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322 Fourth Avenue - Pittsburgh Information Technology Center, Pittsburgh, PA

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DetailMap
322 Fourth Avenue - Pittsburgh Information Technology Center

Pittsburgh, PA 15222-2002 - Central Business District Submarket

(4.9 MB)

Property Type:Office Sub Type:Telecom Hotel/Data Hosting Status:Existing , Renov 2001 Year Built:1920
Stories:14 Typical Floor:5,000 SF Building Size:70,000 SF
% Leased:
For Sale Price:$8,250,000 Price/SF:$117.86
Cap Rate:9.35 %
Smallest Space:3,350 SF Largest Space:13,998 SF Total Space Avail:26,680 SF Rent/SF/Yr:
$12.00 - $16.00
Parking:3 Surface spaces are available Amenities:24/7 Building Access, Conferencing Facility, Raised Floor, Restaurant


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
3,350 SF
Negotiable
Negotiable
Negotiable
Office
 5th
4,500 SF-4,666 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office
 6th
4,500 SF-4,666 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office
 7th
4,500 SF-4,666 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office
 10th
4,500 SF-4,666 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office
 13th
4,500 SF-4,666 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office
 
5984871
144630
144631
144635
144632
144633
Marketing Flyer Marketing Flyer  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
3,350 SF
Negotiable
Negotiable
Negotiable
Office
5th
4,500 SF-4,666 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office
6th
4,500 SF-4,666 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office
7th
4,500 SF-4,666 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office
10th
4,500 SF-4,666 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office
13th
4,500 SF-4,666 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office
Located downtown at 322 Fourth Avenue, between PPG Plaza and the Grant Street Corridor, the physical environment inside PITC is purely cutting edge and ready for the next millennium. If your business is involved in information technology, here is your 21st century home.

PITC is a 130,000 square foot, 14-story downtown building that has been completely rewired and upgraded with the latest telephony and broadband features. $5,000,000.00 in recent improvements include the addition of fiber optic technology, new and redundant cooling, mechanical and power systems and fire suppression equipment.

PITC is the result of extensive research of other technology centers throughout New York City's Silicon Alley. PITC will be leased exclusively to those companies in the Information Technology business. A sense of community will be created allowing for the free flow of ideas and problem solving between companies and like-minded individuals. PITC has been developed entirely around the BANDWIDTH needs of its tenants.

PITC has excellent rooftop sites for antenna installation. Other amenities include: A fully-equipped cafeteria, complimentary conference room, low cost storage space, and a secure 24/7 environment. Additionally, CCTV is available, which is monitored & taped 24/7/365. Amenities include: telephony switch, SONNET ring, 1450 kva generator, OC48 connectivity, electricity from 2 power grids, and hub of DQE fiber systems.

Sale Notes:
Qualified investors are being extended the opportunity to acquire, on an all cash basis, The Pittsburgh Information Technology Center (PITC) in downtown Pittsburgh, PA., located at 322 Fourth Avenue. The property is owned by Spruce Street Properties, LTD and consists of one 14 story building containing approximately 70,000 Sq. Ft.

The PITC is ideal for any buyer that needs a carrier class facility. Formerly a bank's disaster recovery center, the property will support hot sites, warm sites, cold sites, data centers, call centers and alternative work sites.

The Property comes equipped with a 1450 KVA diesel generator, 16,000 gallon diesel fuel storage tanks, and domestic power from dual electric feeds from different power grids, Liebert cooling systems, a Glycol System, raised floors and electronic & video security systems.

The building infrastructure has attracted a local CELE phone company to install their downtown phone switch in the PITC. Also, the local gas company has located their data center in the PITC and the local power company's fiber network subsidiary has placed the hub of their 200 mile fiber loop network in the PITC.
Full Generator backup complete with 16,000 gallons of fuel / 1450 KVA

Internet Access & Bandwidth Multiple fiber carriers on site

Major Switch Site Voice, data and all the vertical services available

Building Security - key card access and 24hr video surveillance & 1-800 maintenance emergency hotline

Raised Floors

Liebert Cooling Units supported by a Glycol Cooling System

Convenient Parking Available

Fire System preact system in place

Operations 24/7/365

Dual Electric Feeds from DQE

In-building Restaurant

Conference rooms

Collocation facilities

Satellite Uplink Available

E.V. Bishoff Company
Lisa M Fiumara
(412) 471-6868


E.V. Bishoff Company
Lisa M Fiumara
(412) 471-6868



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