News - Pittsburgh

  • McKnight Realty Lands $42M in Pittsburgh Office Refi

    HFF secured a first mortgage loan through Starwood Mortgage Capital and a mezzanine loan through Morrison Street Capital for a Class A office tower located in the city's central business district.

    18 September 2017 14:23
  • Eds and Meds Spur Growth in Pittsburgh

    Despite a slowly shrinking population, the city’s multifamily market remains steady, bolstered by increased hiring in recession-resistant sectors. Through May, rents rose 0.3 percent, trailing the nation’s 1.5 percent rate, Yardi Matrix data shows.

    07 August 2017 08:45
  • Evoqua Relocates HQ to Pittsburgh CBD

    The company leased three entire floors at the 637,000-square-foot K&L Gates Center, moving 200 employees from its current Warrendale, Pa. location. The move is expected to be completed by the end of the month.

    26 July 2017 19:25
  • NKF Secures One of the Largest Industrial Sales in Pittsburgh

    The sale of the Class A industrial property marks the fourth industrial building completed in the Clinton Commerce Park and the first sale to a third party.

    13 July 2017 16:27
  • ZRG Partners Taps New Managing Director

    Kevin Jones will be serving as managing director to ZRG’s Pittsburgh office. He brings more than 25 years of knowledge in executive search and assessment experience.

    24 June 2017 00:06
  • Summit Closes $163M Portfolio Deal

    Acquired from Xenia Hotels, the five properties include four adaptive-reuse buildings. The assets are located in Fort Worth, Kansas City, Mo., Pittsburgh and Baltimore.

    23 June 2017 08:03
  • Marriott Breaks Ground on Pittsburgh Hotel

    The four-story property will be situated adjacent to the Harrisburg International Airport and other major attractions, which is creating a strong demand for leisure and business travelers.

    22 June 2017 15:33
  • Residence Inn by Marriott Expands in Pittsburgh

    The 144-key Residence Inn Pittsburgh Oakland/University Place will be operated as a Marriott franchise and owned by MWK Forbes II.

    22 June 2017 15:29
  • Marriott Opens New Pittsburgh Hotel

    The 109-key hotel is located in the McCandless Crossing, an open-air lifestyle center about 10 miles north of Pittsburgh. AdVenture Development LLC owns the six-story hotel.

    23 May 2017 13:52
  • Carnegie Robotics Named Top Industrial Renovation

    NAIOP honored the project for transforming a Pennsylvania steel mill into a high-tech facility.

    03 March 2017 13:41
  • Yardi Matrix: Pittsburgh’s Transition

    With more than 10,000 units in different stages of development, the pipeline is likely to cool off, but not by much.

    07 February 2017 10:45
  • Pennsylvania Warehouse Trades for $16M

    By Mihaela Coste 350 Alvin Drive, New Kensington, Pa. New Kensington, Pa.—Marcus & Millichap recently closed the sale of a 239,400-square-foot industrial property in New Kensington. The asset was acquired by Broadstone Real Estate LLC for $15.5 million. The seller Kacin Co. was represented by Marcus & Millichap’s Senior Associate Donovan Mackey, Associate

    01 February 2017 14:40
  • PREIT Sells Last 2 Non-Core Malls for $49M

    Since 2013, the company has disposed of 16 lower productivity malls, as well as other non-core properties, generating $720 million in gross proceeds.

    19 January 2017 12:44
  • CBRE Global Purchases Prime Pittsburgh High-Rise

    Liberty Center, a 529,300-square-foot tower, marks the company’s first foray into the Steel City office market.

    09 January 2017 12:40
  • Re/Max Expands Pittsburgh Footprint with 2 New Offices

    The Beaver office will be operational before the end of the year, with the Lawrenceville office following shortly after the new year.

    28 November 2016 09:05