Tempus Realty Partners, an Arkansas-based real estate investment partnership, announced the acquisition of a premier class A+ office and retail property in Pittsburgh’s Strip District for $43.75 million.
The property encompasses 94,580 square feet of office space and 31,405 square feet of retail, totaling more than 125,000 square feet of high-end, mixed-use space. Originally a warehouse, the building has been redeveloped into a modern architectural landmark featuring energy-efficient windows, soaring ceilings and historic character thoughtfully preserved throughout.
Located outside downtown Pittsburgh, the property is fully leased to Aurora Innovation, a leading autonomous vehicle technology company, as well as three nationally and regionally recognized retail tenants: Balverna, an Argentine-style brasserie; Orr’s Jewelers, a premier fine jewelry retailer; and Design Within Reach, a modern furnishings brand.
“With office valuations currently below even the
