Category: Industrial
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Check out the fresh new look of the 1st Quarter 2017 Investment Newsletter
This edition of the Investment Newsletter contains 1st quarter 2017 market indicators, market statistics, sales transactions and an investor spotlight interview with Bill Hunt of the Elmhurst Group based in Pittsburgh, Pennsylvania. Click here to view the entire report.
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Colliers International | Pittsburgh Adds Four SIOR Awards to Repertoire
Colliers International | Pittsburgh won four awards at the Western Pennsylvania Chapter of the Society of Industrial and Office Realtors (SIOR) Annual Awards Luncheon last week at the Rivers Club. The awards presented by David Ruppersberger, President of the Pittsburgh Regional Alliance, honor the region’s top brokers and deals of 2016. Paul Horan, Founding Principal…
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Colliers International | Pittsburgh Hosts Colliers Regional Meeting at PNC Park
Commercial Real Estate professionals from several Colliers International offices convened in Pittsburgh last week for two days of networking, meetings, and presentations. The Pittsburgh Regional Alliance, Civil & Environmental Consultants, and Oxford Development sponsored this inaugural Colliers Regional Meeting at PNC Park. Brokers and service line leaders from Colliers International travelled from California, Connecticut, Illinois,…
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Q4 2014 Pittsburgh Industrial Market Report
Q4 2014 Static Finish to the Year The fourth quarter of 2014 finished without the anticipated flourish that it was trending toward. Vacancy actually crept up three basis points from 7.2% to 7.5% while absorption for the quarter experienced a negative 591,656 square feet. This is the largest negative quarter since 2009 and all others,…
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Q2 2014 Pittsburgh Industrial Market Report
Q2 2014 Pittsburgh Still Positive Although deal volume in the second quarter was not as robust as the first, activity remained brisk. The expectation is that the third quarter will bring more transactions from the tenants and buyers currently scouring the market. Scouring is the appropriate term given the only potential impediment to increased activity…
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Q1 2014 Industrial Market Report
Q1 2014 Off to a Good Start The first quarter of 2014 bodes well for the remainder of the year. The market is not only active, but deals are closing. This is welcome news given the fact that while the market has seen activity over the last four quarters, the actual transactions were often slow…
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Colliers International | Pittsburgh Brokers Honored at Annual SIOR Awards Luncheon
Several brokers from Colliers International | Pittsburgh received awards at the Western Pennsylvania Chapter Society of Industrial and Office Realtors (SIOR) annual awards luncheon on Wednesday, March 12, 2014 at the Rivers Club. The awards recognize both the top and most creative commercial real estate transactions in the greater Pittsburgh area completed in 2013. Paul…
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Q4 2013 Pittsburgh Industrial Market Report
Q4 Consistency Continues The fourth quarter of 2013 finished in much the same way it began and maintained throughout the year; solid if unspectacular growth. The vacancy rate fell from 7.9 percent in the third quarter to 7.7 percent in the fourth quarter and dropped three basis points in total over the course of the…
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Q3 2013 Pittsburgh Industrial Market Highlights
Pittsburgh Earns Reputation of Conservative Market The third quarter continued the trend established in the last several quarters. Slow and steady growth with a continuing decline in the vacancy rate – particularly among class A and B inventory. Deal activity witnessed a marginal increase resulting in a drop in overall vacancy from 8% to 7.9%.…
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Colliers International | Pittsburgh Announces the Sale of 109 Pleasant Drive, Aliquippa, PA
-Two buildings encompass approximately 19,500 SF- Colliers International | Pittsburgh is proud to announce the sale of the former corporate headquarters for Iron City Constructors located at 109 Pleasant Drive. The property was sold by MV Holdings for $1,300,000 to an undisclosed buyer. Anthony Pantoni, Vice President | Industrial Brokerage, and Luke Hingson, Investment Services…