Chatham University has completed its $15.99 million purchase of the 250,000-square-foot Eichleay building on Penn Avenue in East Liberty and will occupy about 47,000 square feet of space with several graduate programs starting next summer.
The seller was Six 6585 Penn Avenue Associates LP, with George F. Eichleay, president, signing for the seller, according to a deed filed in Allegheny County.
About a dozen faculty members and about 400 graduate students will attend classes in interior architecture, landscape architecture, nursing, occupational therapy, physical therapy and physician assistant programs.
Three tenants in the building will remain, said Chatham spokesman Paul Kovach.They include Management Science Associates Inc., the largest tenant, he said.
"We are not under any pressure to leave, and we intend remaining at this location," said Dr. Alfred Kuehn, founder and president of Management Science.
Although he did not disclose when his lease expires in the building, Kuehn said he believes Chatham University may want to work with his company regarding the radio technology it provides.
The company, with about 700 employees at the Eichleay building, provides a radio network for sports and band concerts for about 200 high schools, broadcast over 32 radio stations and the Internet, allowing military personel in the Near East to keep in touch with their high school teams.
"Ninety-six percent of our business is outside the Pittsburgh area," Kuehn said.
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