Dana Bice

When the world becomes uncertain, carefully choose what you’ll give 120% to.

It’s looking like 2023 will bring uncertainty to the world of commercial real estate, and Pittsburgh is no exception.  Lease transaction volume has remained relatively stable, but companies are downsizing more often than not. We are seeing this with almost every client. Working from home has become the norm, even if it’s only one day …

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Rise Pittsburgh Q4 2020 Viewpoint

Rise Pittsburgh Q4 Viewpoint A Q4 update from Rise Pittsburgh: Pittsburgh is not known as a volatile market. And while it is currently softening, the success of our technology industry gives reason for hope. Click here to see the entire report. The Rise Pittsburgh Viewpoint is a quarterly review of the overall commercial real estate …

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COVID Creates Chaos With CRE!

The Pittsburgh Commercial Real Estate (CRE) market has changed quite a bit! The number one defining factor? COVID-19. COVID has shut down buildings, hotels, companies, restaurants, coffee shops – you name it and it’s been affected. Like many other cities across the United States, Pittsburgh’s central business district (CBD) has been the hardest hit. Subleases …

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Q2 2020 Viewpoint from Rise Pittsburgh

Q2 2020 RISE PITTSBURGH Viewpoint

Despite the pandemic, Q2 2020 overall rent in the Pittsburgh market remained virtually unchanged. Sublease availability increased, as it has nationally, with companies looking to unload space that isn to needed while employees work from home. Many companies are still playing the waiting game and extending short-term, but the market has also seen some activity. …

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