Business

SomeraRoad announces the sale of the Flats at SouthSide Works portion of master plan

By Tim Schooley – Reporter, Pittsburgh Business Times
Southside Works A component of the SouthSide Works called the Flats at SouthSide Works has been sold by SomeraRoad. (JIM HARRIS / PBT)
By Tim Schooley – Reporter, Pittsburgh Business Times

PITTSBURGH — The commercial core of the SouthSide Works is set to have more than one owner for the first time in its nearly 20-year history.

SomeraRoad, an investment firm which bought the complex as a distressed asset before the pandemic, announced on LinkedIn that it has sold the Flats at SouthSide Works, a component of the larger master plan that fronts on the corner East Carson and 27th Street and is set to get a new Rite-Aid store.

The entire property extends a block in each direction from the busy corner and includes other retail as well as 83 apartments above.

Click here to read more from the Pittsburgh Business Times.

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