Dana Bice

Rise Pittsburgh Market Viewpoint Q1 2021

Pittsburgh’s market is definitely straining under the weight of the economic difficulties resulting from the pandemic. Net Absorption rates are significantly in the negative and subleases are increasing substantially almost weekly, particularly in the Central Business District (CBD) and Southpointe. A number of developers are taking the risk and building, hoping for a quick rebound. …

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Pittsburgh Commercial Real Estate Viewpoint and COVID

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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