Category Archives: Achievements

John Bilyak Wins Coveted Spot in Everest Club for Third Consecutive Year

2020 Everest Award

Congratulations to our very own John Bilyak for being inducted into the Everest Club for the third year in a row. The Everest Club is Colliers’ exclusive club for the nation’s top producing brokerage professionals.

Regional Principal Gregg Broujos Participates in his Sixteenth MS 150 Bike Ride

Every summer, the National Multiple Sclerosis Society holds their MS 150 Bike Ride which is the largest fundraising bike series in the world. According to the National MS Society website, nearly 75,000 cyclists and more than 6,000 teams ride together each year to raise money towards a cure for MS.

For the sixteenth straight year, Colliers International Pittsburgh Regional Principal, Gregg Broujos, participated in the 150 mile bike ride.

For the first time in the event’s history, the ride was virtual this year and gave riders the freedom to choose a trail of their liking. Broujos chose the Great Allegheny Passage from Cumberland, Maryland to Downtown Pittsburgh.

Colliers International Pittsburgh was able to raise just under $20,000 this year and Broujos has raised over $250,000 throughout his sixteen years of participation.

“The support that my family and the Colliers family has received over the years for this event is incredible,” said Broujos, “we cannot thank everyone enough.”

For more information about the MS 150 Bike Ride or to donate, please click here.

Colliers Pittsburgh Chit Chat with Lisa Mikolay

Paul Horan Serves as Panelist on “Coffee with CoreNet”

CoreNet, an organization with a mix of Corporate Real Estate Executives and service providers, hosts a monthly discussion within their Pittsburgh chapter, “Coffee with CoreNet,” a discussion of current real estate trends in the market.

During this month’s installment of “Coffee with CoreNet”, held yesterday August 18th, our very own Paul Horan (Principal | Office Brokerage) had the opportunity to serve as a panelist and provide his expertise on the current state of the Pittsburgh office market pre and post COVID 19. Horan, a founding member of CoreNet’s Pittsburgh chapter, has over 30 years of commercial real estate experience and specializes in leasing office product, representing both owners and tenants.

Yesterday’s presentation also featured Jeremy Waldrup, President & CEO of Pittsburgh Downtown Partnership as the moderator and Jim Winter, Senior Director of Corporate Services/Commercial Brokerage at Hanna Langholz Wilson Ellis as another panelist.

The discussion centered around the state of the Downtown Pittsburgh commercial real estate market and how working from home is impacting lease structure, rental rates, and marketing efforts.

“Going in to 2020 all of us here at Colliers International | Pittsburgh were positive about the market,” stated Horan, “Our team was projecting a lot of transactions and thankfully during the first quarter, we were able to successfully conclude a number of those.”

While leasing in submarkets such as the Central Business District have slowed, opportunities have emerged in suburban office submarkets.

“Companies that have a major presence in town have the opportunity to turn to suburban satellite offices, so employees do not have to rely on public transportation or sharing an elevator,” said Horan.

These trends coincide with what tenants are looking for during a time when a majority of their employees continue to work from home. However, Horan does not see this as a permanent trend and believes Pittsburgh’s CBD will bounce back, “Long term, Pittsburgh should fare well based on the diverse drivers of our economy continuing to flourish.”

To view this month’s full installment of “Coffee with CoreNet”, please click here.

For more information on CoreNet, please click here.