Robotics Companies Love Pittsburgh and TechFlex
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Robotics Companies Love Pittsburgh and TechFlex

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 2020 Viewpoint
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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…

Questions to Ask When Rightsizing Your Office Space
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Questions to Ask When Rightsizing Your Office Space

Is it time for rightsizing? I’ve been thinking a lot about rightsizing lately. In just a few months, I will be turning (dare I say it out loud?) 57 years old. My children are grown and on their own. My husband and I both work full-time outside the home. In addition, my husband travels extensively…

Do options in a lease benefit the landlord or tenant?

Do options in a lease benefit the landlord or tenant?

Lease Options Options in a lease are beneficial to either the Landlord or the Tenant. Landlords want to provide the Tenant with as few options as possible to securitize the lease as strongly as possible. Many Landlords use their rent roll to securitize a refinance or sale. For instance, if a tenant has an option…

CRE Building Classification System

CRE Building Classification System

Building Classifications Part II: Explained BOMA’s CRE Building Classification System BOMA‘s metropolitan base lists three Commercial Real Estate Building Classifications in their classification system. In order to compare properties across international markets, landlords and property investors typically use a separate international base. However, the metropolitan base is used within a single office market. It is…

Commercial Real Estate Building Classification Part I

Commercial Real Estate Building Classification Part I

CRE Building Classification Standards When looking for new locations, tenants may come across buildings touted as “Class A”. Landlords also advertise properties as having “Class A finishes.” To an inexperienced buyer or renter, the meaning of this class distinction is a mystery. “Class A” sounds like a good grade. It’s better than a “Class D”…