Tag: Commercial Development
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Pittsburgh Commercial Real Estate Market Continues to Strengthen
Source: Q1 2012 Pittsburgh Office Market Report Highlights; CoStar The demand for office space in Pittsburgh has strengthened due to a number of factors positively impacting the overall health of the market. In the Central Business District the “Med’s” (UPMC and Highmark) continue to expand by leasing additional Class A office space, while the “Ed’s” (Point…
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High-Tech Firms, New Development Eyeing East Liberty
Sources: Pittsburgh Magazine; Details.com; CBS Pittsburgh East Liberty is emerging as a promising location for businesses catering to the advanced technology industry. Located within a few miles of Oakland’s university community, and even closer to the upscale residential districts of Shadyside and Highland Park, East Liberty has a flourishing start-up scene, and is poised to become…
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Energy-Driven Markets Power Office Absorption
Sources: Colliers Office Market Report | USA, Allegheny Conference, Pittsburgh Tribune-Review, Pittsburgh Business Times, National Real Estate Investor The Energy industry has played a significant role in the economy’s gradual recovery, according to the new Colliers office market report, which shows that energy markets contributed a disproportionate percentage of total national office absorption in the…
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Gregg Broujos, Managing Director and Founding Principal at Colliers International | Pittsburgh addresses Pittsburgh’s Booming Office Market Activity in local news story
Source: Pittsburgh Tribune-Review, Low vacancies drive up rental rates The Pittsburgh Tribune-Review recently approached Gregg Broujos, Managing Director and Founding Principal at Colliers International | Pittsburgh, along with other local real estate experts, to weigh in on the trend of declining office vacancies in Downtown Pittsburgh and surrounding areas. “With Class A space Downtown at…
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Colliers International Launches National Student Housing Practice Group as Student Housing Expansion Demands Grow
Sources: Colliers International National Student Housing Practice Group, Pittsburgh Post-Gazette, Essential Public Media Colliers International has launched a National Student Housing Practice Group, specializing in representing clients in the sale of quality student housing assets. The Student Housing Group of Colliers International is one of the most experienced student brokerage teams in the country specializing in…
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The Pittsburgh Market: 2011 Accolades and 2012 Honors
Sources: National Geographic Traveler, Financial Times, The Farmers Insurance Group of Companies, Travel + Leisure Magazine, 2011 Mercer Quality of Life Ranking, Politico.com, Allegheny Conference, Washington Post Whether Pittsburgh is being recognized by Forbes.com as Americas Most Livable City, paid tribute in the Financial Times ft.com Rust Belt video feature for emerging as one of the…
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Pittsburgh Market Profile
Source: Medical Office Today The Pittsburgh market is segmented into four geographical areas – north, south, east and west – each with its own distinct characteristics. By far, the northern quadrant of the city has seen the greatest growth in population, jobs and commercial real estate development. The southern quadrant has seen some recent growth…
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Pittsburgh’s East End experiencing commercial development renaissance
Sources: Pittsburgh Tribune-Review, Pittsburgh Business Times Pittsburgh’s East End, home to major universities like the University of Pittsburgh, Carnegie Mellon University, Carlow University and Chatham University, as well as several well-known cultural institutions, including The Carnegie Institute’s Museums of Art and Natural History, Frick Art & Historical Center, Phipps Conservatory, Soldiers and Sailors Memorial Hall,…
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Pittsburgh among 8 Cities that want your Business
Source: CNN Money Pittsburgh has long been known for its winning sports teams and world class museums, but these days, Pittsburgh fares well as a top city becoming a hub for technology start-ups. Although we pale in comparison to heavyweights like Silicon Valley, New York, and Boston, the City of Pittsburgh offers compelling incentives to…
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