Top commercial and residential real estate deals — Jan. 10
Deals of the Week
A quick look at recent retail, commercial and industrial projects, sales and leases of note in Western Pennsylvania:
Property: 7206 and 7210 McKnight Road, Ross
Seller: 7206 McKnight LLC
Buyer: Franklin Real Estate Development II LLC
Details: McKnight Shops
Comment: (See below)
Property: 7440 McKnight Road, Ross
Seller: 7440 McKnight LLC
Buyer: Franklin Real Estate Development LLC
Details: McKnight Plaza
Comment: “I think it’s a viable property because of future growth (potential). There is an apartment complex to be built behind these properties, close to Ross Park Mall,” said Jack Hess of Franklin Real Estate Development, the buyer of all three McKnight Road properties.
Property: 460 Melwood Ave., Oakland
Seller: DAH Partners L.P. and Malcolm Berger and Roslyn Berger
Buyer: IACTA Chiminage LLC
Details: 21,000-square-foot light industrial manufacturing facility
Comment: Buyer could not be reached. Seller did not respond to request for comment.
Top Dollar Homes
Recent home and condominium sales that brought top prices in Western Pennsylvania:
Property: Bell Acres
Seller: John Vorberger Jr.
Buyers: Harry and Kimberly Behling
Details: This Tudor-style house has five bedrooms, six full bathrooms, wall-to-wall carpeting, a kitchen island and a hot tub.
Comment: “This home was a masterfully built custom home with impeccable attention to detail. The buyer appreciated the fine craftsmanship throughout the home,” said Kathleen Barge, buyer’s agent with the Sewickley office of Howard Hanna Real Estate Services.
Seller: Steven Condio
Buyers: David and Barbara Steinberger
Details: This Colonial-style house has four bedrooms, two full bathrooms, a gas fireplace, a laundry room and a three-car garage.
Comment: “(The buyers wanted to find) a home with a ‘clean’ palate they could renovate to make their own. … We looked over a year to find the right home. It will be a great home to compare the before and after photos,” said Patty Thomas, buyer’s agent with Wellington Real Estate Services.
Property: Franklin Park
Seller: Sandra Niggel
Buyer: Lucas and Gwendolyn Myslinski
Details: This Provincial-style house has four bedrooms, two full bathrooms, a den, a laundry room and a garage with three parking spaces.
Comment: “The buyers primarily like the neighborhood. They moved from a smaller house … to a bigger house in the same neighborhood. They like the majestic family room with its soaring vaulted ceiling,” said Mark Yurcon, buyer’s agent with the Wexford/Franklin Park office of Howard Hanna Real Estate Services.
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