Press Releases
Marcus & Millichap Facilitates $10.6 Million Sale of ALDI-Anchored Retail Center in Pittsburgh Area
July 16, 2025
BRIDGEVILLE, Pa., July 16, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of The Crossings at South Fayette, a 38,203-square-foot ALDI-anchored shopping center in the Pittsburgh suburb of Bridgeville, Pennsylvania, for $10,565,897.
“We congratulate the buyer and seller for seeing through this transaction. The purchase agreement was executed over a year before the sale closed due to various unforeseen complexities which were resolved,” said Dean Zang, executive managing director investments. “This property is unique. While grocery-anchored, it also appealed to the large pool of unanchored buyers in the market. Ultimately, its purchaser saw immense value in the pre-parcelized nature of the project.”
Zang, along with David Crotts, managing director investments, exclusively marketed the property on behalf of the seller, a local family who redeveloped the site after previously occupying it as a user. Zang and Crotts also procured the buyer, The Niki Group of San Diego, in association with Timothy Stephenson Jr., Marcus & Millichap’s broker of record in Pennsylvania.
The Crossings at South Fayette, located at the intersection of Route 50 and Washington Pike, is immediately off Interstate 79. The property includes a freestanding ALDI, a two-tenant strip occupied by Starbucks and Chipotle with a drive-thru, and a multi-tenant strip at the rear of the parcel housing Sola Salon Studios, Jimmy John’s, Elevation Medical Weight Loss, Brentwood Bank and Radiance at Fluhme.
The site benefits from more than 52,000 vehicles per day along Washington Pike and Route 50 and serves a dense, affluent population with an average household income exceeding $136,000 within three miles.
“We congratulate the buyer and seller for seeing through this transaction. The purchase agreement was executed over a year before the sale closed due to various unforeseen complexities which were resolved,” said Dean Zang, executive managing director investments. “This property is unique. While grocery-anchored, it also appealed to the large pool of unanchored buyers in the market. Ultimately, its purchaser saw immense value in the pre-parcelized nature of the project.”
Zang, along with David Crotts, managing director investments, exclusively marketed the property on behalf of the seller, a local family who redeveloped the site after previously occupying it as a user. Zang and Crotts also procured the buyer, The Niki Group of San Diego, in association with Timothy Stephenson Jr., Marcus & Millichap’s broker of record in Pennsylvania.
The Crossings at South Fayette, located at the intersection of Route 50 and Washington Pike, is immediately off Interstate 79. The property includes a freestanding ALDI, a two-tenant strip occupied by Starbucks and Chipotle with a drive-thru, and a multi-tenant strip at the rear of the parcel housing Sola Salon Studios, Jimmy John’s, Elevation Medical Weight Loss, Brentwood Bank and Radiance at Fluhme.
The site benefits from more than 52,000 vehicles per day along Washington Pike and Route 50 and serves a dense, affluent population with an average household income exceeding $136,000 within three miles.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
