News - Pittsburgh

  • Neema Hospitality Acquires 2 Pittsburgh-Area Hotels

    Fairfield Inn & Suites Slippery Rock and Holiday Inn Express & Suites Pittsburgh SW bracket the city to the north and south. The company now owns 11 hotels across Pennsylvania, Maryland and West Virginia.

    09 August 2018 12:16
  • Oxford Development Lands Coworking Tenant

    Serendipity Labs plans to open its first Pittsburgh location in December, encompassing approximately 25,000 square feet at 3 Crossings in the city’s Strip District.

    03 August 2018 18:55
  • HFF Secures $90M Refi for Pittsburgh-Area Campus

    The office complex comprises three LEED-certified buildings totaling more than 450,000 square feet. Starwood Mortgage Capital provided the 10-year, fixed-rate loan.

    25 July 2018 12:42
  • HFF Brokers $13M Sale of Pittsburgh-Area Retail Asset

    Fully occupied by Levin Furniture, the 53,000-square-foot property is located adjacent to a Whole Foods-anchored retail center along Perry Highway.

    27 June 2018 16:29
  • DataBank Expands Pittsburgh Facility

    The PIT1 facility, located within the recently redeveloped NOVA Place, will almost double in size with its upcoming 10,000 square feet of raised floor and an additional 1.5 megawatts.

    30 May 2018 18:41
  • Colliers Brokers Sale of 2 PA Retail Assets

    The properties—a 9,000-square-foot, three-story historic office and retail building and a gas station/convenience center—traded for a combined $6.8 million.

    25 May 2018 10:53
  • ANSYS Expands Pittsburgh HQ Space

    The company will be leasing an additional 31,000 square feet at Zenith Ridge in Southpointe II, a luxury office campus, where it currently occupies 186,000 square feet.

    22 May 2018 12:06
  • Pittsburgh Embassy Suites Changes Hands for $25M

    The sale of Embassy Suites Pittsburgh Airport hotel in Coraopolis was brokered by Marcus & Millichap, equating to a price of $112,108 per key.

    07 May 2018 15:57
  • T2 Capital to Invest $10M in PA Distribution Facility

    The company acquired the currently vacant facility with plans to fully upgrade and rebrand it as Canonsburg Distribution Center. The improvement program is slated for completion in September.

    20 April 2018 07:14
  • Pittsburgh’s Growth Spurt

    Although underperforming against the U.S. average, the city's multifamily market has stayed relatively stable.

    26 March 2018 14:45
  • Forest City Sells Pittsburgh Mall

    The nearly 900,000-square-foot regional mall is part of a larger, 10-property retail portfolio, as the firm continues to shed its shopping center assets.

    20 February 2018 17:31
  • Mexican Investor Enters Pittsburgh Market

    The Aztec Fund purchased a premier office building in Canonsburg, Penn., for $20.5 million. The asset is part of the only mixed-use campus in southwestern Pennsylvania.

    08 February 2018 17:37
  • Petrosoft Consolidates Pittsburgh HQ

    The company will move its employees to a newly refurbished, 67,000-square-foot office building in Pittsburgh due to the expansion of its retail operations.

    08 December 2017 16:39
  • Expedient Completes $14M Pittsburgh Expansion

    The company, which operates two data centers in Pittsburgh, invested in a 10,000-square-foot expansion of the building located downtown.

    05 December 2017 17:11
  • Pittsburgh Reveals Its Strength

    The region’s universities continue to provide a skilled workforce for the technology, robotics, education, health-care and financial sectors, pushing the city’s economy forward and sustaining multifamily demand.

    01 December 2017 17:22