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Prizio Enterprises Buys 2566 Duncan

Grand Avenue Holdings Sold Allison Park Building
By Andrew Wellman
January 2, 2003 | 8:33 P.M.

Prizio Enterprises purchased the 8,000-square-foot, Class-B, office building at 2566 Duncan Ave. in Allison Park, PA. Grand Avenue Holdings Inc. sold the building for $420,000 on Dec. 30, 2002. The building is fully leased by two long-term tenants. The cap rate at time of sale was roughly 10%. Denis Ranalli from Coldwell Banker was the broker that handled the sale of the property.

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