Blog Archives
Colliers International | Pittsburgh Represents EME Associates in the Purchase of 150 Seco Road
ElectroMechanical Engineering (EME) Associates, Inc. acquired the 8,550 square foot combined office and manufacturing building located at 150 Seco Road in Monroeville Business Park. John Bilyak, Principal, and Jessica Jarosz, Vice President of Tenant Advisory Services at Colliers International | Pittsburgh, represented the buyer.
EME Associates purchased the property from 221 Allegheny Avenue Partnership represented by PRC Commercial.
“Working with Colliers International | Pittsburgh, EME established its present home in Forest Hills which has served EME for the past 7 years, and now our new home in Monroeville which will serve our expanding office and manufacturing needs,” said Alan Spisak, Owner of EME Associates.
“We were fortunate to find such an ideal fit of a flex building for EME’s real estate requirements given the strength of the industrial market,” Jessica Jarosz stated. “It was a perfect time for EME to make the acquisition.”
About EME Associates
EME is a rapidly growing nationally recognized high tech power generation company founded in Pittsburgh in 1982. A company built through engineering and consulting services has steadily increased its capabilities and services to provide turnkey solutions to the power generation industry, including recent multi-million dollar power plant synchronous condenser conversions which are key components in the stabilization of the power grid.
To learn more about EME Associates, visit their website at www.emeassociates.com.
Sampson Morris Group Holds Broker Oktoberfest
On October 23, 2012, an Oktoberfest Luncheon/Open House was held by Sampson Morris Group & Colliers International | Pittsburgh on the second floor of 5400 Campbells Run Road | Building One. There were approximately eighty brokers from the Western Pennsylvania commercial real estate brokerage community in attendance for this event.
Sampson Morris Group’s Oktoberfest Luncheon/Open House focused on the prime opportunities available at the following Sampson Morris Group properties: 5400 Campbells Run Road | Building One, 5490 Campbells Run Road | Building Five, Sharpsburg Business Park, McMichael Road Business Park, Century Business Park, Robinson Commerce Center and 173 Industry Drive. John Bilyak SIOR, CCIM, Principal | Pittsburgh, and Paul Horan, Founding Principal | Pittsburgh, of Colliers International | Pittsburgh represented 5400 Campbells Run Road | Building One, 5490 Campbells Run Road | Building Five, Sharpsburg Business Park, McMichael Road Business Park, Century Business Park and Robinson Commerce Center. CBRE represented 173 Industry Drive and Oxford Realty Services represented the retail availabilities.
“We were extremely pleased with the turnout from the brokerage community and trust everyone left with a better understanding of the multitude of opportunities being offered from the Sampson Morris Group.” said John Bilyak SIOR, CCIM, Principal at Colliers International | Pittsburgh.
Colliers International | Pittsburgh Announces the Sale of 1700 Island Avenue
1700 Island Avenue is a 136,850 SF multi-structure warehouse/distribution facility
Colliers International | Pittsburgh is proud to announce the sale of a warehouse/distribution and former bakery facility located at 1700 Island Avenue in the Chateau Street/Beaver Avenue corridor of the City of Pittsburgh. The 136,850 SF multi-story structure, situated on 4.6 acres, was sold by IBC Sales Corporation to LOC 9, LLC of Pittsburgh.
IBC Sales was represented by John Bilyak CCIM, Principal & Director of Industrial Brokerage, Ralph Egerman, Principal, and Raymond Orowetz P.E., Associate of Colliers International | Pittsburgh. The purchaser was unrepresented.
“It’s always a challenge to sell older industrial buildings, and this transaction was no different,” said John Bilyak CCIM, Principal & Director of Industrial Brokerage at Colliers International | Pittsburgh. “Fortunately we had a cooperative buyer and seller who worked together to overcome the obstacles often found in these types of sales. In the end, it was a great deal for both parties.”
colliersinternationalpittsburgh.com 