Colliers' Pittsburgh Office

Tag: Class A

  • Pittsburgh’s Overall Vacancy Rate Dips Below 8%

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    Colliers | Pittsburgh

    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…

  • Pittsburgh Enjoys Positive Industrial Absorption – Although Lack of New Class A Industrial Warehouse Product Still Remains

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    Colliers | Pittsburgh

    Source:  Q4 2012 Colliers international | Pittsburgh Industrial Market Report Pittsburgh continued its pattern of ignoring national uncertainty during the final three months of 2012, and enjoyed another quarter of positive absorption. Unfortunately, the pattern also continued with the sluggish delivery of new Class A industrial warehouse product. Net absorption for the calendar year 2012…

  • New Skyscraper Could Be Built In Downtown Pittsburgh

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    Colliers | Pittsburgh

    Source:  KDKA-TV Excitement is growing for the possibility of new downtown Pittsburgh development.  KDKA-TV’s Jon Delano reports Oxford Development, the owner of the building across from the Macy’s that stretches along Smithfield between Fifth and Forbes, has promised a major announcement that could mean more top-of-the-line Class A office space opening up in downtown Pittsburgh.…

  • Pittsburgh Industrial Market Snapshot

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    Colliers | Pittsburgh

    Source:  NorthEast Real Estate Business August 2011 Publication Contributed by John Bilyak, Principal & Director of Industrial Brokerage at Colliers International | Pittsburgh John Bilyak, Principal & Director of Industrial Brokerage at Colliers International | Pittsburgh, recently contributed to the Northeast Real Estate Business publication, with a feature article that focuses on a snapshot of…

  • Pittsburgh Is Remade as Steal City

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    Colliers | Pittsburgh

    Downtown Pittsburgh Booms With New Construction, Rising Office Rents; ‘More and More Attractive’ Source:  The Wall Street Journal Based on its booming new construction projects and rising office rents, The Wall Street Journal recently shined the spotlight on the Steel City.  The Wall Street Journal reports that the city of Pittsburgh has transformed into one…

  • Market for Office Buildings in Downtown Pittsburgh on the Upswing

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    Colliers | Pittsburgh

    The economy and lending environment for investors in large office buildings are positively influencing Downtown Pittsburgh real estate sales.  This good news is also trending nationwide.   According to the Pittsburgh Tribune-Review, Pittsburgh, along with Chicago, San Francisco and New York are getting the nod for major office buildings on the market. But Pittsburgh’s commercial real…