The portfolio will be listed for sale without a formal askingprice. However, an HFF source gives GlobeSt.com a ballpark figureof "in excess of $200 per sf," which by our calculation could equalmore than $90 million. Asking rents there are $25 per sf, thesource says.

The source says the four-building portfolio is 100% leased, andconsists of the 106,435-sf 500 Cranberry Woods, the 119,444-sf 600Cranberry Woods, the 107,033-sf 700 Cranberry Woods and the120,001-sf 800 Cranberry Woods. Tenants include WestinghouseElectric, Cellco/Verizon and McKesson. The office park is also thehome of the world headquarters of Mine Safety Appliance and, asGlobeSt.com reported last year, will be the location ofWestinghouse Electric's new 975,000-sf worldheadquarters.

The facility will occupy 80 acres at Cranberry Woods and isscheduled for completion in 2010. As previously reported onGlobeSt.com, the choice of Cranberry Woods followed a review ofpotential locations in Connecticut, Maryland, Virginia, North andSouth Carolina and Georgia in addition to expansion of its existing535,000-sf Monroeville facility in neighboring AlleghenyCounty.