The property, originally built for Continental Can Company, is currently 70% leased to more than 20 tenants. No financial terms of the transaction were disclosed. Senior mortgage financing was provided by AmeriServ Financial.

By providing cash to residents and benefits to businesses, the Act can serve as a lifeline.

Somple, Perkins and Allessio represented Spartech in the sale of the property to The Stro Companies in June 2019 of 211 South Newman St. and the adjacent 65,677-square-foot industrial building at 215 South Newman Street.

By the time all is said and done, every industry and region will be impacted by the dramatic decline in economic activity, though the impact will vary by metro.