Warrendale, Pa., American Eagle Outfitters, Inc. will relocate its Warrendale corporate headquarters to a new urban development in Pittsburgh. American Eagle has signed an agreement to purchase an existing 186,000-sq.-ft. building and adjacent land in the SouthSide Works, pending approval by the Urban Redevelopment Authority and subject to customary conditions. The building and land purchase price is approximately $21 million, not including additional construction and interior finishing costs.
“After several years of successful growth and expansion, we have simply outgrown our current facility,” said Jim O’Donnell, Chief Executive Officer of American Eagle Outfitters. “Additionally, our distribution and headquarters needs will increase as we pursue future growth initiatives, which include continued expansion of the AE brand, as well as the creation and launch of new retail concepts, including our new brand, Martin + Osa.”