Category: Landlord Representation
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OXFORD DEVELOPMENT COMPANY EXPANDS MARKETING EFFORTS FOR 350 FIFTH AVENUE
Partnership with Colliers International takes Project Nationwide Oxford Development Company today announced a partnership with Colliers International to expand the marketing of 350 Fifth Avenue. “Oxford has been working with potential clients in the Pittsburgh market for the lease up of 350 Fifth Avenue,” said Steven J. Guy, President and CEO. “We felt that it…
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Q3 2014 Office Market Report
The Pittsburgh office market continued its steady growth during the third quarter with increased absorption and an unchanged vacancy rate of 8.4%. The average asking lease rate was up over last quarter to $19.97 per square foot, an increase of 0.7%. Class “A” space continues to be in strong demand, especially in the CBD where the vacancy rate…
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Colliers International | Pittsburgh Selected As Exclusive Leasing Agent for Parkway Center Buildings
New Ownership Group to Make Substantial Capital Investment to Seven of Eleven Buildings in Greentree Office Complex Market Street Real Estate Partners and JDI Realty has announced the selection of full service brokerage firm Colliers International | Pittsburgh as exclusive leasing agent for the group’s newly acquired assets, Buildings One, Two, Four, Six, Seven, Nine and…
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Q1 2014 Office Market Report
Activity in the office leasing market in Pittsburgh leveled off in the first quarter of 2014, but overall the market performance continues to exceed typical expectations for the region. The overall office vacancy rate in the region is up slightly to 8.3 percent from 8.1 percent at the end of 2013, while Class A office space in the CBD…
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Colliers International | Pittsburgh Announces Elmhurst Group’s Breaking Ground on Schenley Place
Elmhurst Group broke ground December 6, 2013 on Schenley Place, a 105,000 square foot “Class A” office building with seven stories and three levels of underground parking. Schenley Place is located on Bayard Street and Ruskin Avenue in Oakland. Elmhurst Group signed a long-term land lease with First Baptist Church of Pittsburgh for this project, which is…
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Colliers International | Pittsburgh Announces the Gateway Center Complex’s Leasing Activity
-The leasing activity at Gateway Center Complex remains strong with new & existing tenants– Pittsburgh, PA, October 16, 2013 – Colliers International | Pittsburgh is pleased to announce that leases have been signed with six new tenants in the past five months at the Gateway Center Complex. The new tenants include Pittsburgh Human Resources Association, LM Machinery…
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Colliers International | Pittsburgh Announces 10,000 SF Lease at 6024 Broad Street
– Alphalab Gear, a program of Innovation Works, Secures 10,000 SF of Office Space at 6024 Broad St. – Colliers International | Pittsburgh is proud to announce the lease of office space located at 6024 Broad Street in East Liberty. Alphalab Gear, a program of Innovation Works, leased a 10,000 SF office space. Paul Horan, Founding Principal, and…
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Colliers International | Pittsburgh Founding Principal Recognized as Everest Club Member
Founding Principal Paul Horan of Colliers International | Pittsburgh has been recognized as an Everest Club Member for top performance in 2013. This is the third year in a row Horan received the award. The Everest Club highlights the top 10% of all Colliers International agents in Canada, Latin America and the United States based on…
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Q2 2013 Pittsburgh Office Market Report
The Pittsburgh market continued to outpace the national average in the second quarter of 2013 as the overall office vacancy decreased 0.1% to 8.0% compared to 17.0% nationally. Despite an average rental rate increase of $0.15 to $18.63 in the market, Pittsburgh remains a value to businesses in comparison to the nationwide average rental rate…
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Colliers International | Pittsburgh Successfully Leases the Farmer’s Mutual Insurance Building
The 6,960 SF Retail Building Located on Perry Highway in Wexford is now Fully Leased Colliers International | Pittsburgh is pleased to announce the successful leasing assignment of the Farmer’s Mutual Insurance Building located at 10925 Perry Highway in Wexford, PA. Paul Horan, Founding Principal, and Jessica Jarosz, Vice President at Colliers International | Pittsburgh,…