ESG, or Environmental, Social and Governance, is all over social media. It seems as if everywhere I look, ESG is mentioned. Business leaders across multiple industries seem to be on or getting on the ESG bandwagon!
The Pittsburgh office market is alive and thriving. Here is our Viewpoint Pittsburgh Market Q2 2021. Tech, healthcare, and life sciences companies are thriving. Many of them are doubling and tripling in size and looking for office spaces that can not only allow them growth but significant amenities to recruit and retain top talent. The…
Most companies don’t realize that out of all operating expenses, real estate is the second-highest cost. Real estate tends to fall right behind human capital and is always a significant item on the balance sheet. Typically, companies don’t spend a lot of time evaluating their real estate. Nor do they necessarily understand the impact real…
The Rise Pittsburgh Viewpoint: 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…
New Clubhouse app is great for connecting, but where do you start? Learn more about Clubhouse and how to start building your network.
The Robotic Industries Association (RIA) defines robot as follows: “A robot is a reprogrammable, multifunctional manipulator designed to move material, parts, tools or specialized devices through variable programmed motions for the performance of a variety of tasks.” According to Statista, the global robotics market is expected to grow at a compound annual growth rate of around 26…
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…
Exis Partnership At Found Advisors, we like to think of ourselves as a team. We might be small in number, but we are a cohesive team that delivers exceptional service to each and every client. Being part of a team allows us to see different points of view, contribute to the best of our ability…
Common Area Maintenance (CAM) in all its mystery. First, let’s start with trying to define the common area. What is Common Area Maintenance? Common Areas can be lobbies, hallways, elevators, bathrooms, sidewalks, parking lots, landscaping, rooftop decks, shared amenities, and so on. These areas within a building enhance the feel or usefulness of a space….
Timing of the Cracker Plant and its role in commercial real estate Royal Dutch Shell is in the process of constructing a $6 billion petrochemical plant in Beaver county on the banks of the Ohio River. The facility, also known as a “cracker plant”, will take in oil and gas and break it into smaller…
The Commercial Real Estate Market Surrounding the Cracker Plant As mentioned before, Shell’s Ethane Cracker Plant in Beaver County has the potential to greatly impact the area. As we discussed with employment, the ripple effect from the plant will help lead to an uptick in manufacturers, industrial companies, oil and gas, logistics and supply chain….
employment impact of the cracker plant