Month: February 2013
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Colliers International | Pittsburgh Pedals Together in Support of the Leukemia & Lymphoma Society Race to Anyplace 2013
In the spirit of community, Colliers International | Pittsburgh teamed up to raise funds for the 13th Annual Race to Anyplace stationary bike race to benefit the Leukemia & Lymphoma Society of Western PA and WV. Last year, over 80 teams from local businesses, health clubs, and the community raised more than $100,000 to fuel…
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Pittsburgh’s Overall Vacancy Rate Dips Below 8%
Source: Q4 2012 Pittsburgh Office Market Report During the fourth quarter of 2012, Pittsburgh’s overall office vacancy rate decreased to 7.9%, continuing an ongoing positive trend. Behind the stability of Pittsburgh’s banking sector, the strength of local health insurance companies and the under-the-radar growth of many high-tech companies, Pittsburgh continues to be one of the…
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Pittsburgh Enjoys Positive Industrial Absorption – Although Lack of New Class A Industrial Warehouse Product Still Remains
Source: Q4 2012 Colliers international | Pittsburgh Industrial Market Report Pittsburgh continued its pattern of ignoring national uncertainty during the final three months of 2012, and enjoyed another quarter of positive absorption. Unfortunately, the pattern also continued with the sluggish delivery of new Class A industrial warehouse product. Net absorption for the calendar year 2012…
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Colliers International | Pittsburgh Represents La Prima Espresso as Tenant
– Secures 4,000 SF building for relocation of roasting operation to the North Side – Colliers International | Pittsburgh is proud to announce that La Prima Espresso will be moving its roasting operation out of the Pennsylvania Railroad Fruit Auction and Sales building in the Strip District to a 4,000 square foot building located at…
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Q4 2012 Pittsburgh Investment Newsletter
Source: Colliers International | Pittsburgh While the global commercial real estate recovery remains uneven and very specific to geographic and asset class, commercial real estate continues to be a prime target for both institutional and private capital alike. Compared to the other primary investment vehicles, commercial real estate offers higher yields and, in many cases,…
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Colliers International | Pittsburgh is participating in Leukemia & Lymphoma Society Race to Anyplace
In the spirit of community, Colliers International | Pittsburgh is sponsoring a team to raise funds for the 13th Annual Race to Anyplace stationary bike race to benefit the Leukemia & Lymphoma Society of Western PA and WV. Last year, over 80 teams from local businesses, health clubs, and the community raised more than $100,000…
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Pittsburgh continues revitalization with several redevelopment initiatives
Sources: Fifth Avenue Lofts, Pittsburgh Post Gazette, Fourth River Development, New York Times, Architectural Record It is a very exciting time to live, work and play in the Pittsburgh region. With redevelopment projects slated for future construction, and sustainable improvements and investments in infrastructure, Pittsburgh is gaining notable recognition as a city with think forward strategies…
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