Pittsburgh Pipe will move this fall from its longtime headquarters on the north Mississippi riverfront to a larger building it bought on Hampton Avenue for $675,000.
Commercial real estate firm Hilliker Corp. represented Pittsburgh Pipe and the Hampton property’s seller, Kroner Investments LLC, in the transaction, which closed March 10.
Pittsburgh Pipe manufactures and distributes steel casing pipe, polyethylene innerduct for utilities and other pipe products. The company will move from a 5,300-square-foot space at 170 Humboldt Ave. on the north riverfront to the 13,000-square-foot building at 2331 Hampton Ave. in St. Louis’ Clifton Heights neighborhood by Sept. 1 after renovation work on the Hampton site is complete.
CEO Joe Bergfeld estimates renovation costs to be about $200,000. The Hampton building previously held medical offices.
Pittsburgh Pipe had been in its current headquarters for 30 years, Bergfeld said. The company has listed the property for sale with Hilliker, asking nearly $1.3 million, he told the Business Journal.
Pittsburgh Pipe, founded in 1977, has 65 employees across its three locations: St. Louis and Buffalo, Missouri, and Litchfield, Illinois. Bergfeld said he plans to hire 25 employees over the next two years to add to his sales, purchasing, administration and finance departments.
The company’s new Hampton Avenue headquarters will serve as office space for Pittsburgh Pipe’s sales, administration and executive staff.