Monday January 24, 2022

Back for more: Al. Neyer plans more buildings on Pittsburgh International Airport land

Al. Neyer received approval for three ground lease agreements to construct at least three more buildings on authority-owned land at Pittsburgh International Airport. We are grateful to work with the Allegheny County Airport Authority board for the continued development of the airport corridor.

From Pittsburgh Post-Gazette:

At Clinton Commerce Park, Al. Neyer plans to build a 70,000-square-foot structure intended for light industrial on the last parcel of land available to complete that development. The facility will be the seventh built by Al. Neyer at the office park, which currently houses nine buildings. To date, 2.3 million square feet has been developed.

Brandon Snyder, vice president and Pittsburgh market leader for Al. Neyer, expects to see good demand for the new building, saying “there are few opportunities currently for tenants looking for 40,000 to 70,000 square feet of space.”

At the Skyview business park adjacent to Industry Drive, Al. Neyer is planning a 109,000-square-foot building to be completed next year.  Mr. Snyder said the two-building park is designed to attract distribution and logistics tenants. Al. Neyer is talking to prospects, although it does not have any signed deals.

At the authority’s Northfield business park, Al. Neyer is planning to construct a 175,000-square-foot building on 13.65 acres that once was leased to Dick’s Sporting Goods. It is one of four buildings totaling 700,000 square feet the developer is proposing at the site. Al. Neyer is targeting life science, technology, and manufacturing companies for the Northfield project, Mr. Snyder said. Like the others, the building is being developed without a signed tenant.

Al. Neyer has made a name for itself in the airport corridor. Overall, it has 11 buildings that are either finished or under development. “Airport land is attractive,” Mr. Snyder said, “because it generally has the infrastructure in place needed for development and is close to major highways.”

Read more from Mark Belko at Pittsburgh Post-Gazette

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