Map pinPittsburgh, PA, US, Americas

Parkway Center (LNR) - Credit

Parkway Center (LNR) - Credit_待售物业

属性

建筑总面积
22,706 平方米
占用率
88%
沃尔特
15.2 年

描述

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present this opportunity to purchase the fee simple interest in Buildings 4, 9, and 10 of Parkway Center (the “Properties” or “Portfolio”), a 244,000 square foot credit tenant office portfolio. The Portfolio is currently 88% occupied with a 15.2-year WALT and anchored by four (4) mission-critical, investment grade credit tenants, including Quest Diagnostics, and three Allegheny County departments – Pennsylvania Family Division, Department of Human Services, and Police Department. 98% of the rental income is attributed to these investment grade tenants.


The defining characteristic of this three-building Portfolio is the significant capital investment to develop nearly 212,000 square feet of mission critical space for the four investment grade credit tenants who occupy 99% of the leased area. Additionally, the Property’s strategic location, approximately 3 miles from Downtown Pittsburgh and 20 minutes from Pittsburgh International Airport, combined with direct access to I-376 via a dedicated exit, positions it as an exceptionally accessible office destination in one of the region’s most connected submarkets. This opportunity is further enhanced by the ability to acquire the Portfolio at a discounted basis, offering compelling value relative to the substantial capital improvements and quality tenant roster in place.

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投资亮点

  1. 15.2 Year WALT Backed By Credit Tenants
  2. Significant Tenant Investment
  3. Mission Critical Space
  4. Reset Basis - Discount to Replacement Cost
  5. Tenants' Rent Consistent with Market
  6. Opportunity to Appeal Tax Assessment
  7. Unmatched Locati0on
  8. Direct Highway Access
Parkway Center (LNR) - Credit 4_待售物业
Parkway Center (LNR) - Credit 4_待售物业
Parkway Center (LNR) - Credit (3个物业)
Parkway Center (LNR) - Credit (3个物业)

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最后更新 Jul 23, 2026