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Two Gateway Center
Suite 125
603 Stanwix Street
Pittsburgh, PA 15222
USA
Main + 1 412 321 4200
Fax + 1 412 321 4400

Gregg Broujos
Managing Director & Founding Principal | Pittsburgh

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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Recent Pittsburgh Reports

Q2 2014 Pittsburgh Industrial Market Report

Although deal volume in the second quarter was not as robust as the first, activity remained brisk. The expectation is that the third quarter will bring more transactions from the tenants and buyers currently scouring the market. Scouring is the appropriate term given the only potential impediment to increased activity is the lack of quality options for users to move on.

Q1 2014 Pittsburgh Retail Market Place Highlights

Pittsburgh’s retail market experienced minimal impact the first quarter of 2014. The vacancy rate remained the
same at 4% from the previous quarter in 2013, ranking Pittsburgh 12th out of 63 markets nationally, the lowest being San Francisco at 3.4% and the highest is Cleveland at 15.2%. Researchers are forecasting the national average vacancy to drop from 12% to 10.6% in 2014. This will be the first time rates have dipped below 12% since 2009, a far stretch from a low 7.5% in 2005.

Expertise

We pride ourselves on building and sharing expertise in order to create success for our clients and our people. Our passion for continuously expanding our knowledge base enables us to take a fresh and imaginative approach to everything we do.

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