Category: Industrial
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Q2 2013 Industrial Market Report
Market Remains Sluggish Through Q2 Pent Up Demand Should Make For An Active Q3 & Q4 Although there continues to be activity in the market the actual deals are few and far between. This makes two consecutive quarters where the Pittsburgh Market has yielded few transactions of significance. In fact, if you strip away the…
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La Prima Espresso’s Roasting Operation Relocation Helps Energize Pittsburgh’s North Side
Source: Pittsburgh Post Gazette, La Prima Espresso The relocation of La Prima Espresso’s roasting operation to 1500 Chateau Street in Manchester on the North Side has been welcomed with open arms and valued by community leaders for their investment. Since their relocation from the Pennsylvania Railroad Fruit Auction and Sales building in the Strip District…
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Colliers International | Pittsburgh Assigned as Exclusive Listing Agent for 102 Park Road
-Warehouse totaling 25,995 SF available in Cranberry Township– Colliers International | Pittsburgh is pleased to announce that it has been assigned as the exclusive listing agent for the sale of 102 Park Road in Cranberry Township. Patrick Tracy SIOR, Vice President of Industrial Brokerage and Anthony Pantoni, Industrial Services Specialist at Colliers International | Pittsburgh…
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Colliers International | Pittsburgh Brokers Honored at the Western Pennsylvania Chapter SIOR Awards Luncheon
Colliers Brokers Receive Top Honors in Several Award Categories for 2012 Deals of the Year from the Society of Industrial and Office Realtors (SIOR) Colliers International | Pittsburgh is pleased to announce that it has received several top honors in multiple commercial real estate categories at the annual Western Pennsylvania Chapter SIOR Luncheon, held Wednesday, May…
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Q1 2013 Pittsburgh Industrial Market Report
Slow Start to 1st Quarter 2013 It’s a marathon, not a sprint – We hope! The Pittsburgh Industrial Market got off to a slow start coming out of the gate in 2013. The 1st Quarter saw very few transactions of significance as buyers and tenants consider the impact of a soft economy, and lingering concerns…
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Pittsburgh Enjoys Positive Industrial Absorption – Although Lack of New Class A Industrial Warehouse Product Still Remains
Source: Q4 2012 Colliers international | Pittsburgh Industrial Market Report Pittsburgh continued its pattern of ignoring national uncertainty during the final three months of 2012, and enjoyed another quarter of positive absorption. Unfortunately, the pattern also continued with the sluggish delivery of new Class A industrial warehouse product. Net absorption for the calendar year 2012…
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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…
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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…
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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,…
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Newly Renovated Flex Space Available For Lease at Lockamp Plaza on Babcock Blvd.
Colliers International | Pittsburgh is representing newly renovated flex space for lease at Lockamp Plaza. Up to 15,000 SF of newly renovated flex space is available in the warehouse/showroom/flex building located at 3221 Babcock Boulevard in Pittsburgh. Principal, John Bilyak SIOR, CCIM, and Associate, Jessica Jarosz, of Colliers International | Pittsburgh, are representing the property. The property is…
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