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| EQT Plaza, Pittsburgh, PA |
PITTSBURGH, PA – HFF announced today that it has acted as
the financial advisor to Liberty Avenue Mezzanine, LLC, in a business
transaction whereby Highwoods Properties, Inc, acquired control of EQT Plaza, a 32-story, trophy office
tower in Pittsburgh, Pennsylvania.
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| John Pelusi |
EQT Plaza is a 616,000 rentable-square-foot, trophy-quality
office tower located at 625 Liberty Avenue in Pittsburgh’s central business
district.
The property is the corporate headquarters for EQT
Corporation and is 92.2 percent occupied with minimal near-term lease
rollover.
Additional tenants include Cohen & Grigsby, McGuire
Woods, and Fox Rothschild.
 |
| Kyle Prawdzik |
The building
features a full-service health club, a 5,170-square-foot conference center,
underground parking garage and a Morton’s of Chicago restaurant. Liberty Avenue Mezzanine and its affiliates
invested significant capital during the last five years on plaza and lobby
renovations, a new life safety system, and fitness and business center
upgrades.
The HFF team representing Liberty Avenue Mezzanine, LLC was
led by executive managing director and managing member John Pelusi,
executive managing director Gerard Sansosti and director Kyle
Prawdzik.
Contact:
Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 |
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