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Walnut Capital completes $25M Pittsburgh Athletic Association rehab in Oakland

Media Mentions

June 8, 2021

By: Meg Davis

"Walnut Capital has completed a $25 million project to convert the venerable Pittsburgh Athletic Association clubhouse into office space. Now, it lacks just one thing: a tenant.

The Shadyside-based developer has finished the core and shell space in the six-story building on Fifth Avenue in Oakland across from the University of Pittsburgh Cathedral of Learning.

In all, about 130,000 square feet of office space is available in the refurbished clubhouse, which Walnut Capital purchased for $12.6 million in 2018 as part of the PAA’s bankruptcy reorganization."

Read the full story here.

Pittsburgh Post-Gazette | Mark Belko