A prominent Downtown skyscraper is on track to change hands before the end of the year in a sale that could indicate how the corridor’s struggling office market is faring on the road to recovery from the pandemic.

New York-based developer Cheskel Brach is in serious talks to purchase Liberty Center, the 27-story office tower that’s home to the investment management firm Federated Hermes, local real estate sources confirmed. Mr. Brach did not immediately respond to a request for comment.

CBRE Investment Management acquired the building for around $98 million in 2016 and put the building up for sale two years ago, listing it with Jones Lang LaSalle real estate firm’s Pittsburgh office.

Now, the office tower built at the tail end of a Downtown renaissance that transformed the city’s skyl

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