Descrição

Jones Lang LaSalle Americas, Inc. ("JLL") presents the opportunity to acquire The Artisan at Robinson (the "Property"), a 240-unit, 96% leased apartment community at the I-376/I-79 interchange in Robinson Township, Allegheny County, Pennsylvania.

Constructed in 2024, the Property offers one to three-bedroom floor plans averaging 947 square feet, comprising 130 one-bedroom, 94 two-bedroom, and 16 three-bedroom residences. Units feature granite countertops, custom cabinetry, and stainless-steel appliances. The resort-style amenity package includes a swimming pool with cabanas, 24-hour fitness center, resident clubroom with demonstration kitchen, coworking lounges with conference room, and a leash-free pet park.

The Property's location provides access to The Mall at Robinson, Robinson Town Centre, and Settlers Ridge within one mile. Residents are minutes from Pittsburgh International Airport's new $1.7 billion terminal and approximately 15 minutes from Downtown Pittsburgh, the region's largest employment center. The Property is located in the Montour School District, which holds an A+ Niche ranking and ranks among the top 25 school districts in Pennsylvania.

The Artisan at Robinson represents an opportunity to acquire a newly constructed multifamily asset in suburban Pittsburgh. Following concentrated 2023–2025 deliveries, new construction has stalled in the trade area, positioning the Property to capture rental demand supported by regional employment, a discount to homeownership costs, and strong resident demographics. A qualified purchaser may assume the Property's existing $41.5 million loan, subject to lender approval.

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