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.”
Pittsburgh No. 3 among corporate facility rankings
Sources: Pittsburgh Business Times, Site Selection Magazine
Site Selection magazine’s roster of the nation’s top metro areas for new or expanded corporate facilities shows Pittsburgh climbing the ranks, from eighth the previous year, to third place in 2011.
The magazine’s ranking counted 141 new corporate facilities in the region in 2011. The activity was enough to place Pittsburgh as No. 1 among large metro markets in the Northeast.
In response to the ranking, the Pittsburgh Business Times reports that Dewitt Peart, president of the Pittsburgh Regional Alliance, said “the strength of the Pittsburgh region’s real estate market has led to increased investment and there are opportunities for more.”
To build its rankings, the magazine counted real estate projects costing at least $1 million, or involving at least 50 new jobs or at least 20,000 square feet of new space.
Children learn the cool factor in CRE Amenities at Colliers International | Pittsburgh Kid’s Day
Getting Down to Business at Kids Day
Amenities seems like a pretty big word for kids ages 4-13 to comprehend. But in simple terms, amenities can be explained as the elements that make a building, an office space and its location cool. Future commercial real estate professionals got a firsthand look at some of the day-to-day operations at Colliers International | Pittsburgh, while spending time with their parents and learning the cool factor in commercial real estate in celebration of “Bring Your Child to Work Day 2012″ on April 26th.
Children of Colliers International | Pittsburgh employees started their day with a meeting in the executive conference room, where they were greeted by the Colliers International | Pittsburgh administrative staff who explained what amenities are, and why they are attractive to prospective tenant’s looking for office space for sale or lease.
Post-recession job rankings rule in favor of Texas and Pittsburgh
Source: The Business Journals
Post-recession job rankings have ruled in favor of both Texas and Pittsburgh. The Business Journals recently reported Pittsburgh has added 10,500 private-sector jobs since early 2008, putting it with Houston (up 49,500) and Austin (up 29,600) in the exclusive club of major markets with four-year gains of 10,000 jobs or more.
“These statistics prove what we already know, Pittsburgh is a phenomenal place to conduct business,” said Patrick Sentner SIOR, Founding Principal at Colliers International | Pittsburgh.
“Certainly this type of job growth, along with continued growth in real GDP, and increases in corporate profits, will drive the U.S. recovery from the 2008 financial disasters,” added Gregg Broujos, Managing Director and Founding Principal at Colliers International | Pittsburgh.
