
Happy Spring, Pittsburgh! We’ve compiled data from the first 3 months of 2024 in our Q1 reports, featuring market data and insights from Pittsburgh’s office, industrial, retail, and now multifamily scene. The regional office sector showed an increase in tenant activity as well as overall absorption, the industrial market displayed low vacancies and an overall increase in lease rates, the local retail sector powered through despite a dip in absorption rates, and the multifamily market saw an increase in units and net absorption.
Interested in reading more? Every quarter our firm assembles market reports on regional developments, notable transactions, market indicators and statistics. Please review our most recent collection of Office, Industrial, Retail, and Multifamily reports for more comprehensive data.
🏢 Click here for the Q1 2024 Office Report.
🏭 Click here for the Q1 2024 Industrial Report.
🏪 Click here for the Q1 2024 Retail Report.
🏠 Click here for the Q1 2024 Multifamily Report.
About Colliers
Colliers is a leading diversified professional services and investment management company. With operations in 67 countries, our more than 17,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $4.1 billion and $45 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.