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$90M Refi for Pittsburgh-Area Corporate Campus
Zenith Ridge Corporate Campus, a three-building Class A office property totaling 486,000 square feet in the Pittsburgh-area community of Canonsburg, PA, has received $90-million in refinancing. The borrower, Quattro LP, a partnership comprised of principals Jim and Jack Scalo, John Verbanac and Charles Zappala, secured the 10-year, fixed-rate loan through Starwood Mortgage Capital.
The fully-leased property, which is managed, leased and developed by Burns Scalo Real Estate, comprises Zenith Ridge 1, 2 and 3, located in Southpointe Business Park, a southwestern suburban area of Pittsburgh. The campus setting offers tenants walking trails, outdoor exercise stations, ping pong tables, communal fire pits, outdoor patios and outdoor meeting areas.
HFF’s debt placement team representing the borrower included Mark Popovich.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing


