Next Tier Connect has acquired the 505,000 square-foot mixed-use campus in Monroeville that served as the former Westinghouse Nuclear headquarters. The property is the first acquisition by Next Tier Connect, which was formed to focus on acquiring, optimizing and managing a national portfolio of properties.
The Monroeville property will be repositioned and re-branded as “Next Tier Connect – Pittsburgh East.” The property is currently leased to several Fortune 500 companies for office, call center, business continuity and data center spaces.
Next Tier Connect is an investment partnership between Next Tier HD and RedBird Capital Partners. New York-based Next Tier HD focuses on mission critical real estate and data centers. RedBird is a principal investment firm based in New York and Dallas that focuses on providing long-term capital to help entrepreneurs grow their businesses. Since its inception in 2014, RedBird has led over $2 billion of equity and co-investments.