Category Archives: Landlord Representation
Click the link below to see what the Colliers International | Pittsburgh brokers are saying about the impact of COVID-19 on the Pittsburgh Commercial Real Estate Market.
Above left to right: Paul Horan, Edward Lawrence
On Monday, February 17th, Colliers International | Pittsburgh participated in the quarterly meeting of Pittsburgh Robotics Network in the current offices of Hebi Robotics, the Chocolate Factory in Lawrenceville.
Paul Horan and Edward Lawrence of the Colliers Pittsburgh Office Brokerage Team delivered a comparative overview of the office markets in Pittsburgh, Boston and Silicon Valley. The presentation also included non-real estate factors such as cost of living, crime rate and education, information that was provided by Patty Horvatich and the research team of the Pittsburgh Regional Alliance.
The event was well attended and marks one of the first such events for the relatively newly formed, Pittsburgh Robotics Network.
“The intellectual and creative firepower in the room was remarkable. Robotics and Artificial Intelligence are two areas that are fueling the Pittsburgh economy, stated Lawrence, “The comparative information that we presented demonstrated to the group of attendees that Pittsburgh is well positioned to foster their growth, particularly in areas such as rental and housing costs.”
For more information about the Pittsburgh Robotics Network, please click here.
Colliers International partnered with the Pittsburgh Technology Council for their Face2Face networking event. Pittsburgh Tech Council members mingled with local commercial real estate brokers at the event last night that was hosted by Tusk Development on the rooftop deck at Northern Light Tower.
In addition to networking, guests were able to enjoy catered hors d’oeuvres, dinner and desserts from Red Robin, while participating in a golf contest where the three highest scores were awarded a prize provided by Tusk.
In attendance were Colliers International’s agency team of Paul Horan and Edward Lawrence. They were able to take guests on tours of the available space throughout the evening.
“Northern Light Tower is the quintessential example of an industrial building that was transformed into creative loft office by a forward thinking developer like Tusk. Technology companies looking to leverage their office space to recruit and retain talent need look no further” said Lawrence.
Renovations are underway at 601 Grant Street in Downtown Pittsburgh. Updates to the 17-story office tower include construction of a tenant lounge, shared conference facility, fitness center and yoga studio. The main lobby of the building is also being completely remodeled, including installation of an enhanced security system.
Bridgeville-based RDC Design + Build in addition to Grandview Developers purchased the former Federal Home Loan Bank building in 2018, making it their first acquisition in Downtown Pittsburgh. Fresh off completing a 105,000 SF transaction at its newly constructed District 15 in the Strip District, RDC has now set its sights on revamping 601 Grant Street, which has since been rebranded as Tower 601.
RDC’s team including John Deklewa, Shawn Fox, in conjunction with co-owners Ed Dunlap, Beau Beemsterboer and Jeffrey Hallas (have committed to enhancing the existing facets of Tower 601, while adding exciting new amenities for its existing and prospective tenants.
(Tower 601 Lobby Renovation Renderings)
“Tower 601’s renovation and re-branding is a major part of the overall rejuvenation of the Grant Street corridor,” Beemsterboer states.
The leasing team of Paul Horan and Ed Lawrence from Colliers International | Pittsburgh believe that these updates will resonate well with tenants and brokers in the market and enhance their leasing efforts at the 163,616 square foot building, directly across from the U.S. Steel Tower.
“Our firm is excited to bring this newly transformed product to a strong Pittsburgh office market,” said Lawrence, “It provides a solid option to companies who are looking for a work environment to recruit and retain top talent in the region.”