Tag: Colliers International | Pittsburgh
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Colliers International | Pittsburgh Announces The Sale of Parkway Center – Buildings One, Two, Four, Six, Seven, Nine and Ten
Colliers International | Pittsburgh is proud to announce the sale of an office complex portfolio and garage located at Parkway Center – Buildings One, Two, Four, Six, Seven, Nine, and Ten in the Parkway West Corridor. The 622,771 SF office complex, situated on 20+ acres, was sold by GPA and GPA II to PWC Pitt, LLC., lead…
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Q1 2014 Office Market Report
Activity in the office leasing market in Pittsburgh leveled off in the first quarter of 2014, but overall the market performance continues to exceed typical expectations for the region. The overall office vacancy rate in the region is up slightly to 8.3 percent from 8.1 percent at the end of 2013, while Class A office space in the CBD…
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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…
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Q1 2014 Industrial Market Report
Q1 2014 Off to a Good Start The first quarter of 2014 bodes well for the remainder of the year. The market is not only active, but deals are closing. This is welcome news given the fact that while the market has seen activity over the last four quarters, the actual transactions were often slow…
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Colliers International | Pittsburgh Welcomes Jacob Machel as Research Analyst
Jake Machel joins Colliers International | Pittsburgh as a Research Analyst and Broker-In-Training. His responsibilities include collecting and analyzing past, present and future real estate market statistics; tracking market trends and business movement; and assisting in the formulation of Quarterly Market Reports. While serving as research analyst, Jake is also currently studying the real estate…
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Colliers International | Pittsburgh celebrates Bring Your Child To Work Day 2014
The youngest members of the Colliers International | Pittsburgh team joined the office during Bring Your Child to Work Day on Thursday, April 24, 2014 bringing with them smiles, laughs, and loads of personality. The eight fresh-faced children started out their day with a game of Pin the Leasing Sign on the Gulf Tower. The…
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Colliers International | Pittsburgh Announces Amizade Global Service-Learning’s New Lease at 3406 Ligonier Street
– Amizade Secures 4,200 SF of Office Space at 3406 Ligonier Street – Colliers International | Pittsburgh is proud to announce that Amizade Global Service-Learning has leased 4,200 SF in the office building located at 3406 Ligonier Street. The 4,200 SF office building, which is located in Lawrenceville, will be the headquarters for Amizade and Global…
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Colliers International | Pittsburgh Brokers Honored at Annual SIOR Awards Luncheon
Several brokers from Colliers International | Pittsburgh received awards at the Western Pennsylvania Chapter Society of Industrial and Office Realtors (SIOR) annual awards luncheon on Wednesday, March 12, 2014 at the Rivers Club. The awards recognize both the top and most creative commercial real estate transactions in the greater Pittsburgh area completed in 2013. Paul…
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Q4 2013 Pittsburgh Industrial Market Report
Q4 Consistency Continues The fourth quarter of 2013 finished in much the same way it began and maintained throughout the year; solid if unspectacular growth. The vacancy rate fell from 7.9 percent in the third quarter to 7.7 percent in the fourth quarter and dropped three basis points in total over the course of the…
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Q4 2013 Pittsburgh Office Market Report
Pittsburgh’s Office Market Continues to Tighten With the rest of the country’s real estate portfolio just beginning to recover, the Pittsburgh office market has seen unprecedented success in terms of its vacancy rate. The overall vacancy rate for the market, at 8.1 percent, is one of the lowest in the country, but only begins to…
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