Category Archives: Pittsburgh

Colliers Pittsburgh Chit Chat: Mamadou Baldé

Kids Day at Colliers Pittsburgh

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Colliers International | Pittsburgh welcomed three intelligent and creative children to the office for “Bring Your Son or Daughter to Work” day.

The day started with some tough ice breaker questions, such as: “if you could invent something for the future, what would it be?” and “if you could go anywhere on Earth where would you go?” Their vastly different, yet thought out answers was just the beginning of a wonderful work day.

Garrett, 7, wants to invent a robot suit, so that everyday people can be superheroes! He also wants to go to Florida to visit Legoland again. Ma’Noah, 8, wants to invent flying cars and go to Japan to eat sushi and meet the voices behind the Anime characters. Lizzie, 10, wants to find a way to end world hunger and dreams of going to Paris to see the Eiffel Tower.

The tables then turned when Garrett, Ma’Noah, and Lizzie got to ask the brokers and support staff questions in an office scavenger hunt. Next came a lesson in marketing from our Office Manager and mother of Lizzie, Lisa Mikolay. After discussing TV, digital and print forms of marketing, she showed the kids a brochure and asked them to draw their own versions and explain their reasoning.

After lunch several of the brokers presented their specialty in commercial real estate with the kids. Ed Lawrence, Principal, taught the kids the difference between a Tenant and a Landlord. Mamadou Balde, Vice President, walked them through the Tenant Representation process for finding a client new office space. Ray Orowetz, Vice President, discussed Industrial Brokerage and the different types of industrial product. Finally, Justin Kline, Vice President, gave pointers on how to sell a building. After each mini-presentation, the brokers quizzed the kids on their topic.

“My daughter, Lizzie has been coming to the office for Bring Your Son or Daughter to Work for the last 4 or 5 years, however this is the first year I heard her answering questions about commercial real estate,” Mikolay commented.  “She seems to have been paying close attention to the brokers that took the time to sit with the kids and give a brief overview of their different disciplines of commercial real estate.”

The last activity was to finally present the buildings they created to the office. Lizzie created a gymnastics studio with the slogan “Love our price, we’re so nice!” Ma’Noah drew a skyscraper with a “Lets Go Pens” banner. He also made it known that Spiderman lives there. Garrett designed a Mindcraft building with a giant cake as the roof. On top of the building you will find a very friendly Pikachu Batman character. Creativity is definitely a strong suit for all three kids!

“My son had an awesome day last week!” Exclaimed Lillian, Mom to Ma’Noah. “Our conversation on the way home from a long day at work was generally about the tall fascinating buildings downtown. Thank you to Gregg and Colliers International for allowing my son to have the experience.”

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 velocity of the Strip District commercial real estate market and brings yet another high quality investment firm to the Pittsburgh market,” said Gregg Broujos, Managing Director & Founding Principal of Colliers International | Pittsburgh, who served as the broker for the public auction.

In addition to Broujos, John Bilyak, Principal, and Justin Kline, Associate for Colliers International | Pittsburgh along with Robert O. Lampl Law Office, represented the seller, Gateway Entertainment Studios LP.

“It was a team effort, but Gregg was instrumental in getting the property sold,” said Ryan Cooney, Lawyer at Robert O. Lampl Law Office. “With a bankruptcy case, there are more moving parts than your typical transaction, and Gregg was able to communicate well with everyone involved.”

According to their website, 31st Street Studios is home to many film and television productions with Sony Pictures, Paramount, and Netflix. Past productions include Dark Knight Rises, Jack Reacher, Fences, Southpaw, and Concussion.

Broujos commends Chris Breakwell, President and CEO of Gateway Entertainment Studios, for the phenomenal job he has done with the movie studio.

“It brings in an incredible amount of economic activity to the Pittsburgh region, and we really owe him a debt of gratitude for his work over the years and into the future.”

Broujos Gets Soaked for ALS

What is the best way to spend your lunch hour during the work week? Running errands, trying out a new restaurant, or watching your boss get soaked on purpose? Definitely the latter of the three!

Our office was able to experience this first hand last Thursday as our Managing Director and Founding Principal, Gregg Broujos, participated in the CEO Soak to raise funds for the ALS Association of Western Pennsylvania Chapter. Alongside a dozen other Pittsburgh CEOs, Broujos volunteered to stand in the PPG Place fountains as they went off for one minute.

“Colliers International was proud to participate in the inaugural CEO Soak to assist in the fight against ALS,” Broujos said. “Mike Daniels and the ALS Association / Western Pennsylvania Chapter did an incredible job of organizing this event and hitting their goal of $50,000.”

Our firm raised over $3,000 to help care for those directly affected by ALS.

Broujos added, “We were happy to honor our colleague, Joe Fryz of Tarquincore, who bravely fought ALS and showed us all how to deal courageously with this disease that we ARE going to wipe out.”

The participants after the soak.