Colliers International | Pittsburgh secures new 66,713 SF office lease, on behalf of HUB Properties Trust, for Chevron expansion at Cherrington Corporate Center
Source: Pittsburgh Business Times
As developments in Marcellus and Utica Shale continue to grow their presence in western Pennsylvania, oil and gas conglomerate Chevron Corporation is expanding. Chevron recently signed a 66,713 SF office lease at Cherrington Corporate Center, Building 600 in Moon Township. The building was represented on behalf of its owner HUB Properties Trust by Paul Horan, Founding Principal and Jeffrey Adams, Vice President | Office and Industrial Brokerage at Colliers International | Pittsburgh.
“Colliers International | Pittsburgh, in conjunction with representatives of REIT Management & Research, LLC (HUB’s Property & Asset Management Company), assembled a highly qualified team of representatives to address all of Chevron’s specific facility questions and requests without delay,” said Jeffrey Adams, Vice President | Office and Industrial Brokerage at Colliers International | Pittsburgh. “To assist with Chevron’s continued growth in the region and to obtain them as the newest tenant within Cherrington, the landlord team staged the full-building renovation (interior and exterior) to make sure we would meet their operational date without disruption to their everyday office use.”
The Pittsburgh Business Times reports that according to spokesman Nate Calvert, the company said it took the space to accommodate the growth of its Appalachian/Michigan Business Unit, which oversees development of the Marcellus and Utica Shales in Pennsylvania, and other shale drilling in Michigan.
Cherrington Corporate Center is close to Chevron’s existing office operations, and is ideally situated along the Parkway West. Building 600 is accessible via two (2) interchanges from Route 60 (Ewing Road and Thorn Run Road), and is located just 20 minutes to downtown Pittsburgh and in close proximity to the Pittsburgh International Airport.
Posted on March 15, 2012, in Office and tagged Cherrington Corporate Center, Chevron, HUB Properties Trust, Leasing, Pittsburgh Commercial Real Estate. Bookmark the permalink. Comments Off on Colliers International | Pittsburgh secures new 66,713 SF office lease, on behalf of HUB Properties Trust, for Chevron expansion at Cherrington Corporate Center.