Tag: Colliers International | Pittsburgh
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Colliers International l Pittsburgh Rides to Fight Multiple Sclerosis
Gregg Broujos, Managing Director, David Thor, Principal and Justin Kline, Associate of Colliers International l Pittsburgh, participated in the 2015 Bike MS: Escape to the Lake, an annual fundraising event organized by the National Multiple Sclerosis Society, Pennsylvania Keystone Chapter. Along with over 1,000 other bike riders, Mr. Broujos, Mr. Thor and Mr. Kline pedaled…
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OXFORD DEVELOPMENT COMPANY EXPANDS MARKETING EFFORTS FOR 350 FIFTH AVENUE
Partnership with Colliers International takes Project Nationwide Oxford Development Company today announced a partnership with Colliers International to expand the marketing of 350 Fifth Avenue. “Oxford has been working with potential clients in the Pittsburgh market for the lease up of 350 Fifth Avenue,” said Steven J. Guy, President and CEO. “We felt that it…
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Q1 2015 Pittsburgh Office Market Report
The first quarter of 2015 ended with an overall vacancy rate of 8.1% with net absorption totaling a positive 127,251 square feet for the quarter. Sublease space increased during this period ending with 307,784 square feet available. Rental rates finished up $19.84 representing a decrease of 4% adjusted for all classes of available space. The Class A office market…
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Q1 2015 Pittsburgh Investment Newsletter
OUR CRE WORLD IS FLAT: LEVEL OCCUPANCY RATES, DECLINING ASKING RATES – BUT HEY, WE’LL TAKE IT The OFFICE MARKET in the Pittsburgh MSA slipped from an overall vacancy rate of 8.0% in 4Q 2014 to the current 8.1% in 1Q 2015. This compared to a higher vacancy rate of 8.3% one year ago. Absorption in…
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Q4 2014 Pittsburgh Investment Newsletter
RETAIL MOVE OVER! OFFICE MARKET SHINES IN 4TH QUARTER; INDUSTRIAL SOFTENS SLIGHTLY Office Market Sees Big New Construction Numbers The Office Market in the 4th quarter saw an 8.1% overall vacancy rate, improving from the 3rd quarter’s 8.4% rate, with a positive absorption rate of 868,224 SF. Better yet, the overall asking rate when from…
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Q4 2014 Pittsburgh Industrial Market Report
Q4 2014 Static Finish to the Year The fourth quarter of 2014 finished without the anticipated flourish that it was trending toward. Vacancy actually crept up three basis points from 7.2% to 7.5% while absorption for the quarter experienced a negative 591,656 square feet. This is the largest negative quarter since 2009 and all others,…
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Patrick Sentner recognized as 2014 Everest Club Member
Founding Principal Patrick Sentner, SIOR of Colliers International | Pittsburgh has been recognized by Colliers International as an Everest Club Member for top performance during the 2014 fiscal year. This is the second time he has received the award. The Everest Club highlights the top 10% of all Colliers International agents in Canada, Latin America…
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Brookings Institution recognizes Pittsburgh in American’s 50 most crucial, highest-value industries
Dennis Yoblansky, CEO of Allegheny Conference on Community Development announced exciting news yesterday regarding Pittsburgh’s success in advanced industries: “Our region has turned up in the Top 50 of a new list of U.S. metros capitalizing on advanced industries. Washington, D.C.-based think tank, the Brookings Institution and its Metropolitan Policy Program, released “America’s Advanced Industries”…
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Colliers International | Pittsburgh Represents Regulatory & Quality Solutions LLC (“R&Q”) in New Lease at 2790 Mosside Boulevard
R&Q has signed a lease at 2790 Mosside Boulevard for approximately 6,900 SF of executive and professional office space. Jessica Jarosz, Vice President of Occupier Services at Colliers International | Pittsburgh exclusively represented R&Q in the transaction. R&Q will be moving its headquarters from a small office building in Murrysville, PA later this month. 2790…
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