Category: Office
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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 Office Market Report
Pittsburgh’s Office Market Continues to Tighten With the rest of the country’s real estate portfolio just beginning to recover, the Pittsburgh office market has seen unprecedented success in terms of its vacancy rate. The overall vacancy rate for the market, at 8.1 percent, is one of the lowest in the country, but only begins to…
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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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Q3 2013 Pittsburgh Office Market Highlights
Pittsburgh’s Office Market Strength Continues The market for office space in downtown Pittsburgh and its surrounding suburbs remains as vibrant and tight as ever. At 91.9%, the overall occupancy rate certainly surpasses the national average of just over 88%, and rental rates have climbed to $18.84 per square foot. Development continues to surge as well,…
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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 brokers attend ULI event at new Highmark Stadium
Sources: Urban Land Institute Pittsburgh, Highmark Stadium, Urban Redevelopment Authority of Pittsburgh Gregg Broujos, Managing Director and Founding Principal, David Bivens, Office Brokerage Specialist, and Luke Hingson, Investment Services Specialist at Colliers International | Pittsburgh attended the Urban Land Institute’s (ULI) Young Leaders Group (YLG) Riverhounds and New Market Tax Credits event at the new Highmark…
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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,…
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