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Gregg Broujos
Managing Director & Founding Principal | Pittsburgh

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Pittsburgh Market News

  • The PDCDC Goes One-on-One with Gregg Broujos of Colliers International Pittsburgh

    With changes occurring in Downtown, Broujos said that, with the residential activities improving, this is the strongest that the Pittsburgh market has been in years. “Retail follows residential growth,” Broujos said. Pittsburgh will become even stronger as the City and organizations like the PDCDC work to bring retail stores to the Downtown area. Source: Pittsburgh Downtown Community Development Corporation

  • Indigo Square inks tenants, seeks more local businesses

    The commercial space in East Liberty’s Broad Street business district continues to grow. The area, known as Indigo Square after the hotel soon to occupy it, will include a holistic medicine center, an oil and vinegar retailer, a kitchen and bath design showroom and a pair of independent fashion boutiques. Source: Pop City Pgh

  • What is to come for the PG's headquarters?

    As ownership of the Pittsburgh Post-Gazette figures out its next big move for a new printing operation, Gregg Broujos, Managing Director & Founding Principal at Colliers International | Pittsburgh, weighs in on the future real estate possibilities of the company’s property at 34 Boulevard of the Allies. Source: Pittsburgh Business Times

  • Colliers International | Pittsburgh Pedals Together in Support of the Leukemia & Lymphoma Society Race to Anyplace 2013

    In the spirit of community, Colliers International | Pittsburgh teamed up to raise funds for the 13th Annual Race to Anyplace stationary bike race to benefit the Leukemia & Lymphoma Society of Western PA and WV.

  • Cranberry Retail Commercial Real Estate Market Continues to Strengthen

    The development of the Cranberry Crossroads project appears to have already gone a long way toward being successful before it’s even fully finished. Gregg Broujos, Managing Director & Founding Prinicpal, at Colliers International | Pittsburgh weighs in on the strength of ECHO Real Estate Services Co.’s sale of a two-level, 80,000-square-foot building now open and operating at Cranberry Crossroads to Dick's Sporting Goods for $19.1 million and the lack of quality investment product for institutional investors in that market.

  • HDS Marketing Leases 34,000 SF in West Pittsburgh Business Park at 1000 Napor Boulevard

    HDS Marketing has leased 34,230 square feet at 1000 Napor Blvd. in Pittsburgh, PA. Occupancy is set for later in the first quarter of 2013. +/- 26,000 SF remains available for lease. John Bilyak and Paul Horan of Colliers International | Pittsburgh represented the landlord, Mangrove Cay LP. “Colliers International | Pittsburgh is tremendously excited by the redevelopment of the former WRS building, which is now the West Pittsburgh Business Park. The vision of the Sampson Morris Group is being realized as evidenced by the commitments by Cellone’s Bakery and most recently HDS Marketing,” said John Bilyak SIOR, CCIM, Principal at Colliers International | Pittsburgh. “With a little over 26,000 SF of existing buildings remaining and the ability to add two additional buildings, we look forward to more leasing activity in 2013.”

  • Out-of-Town landlords bring new ways of doing business

    Suddenly, after years of decline that made doom-mongering a regular pastime among the locals, we’re living in a new-to-you Pittsburgh. Gregg Broujos, Managing Director & Founding Principal at Colliers International Pittsburgh said he sees a different mindset in how major companies manage assets. As featured in the Pittsburgh Business Times 2013 Year in Preview, he comments, "They have a more intensive management philosophy. They're driven to maximize value. All landlords are. But some of these national companies may have a better system in place."

  • Pittsburgh’s apartment buildings attract considerable national interest

    Trib Total Media reports that Pittsburgh’s tight apartment market — with the lowest vacancy rate in the nation —is one reason owners of Downtown apartment buildings are putting their properties up for sale in hopes of getting top dollar. Gregg Broujos, Managing Director & Founding Prinicpal, at Colliers International | Pittsburgh weighs in on out-of-town investors interest in Pittsburgh apartment buildings and Pittsburgh commercial real estate.

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