Category: Retail

  • Check out the fresh new look of the 1st Quarter 2017 Investment Newsletter

    This edition of the Investment Newsletter contains 1st quarter 2017 market indicators, market statistics, sales transactions and an investor spotlight interview with Bill Hunt of the Elmhurst Group based in Pittsburgh, Pennsylvania.   Click here to view the entire report.

  • Q3 2015 Pittsburgh Retail Market Place Newsletter

    The Pittsburgh retail real estate market continues to be strong. The vacancy rate across all retail property types dropped to 3.5% during the last quarter, although the numbers are skewed upward by large vacancies in a few submarkets. The market for prime anchored shopping center space is extremely tight and the effective vacancy rate for…

  • Colliers International | Pittsburgh Hosts Colliers Regional Meeting at PNC Park

    Colliers International | Pittsburgh Hosts Colliers Regional Meeting at PNC Park

    Commercial Real Estate professionals from several Colliers International offices convened in Pittsburgh last week for two days of networking, meetings, and presentations. The Pittsburgh Regional Alliance, Civil & Environmental Consultants, and Oxford Development sponsored this inaugural Colliers Regional Meeting at PNC Park. Brokers and service line leaders from Colliers International travelled from California, Connecticut, Illinois,…

  • Q3 2014 Pittsburgh Market Place Newsletter

    Local Market Update Pittsburgh’s retail real estate market continued to perform well during the third quarter of 2014. The vacancy rate decreased slightly from 3.9% last quarter to 3.8% during the current quarter. The market has a total inventory of 135,568,879 square feet of which 47,306,165 is considered shopping center or power center space. The…

  • Q1 2014 Pittsburgh Retail Market Place Highlights

    Local Market Update Pittsburgh’s retail market experienced minimal impact the first quarter of 2014. The vacancy rate remained the same at 4% from the previous quarter in 2013, ranking Pittsburgh 12th out of 63 markets nationally, the lowest being San Francisco at 3.4% and the highest is Cleveland at 15.2%. Researchers are forecasting the national…

  • Q3 2013 Pittsburgh Market Place Highlights

    Local Market Update Pittsburgh’s retail vacancy rate increased in the third quarter 2013, ending the quarter at 4.3%. Over the past four quarters, the market has seen an overall decrease in the vacancy rate, with the rate going from 4.7% in the fourth quarter 2012 to 4.4% at the end of the first quarter 2013,…

  • Natrona Heights Shopping Center Under Renovation

    – Heights Plaza being Repositioned as Harrison Town Square – Colliers International | Pittsburgh is pleased to announce that the Heights Plaza Shopping Center is currently undergoing substantial renovations and being repositioned as Harrison Town Square.  Nearly 50% of the 371,158 SF shopping center is being restored and renovations are expected to be complete by…

  • East End Tenant Activity on the Rise

    – Colliers International | Pittsburgh leases 8,500 SF to Several New Retail Tenants in Indigo Square – Colliers International | Pittsburgh is pleased to announce that 8,500 SF in lease transactions have been completed at Indigo Square in the East End of Pittsburgh. Anthony Pantoni of Colliers International | Pittsburgh, leased 2,200 SF at 6023…

  • Pittsburgh is Stuffed with Thanksgiving Weekend Activities

    Sources:  Pittsburgh Post-Gazette, walkscore.com, National Retail Federation From benefits featuring live music and comedic entertainment, to the Steelers’ Six Super Bowl Trophies exhibit at the Senator John Heinz History Center, the Macy’s Holiday Parade, the annual Turkey Trot, and more, Thanksgiving weekend is stuffed with plenty of activities that the whole family can enjoy together.…

  • Celebrate Pittsburgh’s 52nd Annual Light Up Night®

    Sources:  Pittsburgh Downtown Partnership, 2012 Santa Spectacular The concept of “Light Up Night” took root in Pittsburgh in 1960, and this year the 52nd annual Light Up Night, kicks off the Downtown Holiday shopping season in the Golden Triangle  November 16 – 17. The entire Golden Triangle becomes the stage for one of the largest…