Former W-P building purchased
WHEELING – A local real estate firm will help the new owner of the former Wheeling-Pittsburgh Steel headquarters in downtown Wheeling find tenants for the 144,000-square-foot building.
Jay Goodman, realtor with Harvey Goodman Realtor, sold the Market Street structure to New Albany, Ohio-based Access Infrastructures for $800,000 last week. He described the company as a real estate investor that specializes in buying distressed and troubled properties and renovating them for reuse. This is the company’s first West Virginia property. It currently operates several medical facilities in the Dayton and Columbus, Ohio, areas.
Goodman said his firm will have the lease listings and help market the building for rent. He noted there already is 18,000 square feet of space ready – situated on the fifth and seventh floors – to go that only needs cosmetic changes. The remaining square footage can be built to suit a renter. Office space ranges from 4,500 square feet to the entire building. Goodman said he does not have any renters lined up yet, but some law firms already have shown interest.
“I hope to secure some good tenants in the next couple of months,” Goodman said.
The last owner, RG Steel, lost the building during bankruptcy proceedings in 2012. The final sale had to be approved in bankruptcy court. Built in 1905, the building was originally listed at $900,000. Located at 1134 Market St., it is the tallest downtown structure with 13 floors. The sale included the furniture.
Access Infrastructures could not be reached for comment at press time.