Columbia Property Trust has sold Westinghouse Electric Company Headquarters, an 823,979-square-foot class A corporate headquarters building in the Pittsburgh-area community of Cranberry Township, Pa.
JLL Capital Markets represented the seller and procured the buyer, an institutional investor.
Completed in 2009, the class A trophy office complex is 100 percent triple-net leased to Westinghouse Electric Co. as its International Mission Critical Nuclear Corporate Facility housing its global corporate headquarters and executive offices, research and development, and support functions. The LEED-certified property is considered the most amenitized office complex in the Pittsburgh metro area featuring fitness facilities; tennis, basketball and volleyball courts; childcare; a cafeteria; walking trails; 24-hour building security and a PNC Bank Branch.
The Westinghouse headquarters is located at 1000 Westinghouse Drive, approximately 20 miles north of Pittsburgh in Cranberry Township, one of the fastest-growing submarkets of the Pittsburgh MSA. This location offers a robust amenity base of retail, restaurants and hotels and has convenient access to Interstates 76 and 79 providing connectivity to the entire Pittsburgh region.
