Tag: Investment

  • Q3 2024 Industry Market Reports

    Summer has officially come to a close, so make sure between Sunday football games and your seasonal Trax Farms visit (or Soergel Orchards, if you’re in the north submarket) you catch up on Q3’s CRE stats in our latest batch of market reports! The regional office market continues to see signs of recovery amidst continued…

  • Q2 2024 Industry Market Reports

    Hope you’re not out on an extended 4th of July vacation yet Pittsburgh, because our market reports are out today – hot off the press! Literally, it’s been 90+ degrees out here for the past week. The office sector continues to show steadying signs of recovery vacancy takes a slight dip amidst hybrid-embracing work policies…

  • Check out the fresh new look of the 1st Quarter 2017 Investment Newsletter

    This edition of the Investment Newsletter contains 1st quarter 2017 market indicators, market statistics, sales transactions and an investor spotlight interview with Bill Hunt of the Elmhurst Group based in Pittsburgh, Pennsylvania.   Click here to view the entire report.

  • 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…

  • 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…

  • Q3 2013 Pittsburgh Investment Newsletter

    Third Quarter Leasing and Sales Activity Remains Strong The Pittsburgh market continues to live up to the national hype, posting strong gains in all product types while sales continue to remain solid. The OFFICE MARKET for the Third Quarter of 2013 saw an overall vacancy rate of 8.1% with a quoted rental rate at $18.84.…

  • Colliers International | Pittsburgh Brokers Honored at the Western Pennsylvania Chapter SIOR Awards Luncheon

    Colliers Brokers Receive Top Honors in Several Award Categories for 2012 Deals of the Year from the Society of Industrial and Office Realtors (SIOR) Colliers International | Pittsburgh is pleased to announce that it has received several top honors in multiple commercial real estate categories at the annual Western Pennsylvania Chapter SIOR Luncheon, held Wednesday, May…

  • Q1 2013 Pittsburgh Investment Newsletter

    For the first time in the last four quarters, the Pittsburgh office market vacancy has increased. The Pittsburgh office market vacancy rate for the first quarter of 2013 was 8.0%; 10 basis points above the prior quarter and 380 basis points lower than the national average of 11.8%. Class A office space vacancy remained unchanged…

  • Q3 2012 Pittsburgh Investment Newsletter

    Source:  Colliers International | Pittsburgh Q3 2012 Pittsburgh Investment Newsletter The momentum of the Pittsburgh commercial real estate market continued during the third quarter of 2012 as all major asset classes experienced a vacancy rate compression. A strong local economy coupled with a growing population is the primary driver of the positive economic trend. Throughout…

  • Demand for Office Space is Excellent in Downtown Pittsburgh

    Sources:  Colliers International | Pittsburgh Q3 2012 Pittsburgh Office Market Report Pittsburgh office market performance continues to be strong, with an increased amount of activity and tenant movement. The office vacancy rate is steadily declining on a quarter over quarter basis, as Class A buildings continue to fill with new leases, expansions and renewals. Plans…