Category: Investment
-
Colliers International | Pittsburgh Sells 31st Street Studios for $14 Million
New York-based North River Pittsburgh I, LLC purchased 31st Street Studios, the largest sound stage between New York and Los Angeles, for $14 Million. The 238,000 square foot multi-industrial complex sits riverfront on 9.36 acres in Pittsburgh’s iconic Strip District. “The sale of the 31st Street Studios property is yet another example of the high…
-
Justin Kline Completes Leadership Pittsburgh’s Leadership Development Initiative (LDI)
Justin Kline, Investment Sales Associate at Colliers International | Pittsburgh, recently graduated from the Leadership Pittsburgh LDI Class XXIV. Kline, alongside the 50 members in his cohort, completed 31 credits in leadership sessions and activities, participated in an overnight retreat and implemented community impact projects over the course of 9 months. According to the Leadership Pittsburgh…
-
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.
-
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…
-
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,…
-
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…
-
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…
-
Colliers International | Pittsburgh Adds Justin Kline to Investment Services Team
Justin Kline joins Colliers International | Pittsburgh as an Associate with the Investment Services team. He will aid clients in the acquisition and disposition of income producing properties; including office, industrial, retail, and multifamily assets. Justin will also be heavily involved in the sale of owner-occupier buildings, vacant land, and value-add properties. Prior to joining…
-
Colliers International | Pittsburgh Announces The Sale of Parkway Center – Buildings One, Two, Four, Six, Seven, Nine and Ten
Colliers International | Pittsburgh is proud to announce the sale of an office complex portfolio and garage located at Parkway Center – Buildings One, Two, Four, Six, Seven, Nine, and Ten in the Parkway West Corridor. The 622,771 SF office complex, situated on 20+ acres, was sold by GPA and GPA II to PWC Pitt, LLC., lead…
-
Q4 2013 Pittsburgh Investment Newsletter
Family Office (FO) Commercial Real Estate Services This article is the first of a series that presents various aspects of real estate investment from a comprehensive wealth management perspective. Various relevant topics will include basic real estate asset-class investment characteristics, varying inflation hedging capabilities of public vs. private real estate investments, the market composition of…
Colliers' Pittsburgh Office 