Top commercial and residential real estate deals — Sept. 4
Deals of the Week
A quick look at recent retail, commercial and industrial projects, sales and leases of note in Western Pennsylvania:
$1,750,000
Property: 20620 N. Route 19, Cranberry
Seller: RECO Properties Ltd.
Buyer: MGD Property Holdings LLC
Details: Commercial building
Comment: Buyer could not be reached for comment.
$1,446,000
Property: Along Millers Run Road, South Fayette
Seller: Newbury Development Assoc. L.P.
Buyer: Newbury Office LLC
Details: Vacant land
Comment: “We will be building a 110,000 square feet Class A office building as part of a stand-alone section of the future, larger mixed-use Newbury development. At this point in time, we have no specific time table for our development,” said Eric R. Schindler, director of leasing, Elmhurst Group, the buyer.
$950,000
Property: 1281 W. Chestnut St., Canton
Seller: DPJ Co. L.P.
Buyer: Washington Realty Associates LLC
Details: Commercial building
Comment: Buyer could not be reached for comment.
Top Dollar Homes
Recent home and condominium sales that brought top prices in Western Pennsylvania:
$530,000
Property: Shadyside
Seller: Mete Akin
Buyers: Jeffrey and Laura Parker
Details: This Victorian-style house has three bedrooms, two full bathrooms, floor-to-ceiling windows, updated kitchen and an oversized, fenced private backyard.
Comment: “The buyers loved the beauty of the ‘old world charm' combined with the convenience of the updated kitchen and baths,” said Thomas Critchfield, buyer's agent with the City of Pittsburgh Regional Office of Berkshire Hathaway HomeServices The Preferred Realty.
$475,000
Property: Franklin Park
Seller: Daniel Littlefield
Buyers: Ellis Wilson II and Maria Allegretto
Details: This Tudor-style house has four bedrooms, three full bathrooms, an updated gourmet kitchen, master bath with spa tub, a screened porch and a flagstone patio.
Comment: “Aside from the mechanical elements, it was the general character of the home along with the layout that lended itself to year-round entertaining that were determining factors,” said Lynn Niman, buyer's agent with the O'Hara office of Berkshire Hathaway HomeServices The Preferred Realty.
$401,500
Property: South Fayette
Seller: Patrick Burkett
Buyers: Doug and Jana Lyons
Details: This house has four bedrooms, two full bathrooms, gourmet kitchen island, hardwood floors, morning room, gas fireplace and a patio.
Comment: “It provides a massive kitchen/eating/entertaining area without sacrificing any space in the Family Room. They also wanted to be in the cul-de-sac,” said Crystal Alfonsi, buyer's agent with the South Hills office of Howard Hanna Real Estate Services.
