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Posts tagged "Commercial Real Estate"

Lower Nazareth Township comes out of settlement with land

Lower Nazareth Township will finally gain possession of a piece of property and its office and warehouse space, which officials plan to use to house a new municipal center. The resolution comes on the heels of a lengthy legal process for the commercial real estate, pitting the township against the former owners of the land and facilities.

Major lease needed for Pittsburgh office complex

An out-of-state real estate developer is in need of more time before moving ahead on the development of a $26 million office complex set to go in on Pittsburgh's North Shore. The property is set to be nestled between PNC Park and Heinz Field, both of which are professional sports stadiums. Officials for the company said they are simply waiting to finalize a lease with one major tenant before moving forward with the commercial real estate project. In order to rustle up financing for the project, the company needs a large, primary tenant, which is presumably what they are in the process of nailing down.

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