Top residential, commercial real estate deals of the week — Nov. 30 | TribLIVE.com
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This property in Bell Acres recently sold for $1.1 million.

DEALS OF THE WEEK

A quick look at recent retail, commercial and industrial projects, sales and leases of note in Western Pennsylvania:

$1,571,000

Property: 1819 Blvd. of Allies, Uptown

Seller: Blind & Vision Rehabilitation Services Pittsburgh

Buyer: One 1816 Locust LLC, Pittsburgh

Details: Blind will relocate its Industries Division, training and administrative functions into one building, providing sleeping rooms for individuals who travel from other sites to receive specialized training, two training rooms, a staff low-vision optometrist and a roof garden.

Comment: “We organized and sold to a separate agency in order to received $11.25 million in New Market Tax Credits. Work is under way on the building with a potential opening in June or August of 2015,” said Erika Arbogast, president.

$1.25 million

Property: 11835 Frankstown Road, Penn Hills

Seller: On Line Inc.

Buyer: NILU Enterprises Inc., Belle Vernon

Details: Acquired gas station, including convenience store

Comment: “We will continue the current use as an investment,” said Duke Ukani.

$605,000

Property: 1770 Pine Hollow Road, Kennedy Township

Seller: Jerome and June Oliver

Buyer: H&J Enterprise LLC, Pittsburgh

Details: The strip shopping center (Kennedy Commons) containing Medicine Shoppee, Flowersmith, Picasso’s Pizza and Ravas Heating & Air Conditioning was built in 1950. It has 6,600 square feet of retail space and 6,600 square feet of warehouse space underneath, currently vacant.

Comment: Attempts to reach Denis A. Byrd Jr., the new owner, were unsuccessful.

TOP DOLLAR HOMES

Recent home and condominium sales that brought top prices in Western Pennsylvania:

$1.1 million

Property sold: Bell Acres

Seller: Andrew & Cynthia Forssell

Buyer: James and Pamela Rogers

Details: Two-story stone and stucco Provincial; two-story foyer; large walk-in pantry; walk-out lower level; private deck overlooking park-like yard; three fireplaces

Comment: “The floor plan was exactly what the buyers were looking for — open and functional for a family with small children. They also fell in love with the beautiful serene wooded lot,” said Kathe Barge, Howard Hanna Real Estate.

$672,645

Property: Ligonier Borough

Seller: Denison Investments LLC

Buyer: Margil and Mason Walsh Jr.

Details: Two-story Colonial built by Montgomery & Rust in a prestigious “in town” location; landscaped yard with no maintenance; two-car attached garage; central air conditioning

Comment: “The buyers were excited about the prospect of having a new luxury home very close to the Diamond (town square), and loved the fact that they were able to have a lot of input into the interior design and amenities as the home was being built for them,” said Don Kramer of Berkshire Hathaway Home Services.

$600,000

Property: Squirrel Hill

Seller: Charles Kinder and his wife, Diane Cecily

Buyer: Maxwell G’Sell and Olexandra Chouldechova

Details: Three-story brick home with classic center hall; newer kitchen addition with skylights; family room with gas log fireplace; butler’s pantry; Koi pond; new rear deck; fifth bedroom in separate one-bedroom living area with full kitchen

Comment: “The buyers chose this classic Pittsburgh home because of its proximity to CMU, a two-car garage with private driveway and many updates, including newer kitchen addition and the original center hall dining room,” said Rick Schweikert of Keller Williams Realty.

Sam Spatter is a staff writer for Trib Total Media. He can be reached at 412-320-7843 or [email protected].

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