Property details
Pittsburgh, Pennsylvania
Plaza at the Pointe
Investment type
Value Add
Asset Class
Retail
Ownership Structure
Joint Venture
Year Acquired
2016
Investment Summary
Syndicated invested alongside M&J Wilkow in Plaza at the Pointe, an established regional shopping center consisting of 149,943 square feet and 581 parking spaces (3.9/1,000 square feet).
Built in 1998, the property is situated on 14.19 acres and benefits from its proximity to major national retailers and I-376, which has average daily traffic counts above 55,000 vehicles. The property is accessible via Summit Park Drive, which accommodates more than 24,000 vehicles daily. Downtown Pittsburgh is approximately seven miles east, and the Pittsburgh International Airport is eight miles northwest.
