Greensburg building sold to Las Vegas company

June 14, 2018 by  

National New Builds, based in Las Vegas, and a part of the Vegas International Properties Realty Group, recently purchased the vacant Barclay-Westmoreland Trust Company building in Greensburg.

The building, which was last occupied by a branch of Citizens Bank that left in 2005, offers the new owners 12,000 square feet of space. National New Builds paid $100,000 for the bank building, which is located at the corner of Pittsburgh Street and South Main Street, and was built in 1928.

Previous owners had hoped to house a science museum in the building, but could not obtain the funding needed for the project, according to a story in Trib Total Media. For its part, National New Builds has revealed it is currently in discussion with potential tenants for the space. The building could house a brewpub, become a venue for special events, or be used by retailers. The article said there is a possibility the property may be leased out or resold.

Vegas International Properties Realty Group is a full-service company that buys and redevelops properties, as well as managing and leasing them. The company has access to all the types of property available, in both retail and commercial real estate.

Projects like this need to attract tenants, and owners could work with a brochure printing company to create illustrated brochures that use artists’ renderings to show the amenities the building will offer after redevelopment.