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NKF Secures One of the Largest Industrial Sales in Pittsburgh

By Tony Seruga

The sale of the Class A industrial property marks the fourth industrial building completed in the Clinton Commerce Park and the first sale to a third party.

After leading the global marketing launch of the 3.25 million-square-foot mixed-use development in Eagan, Minn. back in June, Newmark Knight Frank secured the marketing and sale of Clinton Commerce Center I, a 297,200-square-foot industrial space located close to Pittsburgh International Airport. The company represented Clinton Center LLC. PenTrust, a local pension fund advisor, provided the financing for the project which was valued at $26.7 million.

SINGLE-TENANT PROPERTY

Located at 2300 Sweeney Drive, within Clinton Commerce Park, the Class A facility is leased entirely to Berlin Packaging on a long-term lease. This marks the fourth industrial building completed in the Clinton Commerce Park and the first sale to a third party…

NKF Secures One of the Largest Industrial Sales in Pittsburgh

Categories : Private Equity

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