Tag: Energy
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Pittsburgh Region Continues to be Solid
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During the first quarter of 2013 the Pittsburgh commercial real estate market continued to be one of the stronger markets in the United States. Net absorption was relatively flat. This was due primarily to a number of larger growing tenants in the marketplace taking a bit more time than normal to make real estate decisions.…
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Energy-Driven Markets Power Office Absorption
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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…