Sublease Opportunity
Seagate Technology Building
1250 Waterfront Drive | Pittsburgh, PA 15222
www.seagatepittsburgh.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Building and Sublease Information - Overview
Year Built:
2001
Height:
5 floors (2nd Floor is mezzanine space)
Gross Building Area:
200,000 SF
Space/Area Available:
200,000 SF
Contiguous Space Available:
200,000 SF
Average Floor Size:
40,460 SF
Possession:
To be Detirmined
Lease Tern:
Through January 2017
Base Rent:
Office Space:
$19.75 per SF Full Service
Cleanroom Space: Negotiable
Parking:
248 dedicated spaces
Additional Parking:
1,000 cars via Alco Parking
Alco Parking Corporation
412-323-4455
www.alcoparking.com
Comments:
This building is located in the Strip District and is within 2 blocks
of the CBD.
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Building and Sublease Information
Technical Features
The five story, 200,000 SF Seagate Technology Building houses state of the art
office, laboratory and conference facilities that have supported research and
development operations.
Cleanrooms
The building accommodates 30,000 SF of cleanrooms (Class 10 to Class 1,000),
which are more than 100 times cleaner than the typical hospital operating
room. A vibration-dampening building design allows precision fabrication on a
nanometer scale, and the air supply system maintains near constant temperature,
pressure and relative humidity.
Other Features
Seagate Technology Building also has a cafeteria and a fully equipped exercise
facility, including lockers and showers. Interaction zones located on every
floor are informal gathering places that promote impromptu discussions and
brainstorming sessions.
Laboratories
The facility houses more than 24,000 SF of laboratories (wet and dry capable).
Communications
Seagate Technology Building was constructed with one of the most robust and
flexible network infrastructures possible. To promote internal collaboration as
well as open communication with the other Seagate facilities, each conference
room is equipped with power, data and audio/video ports at each seat. A ceilingmounted projection system, electronic white board, video conferencing and
personal computer are available at the touch of a button. The unique computer
network design is based on a “zone distribution” of network electronics, tied
together with over 17 miles of fiber optic cabling. The novel, “blowable” fiber
concept serves individual workstations and cleanrooms, and creates a robust,
flexible and future-proof computing environment.
Auditorium
The building houses a 265 seat auditorium with a video over fiber distribution
system and satellite downlink that can direct signals to any conference room,
plasma screen or network connection.
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Building and Sublease Information
GENERAL:
Building size
200,000 square feet
Type
Office/labs/cleanroom
Number of stories
5 floors (2nd Floor is mezzanine space)
Date Available
Negotiable
Direct Lease or Sublease
Sublease
Year built
2001
Owner
The Buncher Company
Property Manager
The Buncher Company
Broker
GVA Oxford - Randall G. McCombs
412.261.0200
Architects
TKA - Tasso Katselas Architects
Building access
Proximity Card Reader
Parking ratio / # of spaces
1.24 per 1,000 SF - 248 spaces
BUILD-OUT:
General Description
Office, Lab and Cleanroom Space
Private offices
5
Conference rooms
17
Training rooms
(1) 300 seat with 4 screens auditorium
Labs
32
Computer / Data Center
1 main / 2 satellite closets per floor
Server room
1
Fitness Center
1(24 hour access, Equipped, Showers)
Kitchen/Cafeteria
1 (Seating for 105+)
Restrooms (showers)
18 (Showers: 4 in Fitness Center)
Warehouse / shipping-receiving
2 bay dock - 1 with leveler
Clear Height
16-18’
Outdoor employee amenities
Patio with Landscape Forms tables and seating
and secure wireless network access, Walking
Trails
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Building and Sublease Information
INFRASTRUCTURE:
HVAC:
DATA SYSTEMS:
Chilled and Hot Water
Type
2 York Chillers and 2 Bryan Boilers
Size
1200 Ton Chillers; 12,600 BTU Boilers
Age of units
7 years
Equipment racks available in server
room
Negotiable
Dedicated 24/7 HVAC in server room/
tons
Yes
Sprinklered
Yes
Type of data connectivity provided to
building
Multiple T1, OC3 and copper trunks
ADA Compliant
Yes
Fiber mux in building / type
Yes - Verizon Provided
Fire alarm system
Stanley Systems
Phone system: type / # of handsets
Energy management system
Honeywell XL5000
Siemens HiCom Model 80 + Phonemail/ ~250
handsets
Power
9000AMP (Building) 2500 AMP (CUB)
Fiber Service
Yes - Dual entrance, sonnet service 12-01 fiber
optic cable
Back-up Power (generators)
1250 KW Caterpillar
UPS back-up
(2) 50 KVA; (1) 30 KVA; (3) 500 KVA
Grade level Door:
Level
Dock high Door:
14’
Ceiling height
16’
Type of roof/age
2 layer asphalt / 7 years
Security system
Amag Symetry Access Control System, (7) PTZ
cameras, 20 Interior Cameras with Panels and
Readers
Elevators:
Passenger
Freight handling
4 total
3 (2,500 lbs)
1 (4,500 lbs)
Satellite (roof)
Yes with analog and digital receivers. Plus
DirecTV service
Cabling systems
Voice/Data - Hubbel/General Category 5e
Plenum rated cable
Blolite - Blowable fiber 62.5 micron for zone
distribution backbone
FURNITURE SYSTEMS:
Cubicles: type / age / size
Herman Miller Ethospace - 6-8 years old 10/12, 86”H with door
Network-wired for data and phone
(#/cube)
All - very flexible due to network design (minimum 2 each voice/data)
Private offices / conference rooms
furnished
Herman Miller Passages / Van San
Network-wired for data and phone
(#/office)
2 phone minimum 2 data typically 4 data
Type of wiring / termination location
Category 5e patch cables - no face plate in
cube
CLOSEST TRANSPORTATION
POINT:
Type
Port Authority
Location
1- 3 blocks
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Floor Plans
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Floor Plans
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Floor Plans
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Floor Plans
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Floor Plans
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Cleanroom Space
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Cleanroom Space
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Building and Sublease Information
Interior Photos - Office Space
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Building and Sublease Information
Interior Photos - Office Space
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Building and Sublease Information
Interior Photos - Server Room
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Building and Sublease Information
Interior Photos - Break Room
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Building and Sublease Information
Interior Photos - Building Amenities
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Building and Sublease Information
Interior Photos - Building Amenities
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Building and Sublease Information
CBD
Greyhound Bus
Station
I-579
Veterans Bridge
Senator John Heinz History Center
Hampton Inn
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Building and Sublease Information
Nearby Amenities/Attractions
Location of New
Penguins Arena
Mellon Arena
Amtrack Station
Greyhound Bus
Station
Convention Center
Heinz Plant
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Building and Sublease Information
Nearby Amenities
Greyhound Bus
Station
David L. Lawrence
Convention Center
Senator John
Heinz History
Center
Hampton
Inn
Seagate
Building
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Building and Sublease Information
Pittsburgh CBD - Nearby Amenities/Restaurants
Seagate
Building
1
4
2
3
9
10
5
8
6
7
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Key
1. Convention Center
2. Courtyard Marriot
3. Renaissance Hotel
4. Westin Pittsburgh
5. Ramada
6. Omni William Penn
7. City-County Building
8. Hilton Hotel
9. Benedum Center
10. Heinz Hall
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Restaurants & Hotels
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Airport offers
y, extensive air
ccess and
ures since 1993
70, I-76 (the
80; I-68 is
X and Norfolk
More than 200 air and surface freight companies
Home to distribution and logistics operations of
Seagate
Dick’s Technology
Sporting Goods Building
Inc.; McKesson
1250 Waterfront Place, Pittsburgh PA, 15222
Corporation; SUPERVALU Inc.; and TreeHouse
Foods, Inc., to name a few
Pittsburgh Market Information
A comprehensive online real estate database:
www.pittsburghprospector.com
Cities within 500 Miles of Pittsburgh
rgh region,
n populations
l output
me; 40+ percent
retail markets,
a
r corporate headquarters, is also the ideal location for our state-ofrations. Our employees enjoy a high quality of life, and American
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Pittsburgh Market Information
City of Pittsburgh Walking Map
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Pittsburgh Market Information
Demographics of the Region
Top 25 Largest MSA’s in the Nation
The City of Pittsburgh has a population of 312,819 people in its 55.6 square mile
area. Located in Allegheny County (population 1.2 million people), Pittsburgh is
the second largest city in Pennsylvania and the 22nd Largest MSA in the nation;
ahead of cities like Denver, Miami and Orlando.
Population Trends 1990 - 2006
Area
Change
‘00-’06
Change
‘90-’00
Daytime Population
The City of Pittsburgh’s daytime
1
Los Angeles-Long Beach, CA
2
New York, NY
3
Chicago, IL PMSA
4
Philadelphia, PA-NJ
5
Washington, DC-MD-VA-WV
6
Detroit, MI
7
Houston, TX
fourth with the highest percentage
8
Atlanta, GA
change between daytime and resident
population is 41% higher than it’s
resident population as a result of daily
commuters coming to the city to
work. In comparison to other cities
that have a population of 250,000
residents or more, Pittsburgh came in
2006
2000
1990
12,440,621
12,281,054
11,881,643
0.22%
0.34%
9
Dallas, TX
populations. The three cities above
10-County Region
2,591,237
2,656,007
2,694,079
-0.41%
-0.14%
10
Boston, MA-NH
Pittsburgh were Washington, DC (1),
Pittsburgh MSA*
2,370,776
2,431,087
2,468,289
-0.42%
-0.15%
11
Riverside-San Bernardino, CA
Atlanta, GA (2) and Tampa, FL (3).
Allegheny County
1,223,411
1,281,666
1,336,449
-0.77%
-0.41%
12
Phoenix-Mesa, AZ
316,718
334,563
369,879
-1.07%
-0.95%
13
Minneapolis-St. Paul, MN-WI
An estimated 182,000 people
14
Orange County, CA
commute to the CBD each morning
15
San Diego, CA
to work. This number, based on the
16
Nassau-Suffolk, NY
2000 United States Census report,
17
St. Louis, MO-IL
does not include those who travel
18
Baltimore, MD
each day for school, shopping, doctors
19
Seattle-Bellevue-Everett, WA
appointments as well as other visitors,
20
Tampa-St. Petersburg-Clearwater, FL
therefore one can assume the number
21
Oakland, CA
could be quite higher.
22
Pittsburgh, PA
23
Miami, FL
24
Cleveland-Lorain-Elyria, OH
25
Denver, CO
Pennsylvania
City of Pittsburgh **
* MSA (Metropolitan Statistical Area includes these counties: Allegheny, Armstrong, Beaver, Butler, Fayette, Washington, and Westmoreland.)
** Data only available through 2005
Source: U.S. Census Bureau, 2006 American Community Survey | Last Updated: April 6, 2007
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
Pittsburgh Market Information
Named “The Most Livable City” in the nation by Rand McNally in 2007,
Pittsburgh is amidst a real estate renaissance. Located at the confluence of the
Allegheny, Ohio and Monongahela Rivers, Pittsburgh is the largest inland port
in the U.S., providing access to the nation’s 9,000 mile inland waterway system.
The City of Pittsburgh has a population of 312,819 people in its 55.6 square mile
area. Located in Allegheny County (population 1.2 million people), Pittsburgh is
the second largest city in Pennsylvania and the 22nd Largest MSA in the nation;
ahead of cities like Denver, Miami and Orlando.
Once known solely for the steel mills, Pittsburgh has grown into a high-tech,
modern city with world class universities, health care facilities and research
groups that the city is now positively inundated by. There have been many new
developments and announcements for plans in the City of Pittsburgh.
LERTA Residential Tax Exemption Schedule
Years 1-2
100% of increment between existing tax revenues and new tax revenues*
Years 3-4
90% of increment*
Years 5-6
80% of increment*
Years 7-8
70% of increment*
Years 9-10
60% of increment*
*Maximum abatement amount per year:
$150,000 for City taxes
$100,000 for County taxes
$250,000 for School taxes
The Urban Redevelopment Authority of Pittsburgh
200 Ross Street
Over the past two years, there has been a boom in the City of Pittsburgh towards
Pittsburgh, PA 15219-2016
redeveloping older office and industrial buildings into residential buildings:
Telephone: 412-255-6600
condominiums, apartments or student housing. Also, developers have been
Fax: 412-255-6617
constructing new residential buildings. The conversion of these older office
buildings to residential has helped the office market in the CBD immensely. The
www.ura.org/index.html
tenants that inhabited these residentially redeveloped class C office buildings
needed to be moved to new spaces – most have stayed downtown.
Act 42 and LERTA (Local Economic Revitalization Tax Act) are just two programs
that the City of Pittsburgh and Allegheny County use to help the revitalization
of the area. Act 42 allows a 100% abatement of City, County and School taxes
on new construction housing and substantial rehabilitation housing. The entire
City of Pittsburgh is eligible for Act 42 tax abatement. LERTA is a tax credit
on improvements to existing buildings and new construction that is available in
selected areas of the City; in these areas, an accelerated tax credit is available for
the conversion of commercial buildings and land to residential use and hotels.
The Pittsburgh State Office Building is located in a LERTA zone.
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
The Strip District - Surrounding Neighborhood Information
wholesalers started to lose business. Some of these wholesalers opened retail
History of the Strip District
The Seagate building is located in the section of Pittsburgh referred to as the
Strip District or simply the Strip. The Strip runs along the Allegheny River from
11th Street to 33rd Street and is only as wide as three city blocks reaching Liberty
Avenue.
stores along Smallman Street and Penn Avenue. Today, these stores still exist and
on Saturday mornings, the streets of the Strip District are filled with vendors and
patrons looking for ethnic foods and fresh produce. On the weekend evenings,
the Strip is filled with college students and club patrons looking to have fun. The
Strip district is home to many bars, dance clubs as well as restaurants ranging
Once home to mainly heavy industrial factories and the diverse immigrants that
worked their, the Strip later became the hub for wholesale produce merchants.
Railroad tracks ran
down up and down
the Strip, mainly for
use of the factories,
and produce was
stripped from
these trains and
unloaded directly into
warehouses.
from the famous Primanti Brothers Sandwich shop to upscale dining.
The Senator John
Heinz History Center
is located in the Strip,
as well. Located
across from the new
Hampton Inn that was
constructed last year,
the 275,000 SF history
and educational center
opened its doors in
In the 1950’s, grocery
1996. Included in
stores became more
the museum is the
convenient and
Western Pennsylvania
available, these
Sports Museum.
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
The Strip District - Surrounding Neighborhood Information
Office Tenants
Galletta Engineers, Dollar Bank and SAI Consulting
Engineers are some of the largest office users in the
Strip District. The Pittsburgh Opera has recently
purchased the former Westinghouse Air Brake
facility on Penn Avenue that will be renovated into
their new rehearsal facility as well as office space.
The 30,000 SF building, originally constructed in
1870, was purchased for $2.5 million. Many firms
search for a specific type of office space in the Strip.
Over the years, developers have renovated older
warehouse buildings into office space with high
and open ceilings, showing exposed duct work and
sometimes steel or wood support beams.
Residential Renovations
The Armstrong Cork Factory building which has
been converted to 295 apartments has opened to
residential tenants this November 2006. When
the $60 million project is completed it will include
retail, parking garage and a river walk with marina.
Currently, there are 50 apartments rented.
The Cork Factory will have competition from a
newly announced condo project along Smallman
and 25th Street - Otto Milk Building – 2501
Smallman Street. Seven buildings have been
purchased buy a Philadelphia developer to build-out
70 condos ranging is size from 800 to 2,000 sq. ft.
An additional 32 units are planned for a former
equipment warehouse at 1221 Penn Avenue known
as the Hardware Lofts. The condominium units
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com
will range in size from 850 SF to 2,100 SF and will
all have 11 ft to 14ft ceilings and floor to ceiling
windows. Unit prices will start in the mid-$200,000
and the penthouse units will start upwards of
$800,000.
The Brake House Lofts were completed in 2001.
The 18 loft style units were renovated from the
building that was once home to the Westinghouse
Air Brake facility. The exposed mason and steel
beams as well as the semi-transparent, moveable
walls are the attractive features that draw the
residents to the building.
Seagate Technology Building
1250 Waterfront Place, Pittsburgh PA, 15222
For Further Information in regards to this building, please contact:
Randall G. McCombs
Executive Vice President, Managing Director
301 Grant Street
Suite 400
Pittsburgh, PA 15219
412.261.0200 phone
412.395.3409 fax
Rmccombs@gvaoxford.com
www.gvaoxford.com
Donald H. Reimann, SIOR
Senior Vice President
450 W. Santa Clara Street
San Jose, CA 95113
408.282.3888 phone
408.283.2553 fax
dreimann@colliersparrish.com
www.colliersparrish.com
Disclaimer: Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, such information has not been verified, and no express representation is made nor is any to be implied
as to the accuracy thereof, and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. Rental terms and all dimensions are approximate and
specifications are subject to change without notice. Oxford Realty Services, Inc., an independent real estate services company.
GVA Oxford • One Oxford Centre • Suite 400 • Pittsburgh, Pennsylvania 15219 • 412.261.0200 • www.gvaoxford.com
Colliers International • 450 West Santa Clara Street • San Jose, California 95113 • 408.282.3888 • www.colliersparrish.com