Author: Colliers | Pittsburgh

  • Pittsburgh continues revitalization with several redevelopment initiatives

    Sources: Fifth Avenue Lofts, Pittsburgh Post Gazette, Fourth River Development, New York Times, Architectural Record It is a very exciting time to live, work and play in the Pittsburgh region.  With redevelopment projects slated for future construction, and sustainable improvements and investments in infrastructure, Pittsburgh is gaining notable recognition as a city with think forward strategies…

  • HDS Marketing Leases 34,000 SF in West Pittsburgh Business Park at 1000 Napor Boulevard

    HDS Marketing has leased 34,230 square feet at 1000 Napor Blvd. in Pittsburgh, PA. Occupancy is set for later in the first quarter of 2013.      +/- 26,000 SF remains available for lease. The original building was 190,000 SF with several out buildings, and was constructed in 1970. The Sampson Morris Group purchased the property and…

  • The Pittsburgh Market: 2012 Accolades and 2013 Honors

    Sources: Allegheny Conference on Community Development; Imagine Pittsburgh; National Geographic Traveler, Sperling’s BestPlaces; Brookings Institute; The Economist; Bloomberg Businessweek; The Fiscal Times; Pittsburgh Post-Gazette, Pittsburgh Business Times; Pittsburgh Post-Gazette Pittsburgh has a new and amazing year ahead of itself. Our reinvented economy is among the factors offering plenty to celebrate, as 2013 marks the 30…

  • 2012 in review

    The WordPress.com stats helper monkeys prepared a 2012 annual report for this blog. Here’s an excerpt: 600 people reached the top of Mt. Everest in 2012. This blog got about 5,700 views in 2012. If every person who reached the top of Mt. Everest viewed this blog, it would have taken 10 years to get…

  • Seasons Greetings from Colliers International | Pittsburgh

    From our family at Colliers International | Pittsburgh to yours, we wish everyone a wonderful holiday and very happy new year. Sources:  Pittsburgh Post-Gazette, National Retail Federation, Pittsburgh Business Times From the Pittsburgh Symphony Orchestra’s Holiday Pops concerts of holiday favorites, to dueling theatre shows at the Pittsburgh Musical Theater’s “A Lyrical Christmas Carol” and…

  • Q3 2012 Pittsburgh Investment Newsletter

    Source:  Colliers International | Pittsburgh Q3 2012 Pittsburgh Investment Newsletter The momentum of the Pittsburgh commercial real estate market continued during the third quarter of 2012 as all major asset classes experienced a vacancy rate compression. A strong local economy coupled with a growing population is the primary driver of the positive economic trend. Throughout…

  • Demand for Industrial Product Continues to Grow Steadily

    Source: Colliers International | Pittsburgh Q3 2012 Pittsburgh Industrial Market Report Pittsburgh’s lack of available industrial inventory in the region has caused demand to continue to grow. With short supply in sight, companies who are expanding or relocating to the region are looking to developers for build-to-suit and speculative construction plans. The Parkway West has…

  • Demand for Office Space is Excellent in Downtown Pittsburgh

    Sources:  Colliers International | Pittsburgh Q3 2012 Pittsburgh Office Market Report Pittsburgh office market performance continues to be strong, with an increased amount of activity and tenant movement. The office vacancy rate is steadily declining on a quarter over quarter basis, as Class A buildings continue to fill with new leases, expansions and renewals. Plans…

  • Pittsburgh is Stuffed with Thanksgiving Weekend Activities

    Sources:  Pittsburgh Post-Gazette, walkscore.com, National Retail Federation From benefits featuring live music and comedic entertainment, to the Steelers’ Six Super Bowl Trophies exhibit at the Senator John Heinz History Center, the Macy’s Holiday Parade, the annual Turkey Trot, and more, Thanksgiving weekend is stuffed with plenty of activities that the whole family can enjoy together.…

  • Sharpsburg Business Park maximizes site plan through innovative space reinvention

    Located in an Enterprise Zone, along the 23rd St. Extension near Route 28  and the Highland Park Bridge, and just 7 miles from downtown Pittsburgh, Sharpsburg Business Park features two (2) newly renovated buildings, which total 147,775-square-feet of flex/office space. Extensive renovation efforts created this business campus, which offers parking directly adjacent to both buildings,…