Grant Building

Location: Pittsburgh, PA
Type: Office
Price: $38,000,000

SMC provided a $38,000,000 loan to refinance the existing debt on the Grant Building. The Property is a 461,006 SF, 37-story, Class A office building that was built/renovated in 1927/2006 and is located in the Pittsburgh CBD. The Property was 89.5% occupied by approximately 100 tenants at the time of closing. The Property includes a tenant-only fitness center and a 5-story, 215-space underground parking garage.