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Pittsburgh, PA 15222
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Gregg Broujos
Managing Director & Founding Principal | Pittsburgh

Research Reports

Market insight is the essential ingredient in all of the services we offer. We monitor trends and make projections to help you make critical decisions. Our researchers continuously source and analyze data in every major global market, helping you adapt to drivers outside your industry and region that could impact your business.

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National Highlights

Recent Pittsburgh Reports

Q1 2013 Pittsburgh Investment Newsletter

For the first time in the last four quarters, the Pittsburgh office market vacancy has increased.  The Pittsburgh office market vacancy rate for the first quarter of 2013 was 8.0%; 10 basis points above the prior quarter and 380 basis points lower than the national average of 11.8%. Class A office space vacancy remained unchanged from the prior quarter at a rate of 6.3%. Class B office space reported a vacancy rate of 9.3% which is a 30 basis point increase from the prior quarter. Class C office space increased by 10 basis points to a rate of 7.3%.  As expected from the ascending vacancy trend, the average asking price per square foot dropped 1.4% to a rate of $18.49.

Q1 2013 Pittsburgh Office Market Highlights

During the first quarter of 2013 the Pittsburgh commercial real estate market continued to be one of the stronger markets in the United States. Net absorption was relatively flat. This was due primarily to a number of larger growing tenants in the marketplace taking a bit more time than normal to make real estate decisions. Simultaneously there was an uptick in the vacancy rate (8%), but this still represents a very stable marketplace.

Q1 2013 Pittsburgh Industrial Market Report
Q1 2013 Pittsburgh Industrial Market Highlights

The Pittsburgh Industrial Market got off to a slow start coming out of the gate in 2013. The 1st Quarter saw very few transactions of significance as buyers and tenants consider the impact of a soft economy, and lingering concerns surrounding the federal budget.

Q2 2012 Pittsburgh Market Place Retail Newsletter

The retail services team at Colliers International | Pittsburgh provides integrated commercial real estate retail services to our clients. Locally, we operate across the ten counties that comprise Western Pennsylvania, and parts of West Virginia. In addition to accelerating the success of our local clients, we are able to collaborate with the Colliers International global retail services team in order to provide maximum returns to our multimarket clients.

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