopment Authority (URA) hopes to provide incentives for [...]…
Continue reading →ULS Relocates to Park Place One
By Liviu Oltean, Associate Editor United Lender Services (ULS) has announced it will soon occupy 48,000 square feet of office space in Park Place One. Located in the suburban Parkway West area of Pittsburgh, Park Place One and Park Place Two [...]…
Continue reading →RIDC Receives $15M Funding for Large-Scale Developments
By Liviu Oltean, Associate Editor The Regional Industrial Development Corp. of Southwestern Pennsylvania (RIDC) has been offered grants and low interest loans totaling up to $15 million for the development of large-scale regional projects. The funding was recently approved by the Commonwealth Financing [...]…
Continue reading →RLJ Lodging Trust Completes $24M Hotel Conversions
By Liviu Oltean, Associate Editor RLJ Lodging Trust has recently completed a $24 million conversion of three hotels – the Hilton Garden Inn Pittsburgh University Place, the Hilton Garden Inn Durham and the Embassy Suites West Palm Beach-Central. The conversions were part [...]…
Continue reading →PNC’s $400M Leed-Certified Tower Gets Green Light
By Liviu Oltean, Associate Editor The city planning commission voted in favor of the development of Tower at PNC Plaza. The tower is a 33-story glass office building that will house PNC Financial Services Group. Estimated to cost about $400 million, the PNC tower [...]…
Continue reading →Dickie & McCamey Renews Lease at PPG Place
By Liviu Oltean, Associate Editor Dickie & McCamey has decided to renew the lease at PPG Place by 10 years. As reported in November by the Pittsburgh Business News, the law firm’s 10-year lease was set to expire in 2014, and the firm [...]…
Continue reading →McCaffery Interests, Pitt Ohio Break Ground on 96-Unit Apartment Property
By Liviu Oltean, Associate Editor McCaffery Interests and Pitt Ohio recently announced the groundbreaking of ‘Lot 24’, a 96-unit apartment residence project in the Strip District. Lot 24′s site was formerly a surface parking space. The development will be located in the vicinity of [...]…
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