REPORTS SAY WEST PENN ALLEGHENY SYSTEM MIGHT OCCUPY ENTIRE BUILDING
By John Mugford
Scottsdale, Ariz.-based Healthcare Trust of America Inc. (HTA) in recent weeks was poised to make a second major acquisition in Pittsburgh.
HTA recently agreed to acquire the Alcoa Business Services Center, a six-story, 230,000 square foot office property located across the street from the headquarters of aluminum producer Alcoa Inc. (NYSE: AA) on the city’s riverfront.
According to news reports, HTA would pay $41.3 million for the building, or $180 per square foot (PSF). The seller is an investment group led by the Rubinoff Co.
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