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PITTSBURGH, PA-The 54-story, 1.5-million-sf CBD office building is master leased through 2028 by Mellon Bank, which occupies 1.1 million sf as their world headquarters and subleases the remainder. The property is expected to fetch between $210 million and $225 million.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!