January 26, 2016 Comments Off on Shorenstein Snags 1M-SF One Oxford Centre in First-Time Pittsburgh Deal Views: 355 California News, National News, Northeast, Pennsylvania

Shorenstein Snags 1M-SF One Oxford Centre in First-Time Pittsburgh Deal

Shorenstein Properties LLC recently made its investment debut in Pittsburgh, reportedly acquiring the 1-million-square-foot One Oxford Centre in downtown Pittsburgh from Oxford Development Co. Though specific details of the transaction were kept under wraps, sources believe the San Francisco buyer paid approximately $149 million for the property.

Located at 301 Grant St., One Oxford Centre encompasses 884,403 square feet of office space, a five-level atrium with 58,278 square feet of restaurants, shops and commercial office space, a fitness club and an eight-story garage with 850 parking spaces.

HFF’s John H. Pelusi Jr. and Mark Popovich represented the seller in the transaction.

Connect with HFF’s Pelusi

Connect with HFF’s Popovich

Read More at Pittsburgh Post Gazette

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