News - Pittsburgh

  • 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
  • Former Pittsburgh Mill Redevelopment Breaks Ground

    The first phase of the former LTV Steel site redevelopment in Hazelwood comprises 94,000 square feet and will house mostly R&D and office spaces.

    28 November 2017 17:43
  • TCM Sells Limited Partnership Interest in PA Retail Asset

    Miracle Mile Retail Center is a power center anchored by tenants such as LA Fitness, Marshalls, PNC Bank and others. The property was 98 percent occupied at the time of the sale.

    21 November 2017 17:00
  • UPMC to Build Pittsburgh Hospitals for $2B

    The health care provider will develop three cutting-edge specialty hospitals totaling more than 1.6 million square feet in the Steel City’s metro area.

    08 November 2017 10:45
  • Intervala Inks New Long-Term Lease with RIDC

    The high-tech electronics manufacturing company signed a five-year agreement for 135,000 square feet at the newly-rehabilitated Keystone Commons in Turtle Creek, Pa.

    07 November 2017 17:36
  • Law Firm Relocates to Pittsburgh CBD

    The law firm first announced plans to move its headquarters back in November 2016. At that time, the site of its new offices—Union Trust Building—was 75 percent leased.

    25 October 2017 21:06
  • Home2 Suites Pittsburgh Opens

    The three-story hotel is only a 20-minute drive away from Pittsburgh International Airport and offers a mix of suites and rooms.

    17 October 2017 17:28
  • Walker & Dunlop Secures $15M Loan for Pittsburgh Hotel

    The company worked on behalf of the borrower, Reception Hotels and Resorts LLC, to provide the three-year, non-recourse construction loan. Reception Hotels and Resorts purchased the fifth and the sixth floors for the hotel.

    02 October 2017 17:11