Author: Colliers | Pittsburgh
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Colliers International l Pittsburgh Rides to Fight Multiple Sclerosis
Gregg Broujos, Managing Director, David Thor, Principal and Justin Kline, Associate of Colliers International l Pittsburgh, participated in the 2015 Bike MS: Escape to the Lake, an annual fundraising event organized by the National Multiple Sclerosis Society, Pennsylvania Keystone Chapter. Along with over 1,000 other bike riders, Mr. Broujos, Mr. Thor and Mr. Kline pedaled…
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Colliers International | Pittsburgh Appoints Mamadou Baldé, Esq. to Vice President & In-House Counsel Office Brokerage
Colliers International | Pittsburgh, a leading provider of commercial real estate services in Western Pennsylvania, announced today that Mamadou Baldé, Esq. has joined the firm as Vice President & In-House Counsel to assist with the growth of the Office Brokerage practice. Born in Guinea, West Africa, Baldé immigrated to the United States as a child…
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OXFORD DEVELOPMENT COMPANY EXPANDS MARKETING EFFORTS FOR 350 FIFTH AVENUE
Partnership with Colliers International takes Project Nationwide Oxford Development Company today announced a partnership with Colliers International to expand the marketing of 350 Fifth Avenue. “Oxford has been working with potential clients in the Pittsburgh market for the lease up of 350 Fifth Avenue,” said Steven J. Guy, President and CEO. “We felt that it…
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Q1 2015 Pittsburgh Office Market Report
The first quarter of 2015 ended with an overall vacancy rate of 8.1% with net absorption totaling a positive 127,251 square feet for the quarter. Sublease space increased during this period ending with 307,784 square feet available. Rental rates finished up $19.84 representing a decrease of 4% adjusted for all classes of available space. The Class A office market…
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Q1 2015 Pittsburgh Investment Newsletter
OUR CRE WORLD IS FLAT: LEVEL OCCUPANCY RATES, DECLINING ASKING RATES – BUT HEY, WE’LL TAKE IT The OFFICE MARKET in the Pittsburgh MSA slipped from an overall vacancy rate of 8.0% in 4Q 2014 to the current 8.1% in 1Q 2015. This compared to a higher vacancy rate of 8.3% one year ago. Absorption in…
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Colliers International | Pittsburgh Honored with 2014 CoStar Power Broker Award
Colliers International | Pittsburgh has been selected by CoStar Group (NASDAQ: CSGP), commercial real estate’s leading independent research firm, to receive a CoStar Power Broker Award. This annual award recognizes the “best of the best” in commercial real estate brokerage by highlighting the U.S. firms and individual brokers who closed the highest transaction volumes in…
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Colliers International | Pittsburgh top award winner at Annual SIOR Awards Luncheon
The Western Pennsylvania Chapter of the Society of Industrial and Office Realtors (SIOR) honored several local commercial real estate brokers at their annual awards luncheon on Tuesday, March 31, 2015 at the Fairmont Hotel. Over 100 real estate professionals attended the event sponsored by Sampson Morris Group and Grant Street Associates – Cushman & Wakefield.…
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Global COO of Colliers International Calls on CRE Community in Rapid Urbanization Crisis
Dylan Taylor, Global COO of Colliers International recently posted an article to LinkedIn titled “The Rise of Megacities: Will It Be Our Finest Hour?”. The post focuses on the reality of accelerated urbanization and what the commercial real estate industry can do to better the world. Taylor calls upon the CRE community: “We all have…
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Q4 2014 Pittsburgh Investment Newsletter
RETAIL MOVE OVER! OFFICE MARKET SHINES IN 4TH QUARTER; INDUSTRIAL SOFTENS SLIGHTLY Office Market Sees Big New Construction Numbers The Office Market in the 4th quarter saw an 8.1% overall vacancy rate, improving from the 3rd quarter’s 8.4% rate, with a positive absorption rate of 868,224 SF. Better yet, the overall asking rate when from…
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