Pittsburgh, Commercial Real Estate Brokerage

Market Trend: Pittsburgh’s Office Deliveries, Construction and Inventory

During the fourth quarter 2013, one office building totaling 36,758 square feet was completed in the Pittsburgh market area. This compares to three buildings totaling 132,136 square feet that were completed in the third quarter 2013. There were 2,158,550 square feet of office space un

Buyers Beware: Jacking Up Rents Can Result in Lower Asset Values

So you want to buy an office building. A quick CoStar search shows a number of assets for sale in your target markets with vacancy rates in line with their submarket average and below-market rents. Great! Right? Not so fast: A closer look at CoStar data also shows that office assets t

Summerfield Village Trades for $9.1M

      A local investor acquired the Summerfield Village office complex at 2535-2589 Washington Rd. in Pittsburgh, PA for $9.125 million, or about $100 per square foot, in an REO sale from Huntington National Bank. The office park is comprised of nine two- and three-stor

New Development in Findlay/Moon Twp.

A parcel of land near the Pittsburgh International Airport is now going to be named Findlay Crossing.  This development will be across from the Park ‘N Fly near the Dick’s Headquarters.  This area is set to be for businesses in the area and maybe a retail parking venture. 

New Office Spaces Are Opening in the Strip District

There will be new office spaces opening in Strip District.  These spaces are great for tech companies, and are equipped to handle those types of businesses needs.  The space also has a unique touch.  The guitar and music themed offices lead to an interactive music environment that

Beaver County and New Development

Beaver County will be starting some major development projects over the next year.  There has been an upswing in commercial real estate sold, and there will be more properties developing over the next few years.  Keep reading or click here to learn more about Beaver County. Beaver Cou

Food or Shopping

Food or Shopping?  That is the question that many developers are facing right now.  Downtown Pittsburgh is booming with developments popping up everywhere.  However, the question that has come up recently is what would perform better downtown.  Many restaurants are coming into Pittsbu

New Development Coming To East Liberty

The second phase of Bakery Square is now in development thanks to Walnut Capital Partners.  The Reizenstein School was purchased to create two office buildings totaling 400,000 square feet. This new commercial development is expected to create 1200 jobs. Mayor Luke Ravenstahl on Wedne