Our Insight on the Pittsburgh Region

10/15/2018

OCTOBER NEWSLETTER

The October Newsletter, HannaLWEdition, is now available.

9/15/2018

YMCA puts three closed branch locations up for sale

The YMCA of Greater Pittsburgh has hired HLWE to market three of their branches for sale. In May 2018, the YMCA filed for Chapter 11 bankruptcy. The three properties are located in Robinson (57,600 SF total for $2.2M), Penn Hills (31,000 SF/multi story facility for $1.8 M) and Wilmerding (30,000 SF multi-purpose facility for $1.6M). All of the branches have closed; Robinson closed in June and the other two in August. For additional information on these properties, please contact Jay Phoebe and Michael Connor of HLWE.

9/10/2018

Black Forge Coffeehouse Buys 701 Chartiers Avenue

The 6,400 SF former Chartiers Trust Bank building in the heart of McKees Rocks has been purchased by a local business, Black Forge Coffee House. With the help from a Kickstarter Campaign, the business partners who run the coffeehouse were able to raise enough money for a down payment towards the purchase of the building. They plan on spending around $35,000 on renovating the building that will be larger than their current location in the Allentown neighborhood. The building was most recently occupied buy Focus on Renewal, a community services agency. Anthony Cost of HLWE represented the seller, Focus on Renewal.