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Spear Street pushing forward for redevelopment of Sears Outlet in Lawrenceville

By Tim Schooley  – Reporter, Pittsburgh Business Times

The Sears Outlet store at 27 51st Street in Lawrenceville. Spear Street Capital, the building's new owner, expects the Sears store to close next summer as the company pursued a new office-and-research redevelopment of the site.

By Tim Schooley  – Reporter, Pittsburgh Business Times

PITTSBURGH — Spear Street Capital is the new owner of the huge warehouse property at 27 51st Street along more than 14 acres of Lawrenceville riverfront.

The Sears Outlet that occupied it for decades is expected to close by next summer.

And a new office and research hub is expected to soon be redeveloped out of the 70-year-old building's more than 300,000 square feet of space.

Read more in the Pittsburgh Business Times.

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