FOR IMMEDIATE RELEASE

February 21, 2006

Contact: Edie Hartman
Director, Research & Communications
(412) 391-2600
info@gsa-cw.com


 

NATIONWIDE MUTUAL INSURANCE COMPANY, U.S. GENERAL SERVICES ADMINISTRATION SIGN LONG-TERM LEASES AT ONE ADAMS PLACE

 


NEWS RELEASE

Cranberry Township, Butler County – Grant Street Associates – Cushman & Wakefield, a full-service commercial real estate firm, is pleased to announce that Nationwide Mutual Insurance Company and the U.S. General Services Administration (GSA) have signed long-term leases totaling 36,000 square feet at One Adams Place, a Class A office complex located in Seven Fields borough.

Nationwide, currently located in Pine Centers I and II in Wexford, has agreed to occupy 21,000 square feet of space on the third floor of One Adams Place. They plan to take occupancy by June 1, 2006. Nationwide is a leading US property/casualty insurer headquartered in Columbus, Ohio. Now the fourth largest provide of variable life insurance in the US, Nationwide offers personal and commercial property/casualty coverage, life insurance, financial services, surplus lines, professional liability, workers’ compensation, managed healthcare and other coverage.

GSA has signed on for 15,000 square feet in order to house a new government office for Butler County. GSA is a centralized, federal procurement, property management, policy development and information provision agency, created by Congress to improve government efficiency and help federal agencies better serve the public. In this role, GSA acquires products and services on behalf of federal agencies; plays a key role in developing and implementing government-wide policies; provides services and solutions for the office operations of more than one million federal workers; and encourages a citizen-centric relationship with government by providing a single “point of entry” to the information and services citizens need in a timeframe they can appreciate. This allows citizens to receive accurate, timely and consistent answers and information, and helps Federal agencies better respond to citizen inquiries.

With occupancy close to 50 percent, One Adams Place is at the heart of the developing commercial and retail center of the Route 228 corridor. Just two miles from Interstate 79 and the PA Turnpike, One Adams Place is loaded with amenities including large, open floor plans, an executive conference and fitness center, ample parking, and convenient access to several restaurants and retail establishments. Spaces from 2,000 square feet to 50,000 square feet are still available. For more information or to arrange a tour, please contact Timothy R. Goetz or Michael K. Siegle at (412) 391-2600.


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