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Colliers Pittsburgh Office Team Lists 703 Rodi Road for Lease

703 Rodi Road - Exterior 1

Colliers International Pittsburgh’s Office Team of Paul Horan and Edward Lawrence MBA are pleased to bring 703 Rodi Road to market for lease.

Located off I-376 in Penn Hills, 703 Rodi Road is an 80,000 SF, four floor office building that could be utilized as a corporate headquarters building or it could be subdivided for multiple users.  A qualified tenant has the opportunity for prominent signage that is highly visible from I-376 (Parkway East).  There is great access to major highways and nearby amenities from this site.

“Colliers is excited to bring to market such a highly recognizable building,” said Lawrence, “We are confident that the new availability will resonate well with the business community and that activity will be strong.”

For more information about this listing, please contact Paul Horan at 412-515-8525 or Edward Lawrence MBA at 412-515-8526.

To read the full article about 703 Rodi Road, click here.

Another Year, Another Lunchtime Soak for Broujos

Is there a better way to spend your lunch than watching your Managing Director get soaked for a good cause? Definitely not!  

Luckily for our office, we got to witness this last Thursday, August 2nd for the second year in a row as our Managing Director and Principal, Gregg Broujos, participated in the ALS Association of Western Pennsylvania Chapter’s CEO Soak. Broujos, along with 20 other CEOs, Presidents and other upper-level managers, stood in the fountains at PPG for one minute.  

“The ALS chapter in Pittsburgh does a fantastic job with this important fundraiser,” Broujos exclaimed. “It was a beautiful day and a huge crowd, which made it a brilliant event.”   

While many of the participants volunteered last year for the inaugural event, there were also some new bodies that took the plunge. 

“The return of several participants and the new volunteers just goes to show what big and giving hearts the people of Pittsburgh have and are willing to share,” notes Lisa Mikolay, Operations Manager for Colliers International | Pittsburgh. “However, the best part of my lunch break was watching Gregg get drenched in extremely cold water!”  

Group Photo 1

The participants after being soaked.  

Broujos raised over $1,500 towards direct care for individuals and families, national public policy efforts and research focused on finding treatments for ALS.   

“As always, thank you to the many generous people who donated funds to help in the fight against ALS,” Broujos said.  

To date, the event has raised over $49,000 towards their $60,000 goal. Donations will be accepted through August 15th. If you are interested in donating, please click here.

Colliers Pittsburgh Chit Chat: Mamadou Baldé

Colliers International | Pittsburgh Sells 31st Street Studios for $14 Million

New York-based North River Pittsburgh I, LLC purchased 31st Street Studios, the largest sound stage between New York and Los Angeles, for $14 Million. The 238,000 square foot multi-industrial complex sits riverfront on 9.36 acres in Pittsburgh’s iconic Strip District.

“The sale of the 31st Street Studios property is yet another example of the high velocity of the Strip District commercial real estate market and brings yet another high quality investment firm to the Pittsburgh market,” said Gregg Broujos, Managing Director & Founding Principal of Colliers International | Pittsburgh, who served as the broker for the public auction.

In addition to Broujos, John Bilyak, Principal, and Justin Kline, Associate for Colliers International | Pittsburgh along with Robert O. Lampl Law Office, represented the seller, Gateway Entertainment Studios LP.

“It was a team effort, but Gregg was instrumental in getting the property sold,” said Ryan Cooney, Lawyer at Robert O. Lampl Law Office. “With a bankruptcy case, there are more moving parts than your typical transaction, and Gregg was able to communicate well with everyone involved.”

According to their website, 31st Street Studios is home to many film and television productions with Sony Pictures, Paramount, and Netflix. Past productions include Dark Knight Rises, Jack Reacher, Fences, Southpaw, and Concussion.

Broujos commends Chris Breakwell, President and CEO of Gateway Entertainment Studios, for the phenomenal job he has done with the movie studio.

“It brings in an incredible amount of economic activity to the Pittsburgh region, and we really owe him a debt of gratitude for his work over the years and into the future.”