CRANBERRY TOWNSHIP, PA — Columbia Property Trust, Inc. announced that it has completed the sale of certain of its subsidiaries which own an office property in Cranberry Twp., PA, outside of Pittsburgh, for a gross sales price of $180 million.
Columbia previously secured a 15-year renewal with Westinghouse Corporation to continue its lease for the full 824,000 s/f complex as its world headquarters.
The three building campus is located on 83 acres. Buildings are steel framed structures with concrete slab-on-deck floors with a combination of aluminum curtainwall, aluminum windows, insulated metal wall panels, brick, and polished concrete block exterior. Roof system is a Thermoplastic membrane system.
Building One is 460,000 s/f, which includes full basement, five occupied floors and mechanical penthouse. Building One consists of office space, conference rooms, cafeteria, kitchen, loading dock, fitness center and data center.
Buildings Two and Three are 230,000 s/f each, and consist of full basement and four occupied floors, which is primarily office space and a daycare for Westinghouse employees is part of Building Two.