Grant Street News

COTERIE COMPANY TO OCCUPY FULL FLOOR AT HISTORIC FRICK BUILDING

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The premier, women-focused, co-working brand launches second U.S. location  Pittsburgh, Pa. – COTERIE Company, a luxury indoor/outdoor co-working space for women, has executed a 10-year lease to occupy the entire 20th floor of the Frick Building, 437 Grant Street. Joanna Bailey, COTERIE founder and CEO, who worked with Rob Geiger and Tim Goetz of Cushman & Wakefield Grant Street Associates to select the space at the Frick Building, says that…

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WESTERN PENNSYLVANIA CHAPTER OF SIOR ANNOUNCES 2014 TOP TRANSACTIONS

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PITTSBURGH, Pa. – The Western Pennsylvania chapter of the Society of Industrial and Officer Realtors (SIOR) held its annual awards luncheon Tuesday at The Fairmont Pittsburgh, Downtown, honoring the top brokers and transactions of 2014. SIOR is the leading professional office and industrial real estate association and maintains a membership of more than 3,100 professionals in more than 630 cities and 34 countries. The top transactions in Western Pennsylvania for…

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Randy McCombs Appointed Mid-Atlantic Regional Director of SIOR

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RANDY MCCOMBS APPOINTED AS MID-ATLANTIC REGIONAL DIRECTOR FOR SOCIETY OF INDUSTRIAL AND OFFICE REALTORS Pittsburgh, Pa. – Randy McCombs, two-time past president of the Western Pennsylvania chapter of SIOR and recipient of the 2014 Western Pennsylvania SIOR Co-Broker of the Year Award, was installed in November 2014 the Fall World Conference in Nashville, Tenn. to serve a two-year term as Mid-Atlantic regional director for the international organization. The Mid-Atlantic region…

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Moe’s to Open 7th Pittsburgh Location

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Wexford Shopping Center Gets New Owner, Facelift, and Anchor Tenant Moe’s Southwest Grill Will Open 7th Pittsburgh Location as part of the project Wexford, PA (February 23, 2015) – The Shopping Center located at 10339 Perry Highway in Wexford, known as NA Center, has been purchased by an Investment Group led locally by Pittsburgh-area Moe’s Southwest Grill Franchisees Mike Geiger and John Iaquinta.  This center is strategically located in the…

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Pool City Plaza sold to New York investor for more than $3 million

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Pool City Plaza, a two-building, 48,500-square-foot retail development located within the Pointe at North Fayette shopping district, has been purchased for $3.05 million by New York-based investor Cohen Equities. Vice presidents of retail brokerage and leasing at Cushman & Wakefield Grant Street Associates, Inc., J. R. Yocco and John Jackson, in conjunction with C-III Realty Services LLC (based in Irving, Texas), worked to solidify a sale for the online auction.  Read more…

Grant Street Associates subleases 11,200 square feet in Pittsburgh

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Story originally published in Mid-Atlantic Real Estate Journal. Vorys to move office to BNY Mellon Center Pittsburgh, PA – Vorys, Sater, Seymour and Pease LLP, one of the largest law firms in the country with 375 attorneys, has signed a four year and five month sublease for office space in the BNY Mellon Center in downtown Pittsuburgh. The firm plans to move this spring into the approximately 11,200 s/f space…

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Historic Henry W. Oliver Building Nears Full Occupancy

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The Henry W. Oliver Building, which became a part of McKnight Realty Partners’ Pittsburgh portfolio in 2011, has reached 90 percent occupancy with the recent signing of Sherrard German & Kelly, P.C., a law firm providing commercial, financial, litigation and estate planning services. Sherrard German will move into more than 21,000 square feet, occupying the entire fourth floor and part of the third. Occupancy is expected in the third quarter…

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Region’s tight industrial space ratchets prices, limits options

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Story originally published in triblive.com by Sam Spatter. The improving economy and demand related to Marcellus shale gas exploration have caused a shortage of industrial real estate space in the Pittsburgh region — a trend that’s encouraging but gives reason for concern, experts said. The tight supply signals a healthy market but drives up prices and limits options for industrial companies looking to expand here. “The Pittsburgh industrial market is at…

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Federal Reserve hires Cresco to sell its Pittsburgh building

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Story originally published in bizjournals.com by Patty Tascarella. The Federal Reserve Bank of ClevelandTuesday confirmed that it entered into a contact with Cleveland-based brokerage firm Cresco Real Estate to sell its former branch building in downtown Pittsburgh. Cresco in turn has partnered with Pittsburgh-based brokerage firm Grant Street Associates Inc., said Anne M. DiTeodoro, a spokeswoman for the Cleveland Fed, which oversees western Pennsylvania. Last month, the Fed moved 23 employees to the new branch…

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Citizens Bank of Pennsylvania renews long-term lease in Pittsburgh Central Business District

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Citizens Bank of Pennsylvania has executed a five-year lease renewal to remain the largest tenant at 525 William Penn Place. The renewal includes occupancy of approximately 147,500 square feet of office and storage space in the building, located in Pittsburgh’s central business district.