Kids Day at Colliers Pittsburgh

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Colliers International | Pittsburgh welcomed three intelligent and creative children to the office for “Bring Your Son or Daughter to Work” day.

The day started with some tough ice breaker questions, such as: “if you could invent something for the future, what would it be?” and “if you could go anywhere on Earth where would you go?” Their vastly different, yet thought out answers was just the beginning of a wonderful work day.

Garrett, 7, wants to invent a robot suit, so that everyday people can be superheroes! He also wants to go to Florida to visit Legoland again. Ma’Noah, 8, wants to invent flying cars and go to Japan to eat sushi and meet the voices behind the Anime characters. Lizzie, 10, wants to find a way to end world hunger and dreams of going to Paris to see the Eiffel Tower.

The tables then turned when Garrett, Ma’Noah, and Lizzie got to ask the brokers and support staff questions in an office scavenger hunt. Next came a lesson in marketing from our Office Manager and mother of Lizzie, Lisa Mikolay. After discussing TV, digital and print forms of marketing, she showed the kids a brochure and asked them to draw their own versions and explain their reasoning.

After lunch several of the brokers presented their specialty in commercial real estate with the kids. Ed Lawrence, Principal, taught the kids the difference between a Tenant and a Landlord. Mamadou Balde, Vice President, walked them through the Tenant Representation process for finding a client new office space. Ray Orowetz, Vice President, discussed Industrial Brokerage and the different types of industrial product. Finally, Justin Kline, Vice President, gave pointers on how to sell a building. After each mini-presentation, the brokers quizzed the kids on their topic.

“My daughter, Lizzie has been coming to the office for Bring Your Son or Daughter to Work for the last 4 or 5 years, however this is the first year I heard her answering questions about commercial real estate,” Mikolay commented.  “She seems to have been paying close attention to the brokers that took the time to sit with the kids and give a brief overview of their different disciplines of commercial real estate.”

The last activity was to finally present the buildings they created to the office. Lizzie created a gymnastics studio with the slogan “Love our price, we’re so nice!” Ma’Noah drew a skyscraper with a “Lets Go Pens” banner. He also made it known that Spiderman lives there. Garrett designed a Mindcraft building with a giant cake as the roof. On top of the building you will find a very friendly Pikachu Batman character. Creativity is definitely a strong suit for all three kids!

“My son had an awesome day last week!” Exclaimed Lillian, Mom to Ma’Noah. “Our conversation on the way home from a long day at work was generally about the tall fascinating buildings downtown. Thank you to Gregg and Colliers International for allowing my son to have the experience.”

Colliers International Expands in Pittsburgh

“We have been affiliated with Colliers International for many years, so this is a natural next step for us which will enable us to expand our service offerings and further drive our growth,” said Gregg Broujos, Managing Director and Founding Principal of Colliers Pittsburgh. “By integrating into the Colliers global platform and leveraging its size, capital, established infrastructure and industry leadership, we look forward to taking our business to the next level.  We have Property Management and Valuation Advisory Services professionals in our office here in Pittsburgh, and our recruiting efforts will be helped enormously by this acquisition.”

For more information, read the full article here.

Colliers International | Pittsburgh Wins Western PA SIOR Award

SIOR AwardColliers International | Pittsburgh received the “Investment Sale of the Year, Industrial – Speculative” award from the Western Pennsylvania Chapter of the Society of Industrial and Office Realtors (SIOR) Annual Awards Luncheon last Thursday at the Rivers Club.  

Gregg Broujos, Managing Director & Founding Principal, John Bilyak, Principal, and Justin Kline, Associate, received the award for the sale of the 31st Street Studios that occurred in the last quarter of 2017. New York-based North River Pittsburgh I, LLC purchased the 238,000 SF multi-industrial complex in the Strip District for $14 Million. 

“As with any Special Purpose property, the success of a disposition can only happen when all parties work well together so that a “win-win” result is achieved,” Broujos said. “To that end, Colliers International had a great working relationship with the seller and their counsel, Lampl and Associates, the buyer and their counsel, Houston Harbaugh, and the many officials and attorneys involved throughout the court-approved sale process.” 

31st Street Studios was formerly owned and operated by Gateway Entertainment Studios and was home to many film and television productions including Dark Knight Rises, Jack Reacher, Fences, Southpaw and Concussion.  

Colliers International | Pittsburgh Sells 31st Street Studios for $14 Million

New York-based North River Pittsburgh I, LLC purchased 31st Street Studios, the largest sound stage between New York and Los Angeles, for $14 Million. The 238,000 square foot multi-industrial complex sits riverfront on 9.36 acres in Pittsburgh’s iconic Strip District.

“The sale of the 31st Street Studios property is yet another example of the high velocity of the Strip District commercial real estate market and brings yet another high quality investment firm to the Pittsburgh market,” said Gregg Broujos, Managing Director & Founding Principal of Colliers International | Pittsburgh, who served as the broker for the public auction.

In addition to Broujos, John Bilyak, Principal, and Justin Kline, Associate for Colliers International | Pittsburgh along with Robert O. Lampl Law Office, represented the seller, Gateway Entertainment Studios LP.

“It was a team effort, but Gregg was instrumental in getting the property sold,” said Ryan Cooney, Lawyer at Robert O. Lampl Law Office. “With a bankruptcy case, there are more moving parts than your typical transaction, and Gregg was able to communicate well with everyone involved.”

According to their website, 31st Street Studios is home to many film and television productions with Sony Pictures, Paramount, and Netflix. Past productions include Dark Knight Rises, Jack Reacher, Fences, Southpaw, and Concussion.

Broujos commends Chris Breakwell, President and CEO of Gateway Entertainment Studios, for the phenomenal job he has done with the movie studio.

“It brings in an incredible amount of economic activity to the Pittsburgh region, and we really owe him a debt of gratitude for his work over the years and into the future.”