100 Commerce Dr, Pittsburgh, PA 15275

Discount to Replacement Cost

The asset is positioned at a significant discount to the pricing ceiling established by recent stabilized trades and comparable owner-user acquisitions. By entering at a basis substantially below replacement cost, the buyer secures a defensive equity position immediately upon closing, purchasing a premium facility for a fraction of what competitors have paid for similar utility.

Strategic Location

Located just moments from the International Airport and a short commute from the Central Business District, the property sits at the intersection of Western Pennsylvania’s busiest transportation node. This central positioning ensures optimal accessibility for logistics operations, client access, and workforce retention.

“Bifurcated” Market Arbitrage

The Parkway West submarket is currently telling a “tale of two markets,” polarized between distressed, obsolete inventory and premium, functional product. This asset bridges the divide, offering a unique arbitrage: it delivers the physical infrastructure and quality associated with the top tier of the market, yet it is accessible at a competitive cost basis. It offers the quality of a stabilized asset with the upside potential of a value-add play.