Dyman Real Estate: Residential real estate - 1 views

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  #1 ginjovanniwozhi on 10 Feb 14

   

  DEALS OF THE WEEK
  
  A quick look at recent retail, commercial and industrial projects, sales and leases of note in Western Pennsylvania
  
  $7,574,553
  
  Property sold: 2055 Washington Pike, Heidelberg
  
  Seller: BRL Orangeburg Properties LLC, Pittsburgh
  
  Buyer: MMWG Heidelberg LLC, Pittsburgh
  
  Details: A 14,580-square-foot Walgreen's store
  
  Comment: "Given several prevailing market factors, we were presented with the opportunity to execute this transaction in which we were able to sell a high quality asset at a hefty profit, and reposition our capital into another high quality property," said Daniel N. Farber, principal at H. Lipsitz Companies, Pittsburgh.
  
  $1.77 MILLION
  
  Properties sold: 4326 Northern Pike Road for $920,001 and 4328 Northern Pike Rd. $850,001, both in Monroeville
  
  Seller: Monroeville Hospice Center Inc.. Monroeville
  
  Buyer: First Commonwealth Bank, Indiana, Pa.
  
  Details: Contains single-story and two-story medical office buildings with one or two other medical-style offices within them
  
  Comment: "We are in the process of marketing the properties for sale, with the goal of identifying an appropriate investor or developer," said Rich Stimel, First Commonwealth's vice president of corporate communications.
  
  $277,091
  
  Property leased: 3800 block of South Water Street, South Side
  
  Owner: Rivertech Office Works, Pittsburgh
  
  Tenant: University of Pittsburgh Department of Sports Medicine and Nutrition
  
  Details: Ten-year lease of 11,667 square feet of office and lab space, beginning Jan. 1, 2015. The department leases 7,790 square feet in two buildings there.
  
  Comment: "The increased space reflects the continued growth in research funding that the department has experienced. The department currently receives $44.2 million in research funding and additional growth is expected," according to a news release from the University of Pittsburgh.
  
  Read full article at:
  http://triblive.com/business/realestate/5527413-74/buyer-comment-details#axzz2sw4qV3um
  
  want more related article? Check the links below:
  https://www.goodreads.com/group/show/119495-dorota-dyman-associates
  http://www.dailystrength.org/groups/dorota-dyman--associates

   

  <div class="cArrow"> </div><div class="cContentInner">DEALS OF THE WEEK <br /> <br /> A quick look at recent retail, commercial and industrial projects, sales and leases of note in Western Pennsylvania <br /> <br /> $7,574,553 <br /> <br /> Property sold: 2055 Washington Pike, Heidelberg <br /> <br /> Seller: BRL Orangeburg Properties LLC, Pittsburgh <br /> <br /> Buyer: MMWG Heidelberg LLC, Pittsburgh <br /> <br /> Details: A 14,580-square-foot Walgreen's store <br /> <br /> Comment: "Given several prevailing market factors, we were presented with the opportunity to execute this transaction in which we were able to sell a high quality asset at a hefty profit, and reposition our capital into another high quality property," said Daniel N. Farber, principal at H. Lipsitz Companies, Pittsburgh. <br /> <br /> $1.77 MILLION <br /> <br /> Properties sold: 4326 Northern Pike Road for $920,001 and 4328 Northern Pike Rd. $850,001, both in Monroeville <br /> <br /> Seller: Monroeville Hospice Center Inc.. Monroeville <br /> <br /> Buyer: First Commonwealth Bank, Indiana, Pa. <br /> <br /> Details: Contains single-story and two-story medical office buildings with one or two other medical-style offices within them <br /> <br /> Comment: "We are in the process of marketing the properties for sale, with the goal of identifying an appropriate investor or developer," said Rich Stimel, First Commonwealth's vice president of corporate communications. <br /> <br /> $277,091 <br /> <br /> Property leased: 3800 block of South Water Street, South Side <br /> <br /> Owner: Rivertech Office Works, Pittsburgh <br /> <br /> Tenant: University of Pittsburgh Department of Sports Medicine and Nutrition <br /> <br /> Details: Ten-year lease of 11,667 square feet of office and lab space, beginning Jan. 1, 2015. The department leases 7,790 square feet in two buildings there. <br /> <br /> Comment: "The increased space reflects the continued growth in research funding that the department has experienced. The department currently receives $44.2 million in research funding and additional growth is expected," according to a news release from the University of Pittsburgh. <br /> <br /> Read full article at: <br /> <a href="http://triblive.com/business/realestate/5527413-74/buyer-comment-details#axzz2sw4qV3um" rel="nofollow" target="_blank">http://triblive.com/business/realestate/5527413-74/buyer-comment-details#axzz2sw4qV3um</a> <br /> <br /> want more related article? Check the links below: <br /> <a href="https://www.goodreads.com/group/show/119495-dorota-dyman-associates" rel="nofollow" target="_blank">https://www.goodreads.com/group/show/119495-dorota-dyman-associates</a> <br /> <a href="http://www.dailystrength.org/groups/dorota-dyman--associates" rel="nofollow" target="_blank">http://www.dailystrength.org/groups/dorota-dyman--associates</a></div>

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