Boston Developer Buys Union Trust Building, Downtown Pittsburgh

A map of Pittsburgh, Pennsylvania with its nei...

A map of Pittsburgh, Pennsylvania with its neighborhoods labeled. For use primarily in the list of Pittsburgh neighborhoods. (Photo credit: Wikipedia)

A Boston developer with Pittsburgh ties bought Downtown’s Union Trust Building for $14 million in a sheriff’s sale on Monday.

The Davis Companies has developed property in 12 states mostly along the East Coast, but this is its first foray into the Pittsburgh market, said Downtown attorney David Lampl of Leech Tishman Fuscaldo & Lampl, who is representing the developer.

“We are evaluating our purchase of the building regarding its future use and hope to make a decision within a month or two,” said Jonathan Davis, 61, founder and CEO of The Davis Companies.

Read more: http://triblive.com/news/adminpage/5695981-74/lampl-building-developer#ixzz2uvTdS9ky
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