SlideShare a Scribd company logo
HaydenMaguire’s purchase sends a clear
signal of investor interest
Pittsburgh
• Less than a year after securing e-commerce giant Amazon to a 252,000-square-foot lease, Rugby Realty
sold the 560,000-square-foot warehouse building at 2250 Roswell Drive for nearly four times what it paid
for it. Philadelphia-based HaydenMaguire Real Estate Funds purchased the building for $29 million or
$52 per square foot. In terms of actual dollars, the sale represents the largest industrial sale in the region
in quite some time. And for Rugby, it’s a major cash-out for a building it bought out of receivership for
$7.4 million less than four years ago after it was left behind by the former furniture retailer Roomful
Express.
Source: JLL Research
Chart of the week: August 24, 2015
$0
$20
$40
$60
$80
2011 2012 2013 2014 YTD 2015
Industrial sales activity
(bubble size is relative to total sales price)$/SF

More Related Content

More from JLL_Midwest_Great_Lakes_Research

JLL Pittsburgh Office Insight - Q3 2015
JLL Pittsburgh Office Insight - Q3 2015JLL Pittsburgh Office Insight - Q3 2015
JLL Pittsburgh Office Insight - Q3 2015
JLL_Midwest_Great_Lakes_Research
 
Office Insight Q3 2015-Chicago CBD
Office Insight Q3 2015-Chicago CBDOffice Insight Q3 2015-Chicago CBD
Office Insight Q3 2015-Chicago CBD
JLL_Midwest_Great_Lakes_Research
 
Indianapolis JLL Employment Update - October 2015
Indianapolis JLL Employment Update - October 2015Indianapolis JLL Employment Update - October 2015
Indianapolis JLL Employment Update - October 2015
JLL_Midwest_Great_Lakes_Research
 
Leasing Activity Sheet Q3 2015-Detroit
Leasing Activity Sheet Q3 2015-DetroitLeasing Activity Sheet Q3 2015-Detroit
Leasing Activity Sheet Q3 2015-Detroit
JLL_Midwest_Great_Lakes_Research
 
Office Insight Q3 2015-Detroit
Office Insight Q3 2015-DetroitOffice Insight Q3 2015-Detroit
Office Insight Q3 2015-Detroit
JLL_Midwest_Great_Lakes_Research
 
Minneapolis St. Paul - Employment Update October 2015
Minneapolis St. Paul - Employment Update October 2015Minneapolis St. Paul - Employment Update October 2015
Minneapolis St. Paul - Employment Update October 2015
JLL_Midwest_Great_Lakes_Research
 
Chicago JLL employment update - October 2015
Chicago JLL employment update - October 2015Chicago JLL employment update - October 2015
Chicago JLL employment update - October 2015
JLL_Midwest_Great_Lakes_Research
 
Jll Detroit Employment Update October 2015
Jll Detroit Employment Update October 2015Jll Detroit Employment Update October 2015
Jll Detroit Employment Update October 2015
JLL_Midwest_Great_Lakes_Research
 
JLL Chart of the Week - Indianapolis
JLL Chart of the Week - IndianapolisJLL Chart of the Week - Indianapolis
JLL Chart of the Week - Indianapolis
JLL_Midwest_Great_Lakes_Research
 
JLL Office Insight Q3 2015 - Indianapolis
JLL Office Insight Q3 2015 - IndianapolisJLL Office Insight Q3 2015 - Indianapolis
JLL Office Insight Q3 2015 - Indianapolis
JLL_Midwest_Great_Lakes_Research
 
JLL Minneapolis-St. Paul Chart of the Week: September 28, 2015
JLL Minneapolis-St. Paul Chart of the Week: September 28, 2015JLL Minneapolis-St. Paul Chart of the Week: September 28, 2015
JLL Minneapolis-St. Paul Chart of the Week: September 28, 2015
JLL_Midwest_Great_Lakes_Research
 
Chart of the Week - Indianapolis
Chart of the Week - IndianapolisChart of the Week - Indianapolis
Chart of the Week - Indianapolis
JLL_Midwest_Great_Lakes_Research
 
JLL Detroit Chart of the Week: September 14, 2015
JLL Detroit Chart of the Week: September 14, 2015JLL Detroit Chart of the Week: September 14, 2015
JLL Detroit Chart of the Week: September 14, 2015
JLL_Midwest_Great_Lakes_Research
 
JLL Chicago Chart of the Week - September 14, 2015
JLL Chicago Chart of the Week - September 14, 2015JLL Chicago Chart of the Week - September 14, 2015
JLL Chicago Chart of the Week - September 14, 2015
JLL_Midwest_Great_Lakes_Research
 
Indianapolis JLL Employment Update September 2015
Indianapolis JLL Employment Update September 2015Indianapolis JLL Employment Update September 2015
Indianapolis JLL Employment Update September 2015
JLL_Midwest_Great_Lakes_Research
 
Chicago jll employment update september 2015
Chicago jll employment update september 2015Chicago jll employment update september 2015
Chicago jll employment update september 2015
JLL_Midwest_Great_Lakes_Research
 
JLL Cleveland Chart of the Week: September 7, 2015
JLL Cleveland Chart of the Week: September 7, 2015JLL Cleveland Chart of the Week: September 7, 2015
JLL Cleveland Chart of the Week: September 7, 2015
JLL_Midwest_Great_Lakes_Research
 
JLL Cleveland Chart of the Week: August 31, 2015
JLL Cleveland Chart of the Week: August 31, 2015JLL Cleveland Chart of the Week: August 31, 2015
JLL Cleveland Chart of the Week: August 31, 2015
JLL_Midwest_Great_Lakes_Research
 
JLL Columbus Chart of the Week: August 24, 2015
JLL Columbus Chart of the Week: August 24, 2015JLL Columbus Chart of the Week: August 24, 2015
JLL Columbus Chart of the Week: August 24, 2015
JLL_Midwest_Great_Lakes_Research
 
JLL Pittsburgh Chart of the Week: August 17, 2015
JLL Pittsburgh Chart of the Week: August 17, 2015JLL Pittsburgh Chart of the Week: August 17, 2015
JLL Pittsburgh Chart of the Week: August 17, 2015
JLL_Midwest_Great_Lakes_Research
 

More from JLL_Midwest_Great_Lakes_Research (20)

JLL Pittsburgh Office Insight - Q3 2015
JLL Pittsburgh Office Insight - Q3 2015JLL Pittsburgh Office Insight - Q3 2015
JLL Pittsburgh Office Insight - Q3 2015
 
Office Insight Q3 2015-Chicago CBD
Office Insight Q3 2015-Chicago CBDOffice Insight Q3 2015-Chicago CBD
Office Insight Q3 2015-Chicago CBD
 
Indianapolis JLL Employment Update - October 2015
Indianapolis JLL Employment Update - October 2015Indianapolis JLL Employment Update - October 2015
Indianapolis JLL Employment Update - October 2015
 
Leasing Activity Sheet Q3 2015-Detroit
Leasing Activity Sheet Q3 2015-DetroitLeasing Activity Sheet Q3 2015-Detroit
Leasing Activity Sheet Q3 2015-Detroit
 
Office Insight Q3 2015-Detroit
Office Insight Q3 2015-DetroitOffice Insight Q3 2015-Detroit
Office Insight Q3 2015-Detroit
 
Minneapolis St. Paul - Employment Update October 2015
Minneapolis St. Paul - Employment Update October 2015Minneapolis St. Paul - Employment Update October 2015
Minneapolis St. Paul - Employment Update October 2015
 
Chicago JLL employment update - October 2015
Chicago JLL employment update - October 2015Chicago JLL employment update - October 2015
Chicago JLL employment update - October 2015
 
Jll Detroit Employment Update October 2015
Jll Detroit Employment Update October 2015Jll Detroit Employment Update October 2015
Jll Detroit Employment Update October 2015
 
JLL Chart of the Week - Indianapolis
JLL Chart of the Week - IndianapolisJLL Chart of the Week - Indianapolis
JLL Chart of the Week - Indianapolis
 
JLL Office Insight Q3 2015 - Indianapolis
JLL Office Insight Q3 2015 - IndianapolisJLL Office Insight Q3 2015 - Indianapolis
JLL Office Insight Q3 2015 - Indianapolis
 
JLL Minneapolis-St. Paul Chart of the Week: September 28, 2015
JLL Minneapolis-St. Paul Chart of the Week: September 28, 2015JLL Minneapolis-St. Paul Chart of the Week: September 28, 2015
JLL Minneapolis-St. Paul Chart of the Week: September 28, 2015
 
Chart of the Week - Indianapolis
Chart of the Week - IndianapolisChart of the Week - Indianapolis
Chart of the Week - Indianapolis
 
JLL Detroit Chart of the Week: September 14, 2015
JLL Detroit Chart of the Week: September 14, 2015JLL Detroit Chart of the Week: September 14, 2015
JLL Detroit Chart of the Week: September 14, 2015
 
JLL Chicago Chart of the Week - September 14, 2015
JLL Chicago Chart of the Week - September 14, 2015JLL Chicago Chart of the Week - September 14, 2015
JLL Chicago Chart of the Week - September 14, 2015
 
Indianapolis JLL Employment Update September 2015
Indianapolis JLL Employment Update September 2015Indianapolis JLL Employment Update September 2015
Indianapolis JLL Employment Update September 2015
 
Chicago jll employment update september 2015
Chicago jll employment update september 2015Chicago jll employment update september 2015
Chicago jll employment update september 2015
 
JLL Cleveland Chart of the Week: September 7, 2015
JLL Cleveland Chart of the Week: September 7, 2015JLL Cleveland Chart of the Week: September 7, 2015
JLL Cleveland Chart of the Week: September 7, 2015
 
JLL Cleveland Chart of the Week: August 31, 2015
JLL Cleveland Chart of the Week: August 31, 2015JLL Cleveland Chart of the Week: August 31, 2015
JLL Cleveland Chart of the Week: August 31, 2015
 
JLL Columbus Chart of the Week: August 24, 2015
JLL Columbus Chart of the Week: August 24, 2015JLL Columbus Chart of the Week: August 24, 2015
JLL Columbus Chart of the Week: August 24, 2015
 
JLL Pittsburgh Chart of the Week: August 17, 2015
JLL Pittsburgh Chart of the Week: August 17, 2015JLL Pittsburgh Chart of the Week: August 17, 2015
JLL Pittsburgh Chart of the Week: August 17, 2015
 

Recently uploaded

Gurgaon Industrial Business Association.pdf
Gurgaon Industrial Business Association.pdfGurgaon Industrial Business Association.pdf
Gurgaon Industrial Business Association.pdf
jwhrsngh23
 
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
z5h13yqc
 
G+10 apartment 1- Sustainable apartment building.pdf
G+10 apartment 1- Sustainable apartment building.pdfG+10 apartment 1- Sustainable apartment building.pdf
G+10 apartment 1- Sustainable apartment building.pdf
hawifitumaed
 
Serviced Apartment Ho Chi Minh For Rental
Serviced Apartment Ho Chi Minh For RentalServiced Apartment Ho Chi Minh For Rental
Serviced Apartment Ho Chi Minh For Rental
GVRenting
 
Recent Trends Fueling The Surge in Farmhouse Demand in India
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaRecent Trends Fueling The Surge in Farmhouse Demand in India
Recent Trends Fueling The Surge in Farmhouse Demand in India
Farmland Bazaar
 
Victory by Maskeen Group Surrey Floor plans June 2024 PDF
Victory by Maskeen Group Surrey Floor plans June 2024 PDFVictory by Maskeen Group Surrey Floor plans June 2024 PDF
Victory by Maskeen Group Surrey Floor plans June 2024 PDF
VickyAulakh1
 
SVN Live 6.10.24 Weekly Property Broadcast
SVN Live 6.10.24 Weekly Property BroadcastSVN Live 6.10.24 Weekly Property Broadcast
SVN Live 6.10.24 Weekly Property Broadcast
SVN International Corp.
 
Things to Consider When Selling Your House - Summer 2024 Edition
Things to Consider When Selling Your House - Summer 2024 EditionThings to Consider When Selling Your House - Summer 2024 Edition
Things to Consider When Selling Your House - Summer 2024 Edition
Tom Blefko
 
Addis Bleaching Mixed use Apartment- Documentation 6.pdf
Addis Bleaching Mixed use Apartment- Documentation 6.pdfAddis Bleaching Mixed use Apartment- Documentation 6.pdf
Addis Bleaching Mixed use Apartment- Documentation 6.pdf
hawifitumaed
 
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
a7xjm8n4
 
Listing Turkey - Yeni Eyupevleri Istanbul
Listing Turkey - Yeni Eyupevleri IstanbulListing Turkey - Yeni Eyupevleri Istanbul
Listing Turkey - Yeni Eyupevleri Istanbul
Listing Turkey
 
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdfHollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
VickyAulakh1
 
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyAVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
Listing Turkey
 
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
olgashriki
 
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
knox groups real estate
 

Recently uploaded (15)

Gurgaon Industrial Business Association.pdf
Gurgaon Industrial Business Association.pdfGurgaon Industrial Business Association.pdf
Gurgaon Industrial Business Association.pdf
 
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
 
G+10 apartment 1- Sustainable apartment building.pdf
G+10 apartment 1- Sustainable apartment building.pdfG+10 apartment 1- Sustainable apartment building.pdf
G+10 apartment 1- Sustainable apartment building.pdf
 
Serviced Apartment Ho Chi Minh For Rental
Serviced Apartment Ho Chi Minh For RentalServiced Apartment Ho Chi Minh For Rental
Serviced Apartment Ho Chi Minh For Rental
 
Recent Trends Fueling The Surge in Farmhouse Demand in India
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaRecent Trends Fueling The Surge in Farmhouse Demand in India
Recent Trends Fueling The Surge in Farmhouse Demand in India
 
Victory by Maskeen Group Surrey Floor plans June 2024 PDF
Victory by Maskeen Group Surrey Floor plans June 2024 PDFVictory by Maskeen Group Surrey Floor plans June 2024 PDF
Victory by Maskeen Group Surrey Floor plans June 2024 PDF
 
SVN Live 6.10.24 Weekly Property Broadcast
SVN Live 6.10.24 Weekly Property BroadcastSVN Live 6.10.24 Weekly Property Broadcast
SVN Live 6.10.24 Weekly Property Broadcast
 
Things to Consider When Selling Your House - Summer 2024 Edition
Things to Consider When Selling Your House - Summer 2024 EditionThings to Consider When Selling Your House - Summer 2024 Edition
Things to Consider When Selling Your House - Summer 2024 Edition
 
Addis Bleaching Mixed use Apartment- Documentation 6.pdf
Addis Bleaching Mixed use Apartment- Documentation 6.pdfAddis Bleaching Mixed use Apartment- Documentation 6.pdf
Addis Bleaching Mixed use Apartment- Documentation 6.pdf
 
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
 
Listing Turkey - Yeni Eyupevleri Istanbul
Listing Turkey - Yeni Eyupevleri IstanbulListing Turkey - Yeni Eyupevleri Istanbul
Listing Turkey - Yeni Eyupevleri Istanbul
 
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdfHollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
 
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyAVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
 
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
 
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
 

JLL Pittsburgh Chart of the Week: August 24, 2015

  • 1. HaydenMaguire’s purchase sends a clear signal of investor interest Pittsburgh • Less than a year after securing e-commerce giant Amazon to a 252,000-square-foot lease, Rugby Realty sold the 560,000-square-foot warehouse building at 2250 Roswell Drive for nearly four times what it paid for it. Philadelphia-based HaydenMaguire Real Estate Funds purchased the building for $29 million or $52 per square foot. In terms of actual dollars, the sale represents the largest industrial sale in the region in quite some time. And for Rugby, it’s a major cash-out for a building it bought out of receivership for $7.4 million less than four years ago after it was left behind by the former furniture retailer Roomful Express. Source: JLL Research Chart of the week: August 24, 2015 $0 $20 $40 $60 $80 2011 2012 2013 2014 YTD 2015 Industrial sales activity (bubble size is relative to total sales price)$/SF