Tag: Central Business District

  • 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…

  • Hertz Investment Group & Colliers International | Pittsburgh Gateway Center Open House

    Hertz Investment Group & Colliers International | Pittsburgh hosted an Open House to promote leasing opportunities at the Gateway Center Complex on Wednesday, May 22, 2013, on  the seventeenth floor of One Gateway Center. Approximately 40 brokers from the Western Pennsylvania commercial real estate brokerage community attended  the event. “Colliers International | Pittsburgh enjoys hosting events…

  • Pittsburgh’s Overall Vacancy Rate Dips Below 8%

    Source:  Q4 2012 Pittsburgh Office Market Report During the fourth quarter of 2012, Pittsburgh’s overall office vacancy rate decreased to 7.9%, continuing an ongoing positive trend. Behind the stability of Pittsburgh’s banking sector, the strength of local health insurance companies and the under-the-radar growth of many high-tech companies, Pittsburgh continues to be one of the…

  • The Pittsburgh Market: 2012 Accolades and 2013 Honors

    Sources: Allegheny Conference on Community Development; Imagine Pittsburgh; National Geographic Traveler, Sperling’s BestPlaces; Brookings Institute; The Economist; Bloomberg Businessweek; The Fiscal Times; Pittsburgh Post-Gazette, Pittsburgh Business Times; Pittsburgh Post-Gazette Pittsburgh has a new and amazing year ahead of itself. Our reinvented economy is among the factors offering plenty to celebrate, as 2013 marks the 30…

  • Demand for Office Space is Excellent in Downtown Pittsburgh

    Sources:  Colliers International | Pittsburgh Q3 2012 Pittsburgh Office Market Report Pittsburgh office market performance continues to be strong, with an increased amount of activity and tenant movement. The office vacancy rate is steadily declining on a quarter over quarter basis, as Class A buildings continue to fill with new leases, expansions and renewals. Plans…

  • 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…

  • 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. …