Category Archives: Retail
High-Tech Firms, New Development Eyeing East Liberty
Sources: Pittsburgh Magazine; Details.com; CBS Pittsburgh 
East Liberty is emerging as a promising location for businesses catering to the advanced technology industry. Located within a few miles of Oakland’s university community, and even closer to the upscale residential districts of Shadyside and Highland Park, East Liberty has a flourishing start-up scene, and is poised to become a hotbed for Pittsburgh’s high-tech community.
“As a resident of the East End, I witness East Liberty’s transformation every day,” said Gregg Broujos, managing director and founding principal at Colliers International | Pittsburgh. “The energy and vibe that you get in the East End is really incredible. You have to spend some time in East Liberty to truly appreciate how far it has come.”
Colliers International | Pittsburgh Announces Brad Kelly appointed as Director of Retail Services
Brad Kelly, Director of Retail Services | Pittsburgh
Colliers International | Pittsburgh is pleased to announce that Brad Kelly has joined the firm as Director of Retail Services. His responsibilities include all aspects of retail leasing, sale and development, as both a tenant and landlord representative.
“We have now bolstered our retail capabilities with Brad on board. The combination of Brad and Colliers International’s premier retail service platform gives our clients the ability to realize their goals more quickly and more economically,” said Gregg Broujos, managing director and founding principal at Colliers International Pittsburgh. “His appointment as Director of Retail Services is another example of Colliers International l Pittsburgh accelerating success for our clients.”
East Liberty Restaurant Tenant Activity on the Rise
Source: Post-Gazette.com
Hungry for retail tenants, East Liberty is placing orders, and Chef Kevin Sousa is serving up barbecue and dogs.
This makes Kevin Sousa doubly committed to East Liberty. While finalizing plans for Union Pig and Chicken, a Western Pennsylvania-style barbecue restaurant on North Highland Avenue, which was leased to Sousa by Colliers International | Pittsburgh in October, Post-Gazette.com reports he became interested in another vacant property. In partnership with his brother, Tom Sousa, and Jay Fanelli, his new venture, Station Street Hot Dogs, was announced by Sousa on Twitter. The restaurant, which seats about 65 people, will offer counter service, except for one table in the kitchen that will be able to be reserved. An adjoining lot offers ample parking, and outdoor seating will be available in warmer months.
“Kevin’s continued expansion in East Liberty is a testament to the corridor’s unbelievable transformation and Kevin’s commitment to Pittsburgh,” said Gregg Broujos, managing director and founding principal at Colliers International | Pittsburgh. “Our firm’s clients who maintain holdings in East Liberty will be able to build off of the momentum from strong restaurant activity in the neighborhood.”
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Black Friday Shines, Small Business Saturday a Success and Cyber Monday Soars
Sources: National Retail Federation, TechFlash.com, Wall Street Journal, American Express
Consumers who gobbled up great deals holiday shopping on Black Friday, Small Business Saturday and Cyber Monday helped secure a spot in the record books, with traffic and spending up both online and in stores, reaching historic highs. According to the National Retail Federation survey conducted by BIGresearch over the weekend, Thanksgiving and Black Friday spending reached a record $52 Billion and Thanksgiving Day early bird shoppers were the highest in survey history. A record 226 million shoppers visited stores and websites over Black Friday weekend, up from 212 million last year. The average holiday shopper spent $398.62 this weekend, up from $365.34 last year. Additionally, shoppers also checked out retailers’ deals online, spending an average of $150.53 on the web – 37.8 percent of their total weekend spending.
“While online shopping has shown to be more popular,” said Gregg Broujos, Founding Principal at Colliers International | Pittsburgh, “we are definitely seeing an increase in interest from bricks and mortar retailers.”
