News Release
Pittsburgh, PA – Grant Street Associates, an independently
owned and operated member of the Cushman & Wakefield Alliance,
is pleased to announce the completion of the following sale transactions:
• Boggs Building, 110 Federal Street, Pittsburgh
Constructed in 1911 and 1912 and renovated in 1984, the Boggs Building
is a 33,962-square-foot, three and a half story, class B office
building located at the Northeast corner of Federal and General
Robinson Streets across from PNC Park. Tenants include: Lescare
Kitchens; Lewis, McBeth & D’Ambrosio; Broker’s Source;
and Quintessence.
The owner, 110 Federal Street Associates, represented by Gary Roberson
and Jim Geiger of Grant Street Associates, sold the building to
Richard M. Stern in May 2006 for $1.675 million. Stern was represented
by Sanford L. Pollock of Sanford L. Pollock Real Estate.
• One Triangle Lane, Murrysville, Pa.
Constructed in 1983 and 1991, One Triangle Lane is a 46,746-square-foot,
class A, two-building complex located on 4.3 acres in Murrysville,
Westmoreland County, Pa. Current tenants of the complex are Infinity
Concepts and Pace Analytical Services. The Sampson Morris Group,
Inc. purchased the property from Avalon Holdings Corporation of
Warren, Ohio, in May 2006 for $2 million. Jim Geiger of Grant Street
Associates represented the seller.
• 3501 Neville Road, Neville Island, Pa.
Totaling approximately 17.72 acres, 3501 Neville Road is located
along the Ohio River in Neville Island Township, Allegheny County,
Pa. The owner, CB&I Constructors, Inc., represented by J.R.
Yocco of Grant Street Associates, sold the property to Frank Bryan
Inc. in May 2006 for $1.2 million. Colliers Penn represented the
buyer.
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