Category: Office
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Energy-Driven Markets Power Office Absorption
Sources: Colliers Office Market Report | USA, Allegheny Conference, Pittsburgh Tribune-Review, Pittsburgh Business Times, National Real Estate Investor The Energy industry has played a significant role in the economy’s gradual recovery, according to the new Colliers office market report, which shows that energy markets contributed a disproportionate percentage of total national office absorption in the…
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Gregg Broujos, Managing Director and Founding Principal at Colliers International | Pittsburgh addresses Pittsburgh’s Booming Office Market Activity in local news story
Source: Pittsburgh Tribune-Review, Low vacancies drive up rental rates The Pittsburgh Tribune-Review recently approached Gregg Broujos, Managing Director and Founding Principal at Colliers International | Pittsburgh, along with other local real estate experts, to weigh in on the trend of declining office vacancies in Downtown Pittsburgh and surrounding areas. “With Class A space Downtown at…
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December 2011: Pittsburgh Office Market Highlight
Source: Northeast Real Estate Business Magazine Contributed by Paul Horan, Founding Principal Colliers International | Pittsburgh These are exciting times for Pittsburgh’s Central Business District’s (CBD) office market. Pittsburgh’s CBD Class A office market is experiencing a very favorable vacancy rate of 7 percent. The high levels of occupancy have been driven by strong growth…
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Town Meeting – Economic Outlook 2012
Sources: Pittsburgh Post-Gazette, PNC Financial Services Group, Colliers International Q3 2011 Office North America Highlights On October 24th, at the Heinz History Center, the PNC Financial Services Group presented a Post-Gazette Town Meeting on the economic outlook for 2012. The discussion was moderated by Executive Editor David Shribman, and featured panelists Stuart G. Hoffman, chief economist…
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Colliers International | Pittsburgh Announces Headquarters Relocation
Colliers International | Pittsburgh is proud to announce that they have relocated to new corporate offices at Two Gateway Center, located at 603 Stanwix Street, Suite 125, in the central business district of Pittsburgh, Pennsylvania. Colliers International | Pittsburgh will continue to use their present telephone number 412 321 4200 and fax number 412 321 4400. …
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Pittsburgh Market Profile
Source: Medical Office Today The Pittsburgh market is segmented into four geographical areas – north, south, east and west – each with its own distinct characteristics. By far, the northern quadrant of the city has seen the greatest growth in population, jobs and commercial real estate development. The southern quadrant has seen some recent growth…
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Start a new business in Downtown Pittsburgh or expand an existing one
Join the Downtown Property Tour on September 21st Sources: CREW Pittsburgh, Pittsburgh Post-Gazette On Wednesday, September 21st, commercial real estate professionals and guests are invited to participate in a Downtown Property Tour through Pittsburgh. High-profile speakers, including City of Pittsburgh Mayor, Luke Ravenstahl, will be in attendance to speak with more than 150 business leaders about…
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Broad Street selected as venue for 2-day VIA Music & New Media Festival
Broad Street, centrally located in East Liberty, in the East End of Pittsburgh, is preparing to experience the second annual VIA Music & New Media Festival, on Friday October 7th and Saturday October 8th. The 2-day event will cover the entire city block of Broad Street, transforming it into an arts and nightlife district, with…
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Class A Warehouse/Flex Building Leasing Opportunity in RIDC Industrial Park, O’hara Township
Colliers International | Pittsburgh is pleased to announce the availability of 58,000 +/- square feet in the 330,725 square foot Class A warehouse/flex building located at 615 Alpha Drive, RIDC Industrial Park, O’Hara Township, PA 15238. The Building was purchased by McKnight Realty Partners in 2008 and after undergoing a complete renovation was the award winner in…
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Pittsburgh Region Outperforms Benchmark Cities, National Average
Source: Pittsburgh Regional Alliance (PRA) The Pittsburgh region has enjoyed the distinction of consistently performing better than its benchmark cities and the national average despite some of the worst economic conditions since the Great Depression.