Top residential, commercial real estate deals of the week — Nov. 9
Property leased: 2000 Park Lane, North Fayette
Owner: Starwood Capital Group
Tenant: Cabot Oil & Gas
Details: Company relocated from 44,000 square feet in 5 Penn Center West into 56,447 square feet in a 191,600-square-foot building. Its employment has grown close to 90, but it also provides office space for several dozen contractors who work with it, plus other contractors.
Comment: “We’re in a growth spot where we need additional space, and we expanded in Western Pennsylvania because of the work ethics of the workers and the talent pool we found here,” said George Stark, Cabot spokesman.
Property: 4685 William Penn Highway, Monroeville
Seller: Ethan Allen Retail Inc.
Buyer: BT Management LLC, Altoona
Details: One-story Ethan Allen store, on about 2.1 acres, which will relocate to The Waterfront in Homestead.
Comment: “This will be the new location for a Sheetz store,” said Bruce Thaler, managing member.
$440,000 ($220,000 each)
Property: 2325 and 2331 Brownsville Road, Carrick
Seller: RLS Brownsville LLC Pittsburgh
Buyer: Salman Zwaier and wife, Jinan Hassan
Details: Acquired two three-story, six units in each apartment buildings
Comment: “We will do some light cleaning and updating at this time at both apartments,” Zwaier said.
Property: Squirrel Hill
Seller: Marilyn and James Waters
Buyer: Theresa and Kevin Kramer
Details: Brick three-plus story classic revival home with large center hall, sweeping staircase, butler’s pantry, covered portico, stained glass windows, walk-in closets and dressing suite, beamed ceilings.
Comment: “Buyer always resided in newer construction homes but was attracted to many classic features of this 114-year-old, solidly constructed beauty that had been updated and well-maintained,” said Linda DiBucci, Coldwell Banker Real Estate.
Seller: Robert Freyer and Roisin McGovern
Buyer: Akhtar Khan
Details: Decorative town home in private complex, granite and custom kitchen island, soaring ceiling, French doors to two-tier entertaining deck, vast master suite with natural light, new second bath, two-car garage.
Comment: “Buyer loved the location and had been looking in the area for some time, and liked the many amenities the property offered,” said Nancy Donahue, Howard Hanna Real Estate.
Property: Squirrel Hill
Seller: Antonio Brown
Buyer: William Antonucci
Details: Three-plus-story town home with three bedrooms, 3½ baths, heated two car garage, has community pool, close to Parkway and Waterfront, active community center.
Comment: “Buyers really loved the home for its perfect location and the amenities that came with the home, such as its location in the heart of Squirrel Hill,” said Des Brown of Coldwell Banker Real Estate.
Sam Spatter is a staff writer for Trib Total Media. He can be reached at 412-320-7843 or [email protected].