Tag: Market Reports
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Q325 Industry Market Reports
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It’s been a busy quarter here in the Pittsburgh office! Retail, office, and industrial teams each picked up a handful of listings, and the occupier services team is getting their steps in between tours; our research director’s been active with business development and extracurricular volunteerism, while operations and marketing has been holding down the fort…
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Q2 2025 Industry Market Reports
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It’s been a soggy second quarter in the Pittsburgh region, but the weather isn’t the only thing putting a dampener on our regional CRE outlook the past few months: national economic uncertainty’s raining on industrial, retail, and office’s parade a bit lately. The industrial sector in Pittsburgh curbed some of its prior momentum amidst an…
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Q1 2025 Industry Market Reports
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Spring may be just around the corner, but in true Pittsburgh fashion, the weather still can’t make up its mind. While we wait to see if this year’s winter will actually let up, let’s warm up with our first batch of 2025 market reports! Pittsburgh’s CRE market had a mixed start to 2025. Office vacancies…
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Q4 2024 Industry Market Reports
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Happy New Year, everyone! While we’re still defrosting from that tough Steelers loss, there’s plenty to look forward to this season. Take a moment to warm up with Q4’s CRE stats in our last batch of market reports for 2024! The office sector continued its recovery with declining vacancy rates and rising rental rates, though…
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Q3 2024 Industry Market Reports
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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…
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Q2 2024 Industry Market Reports
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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…
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Q4 2023 Industry Market Reports
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Happy New Year, Pittsburgh! We’ve got the last bit of 2023 wrapped up for you in our Q4 reports, featuring market data and insights from the previous three months. The regional office sector has shown signs of gradual recovery, but continued mirroring national trends of increased vacancy rates and decreased absorption. Pittsburgh’s industrial market has…
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Q3 2023 Industry Market Reports
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It’s that time of year again: we’re releasing our Q3 reports for 2023, featuring regional statistics and information regarding the office, industrial, and retail commercial real estate markets. We hope you’re enjoying the cooler weather, as well as some of the positive speculation looking into 2024’s CRE market. Our regional office market saw an expected…
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Q2 2023 Industry Market Reports
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It’s officially summer in Pittsburgh, although the weather lately has been about as mixed as the market conditions throughout Q2. Our regional office sector saw a decrease in vacancy rate, but also increased negative absorption over the past several months. The local retail market enjoyed relatively stable rental rates, although limited new construction has created…
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Q1 2023 Industry Market Reports
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Welcome to spring! We hope you’ve been enjoying (slightly) warmer temperatures and the extra daylight as we prepare to wrap up the first quarter of the new year. Every quarter our firm assembles market reports on regional developments, notable transactions, market indicators and statistics.Please review Colliers | Pittsburgh‘s most recent collection of Office, Industrial, and Retail…