The Grant Building

The Grant Building

The Grant Building

Landlord representation services on behalf of McKnight Realty Partners.

The Grant Building is a class A office building located at 310 Grant Street, adjacent to the City County Building and across from One Oxford Centre. With amenities including a fitness club for tenants, banking,  diner-style and pub-style restaurants, integral parking, hair salon, nail salon, a dry cleaner and sundries shop, the property offers tenants all of the conveniences desired in a highly attractive landscape. The Grant Building and its Morse Code rooftop beacon have been icons in Downtown Pittsburgh for many, many years.

In 2010, Grant Street Associates partnered with McKnight Realty Partners in order to provide expanded marketing and leasing services designed to increase awareness of the property within the brokerage community and targeted tenants and to reduce the 14.5% vacancy in the building.

SOLUTIONS

  • Conducted a broad search to identify prospective tenants
  • Aggressively marketed the property to all the local and regional brokerage community, particularly targeting new law firms and professional services groups
  • The team, led by Robert Geiger, executed a targeted marketing campaign

RESULTS

Within 30 months of securing the assignment, GSA successfully leased approximately 53,600 square feet in the building bringing the current vacancy rate to only 3.4% and increasing the rental rate 7.5% to approximately $23.50 per square foot.

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