Research Center - Pittsburgh

  • Yardi Matrix: Pittsburgh’s Transition

    With more than 10,000 units in different stages of development, the pipeline is likely to cool off, but not by much.

    07 February 2017 10:45
  • Yardi Matrix: Pittsburgh’s Slow Awakening

    Multifamily development in the metro is robust, with more than 10,300 units currently in the pipeline.

    24 October 2016 19:40
  • Dick’s Sporting Goods to Expand Headquarters on Publicly Owned Site in Findlay

    Dick's Sporting Goods is planning to expand its corporate footprint in Findlay Township. According to the Pittsburgh Business Times, the company has reached an agreement with the Allegheny County Airport Authority to lease 73 acres at the Northfield Commerce Park, where it considers the development of a new facility.

    20 June 2013 16:27
  • Chatham Lodging Trust to Acquire Pittsburgh Hyatt Place for $40M

    Chatham Lodging Trust has agreed to purchase the 178-room Hyatt Place Pittsburgh/North Shore near downtown Pittsburgh for $40 million. Scheduled for completion by June 17, the transaction is subject to customary closing requirements and conditions.

    12 June 2013 21:10
  • ANSYS to Establish New Headquarters at Southpointe II Business Park

    By Adriana Pop, Associate Editor Southpointe-based technology company ANSYS will establish a new headquarters at the Southpointe II Business Park, less than a mile away from its current 107,000 square-foot space. According to the Pittsburgh Business Times, the company has signed a 15-year lease for a new 186,000-square-foot building scheduled for completion in the fourth [...]

    20 September 2012 19:26
  • ERT to Acquire Biomedical Company Invivodata

    by Adriana Pop, Associate Editor Global technology company ERT purchased Pittsburgh-based biomedical company Invivodata, Inc. for an undisclosed amount. The acquisition positions ERT as a leader in Clinical Outcome Assessments. The transaction was facilitated by San Francisco-based private equity group, Genstar Capital LLC, which recently announced it has completed the acquisition of ERT. In June, [...]

    12 July 2012 15:20
  • Pittsburgh Penguins, University of Pittsburgh Plan for Sports Complex in Cranberry

    Adriana Pop, Associate Editor The Pittsburgh Penguins along with the University of Pittsburgh Medical Center (UPMC) are planning a joint practice rink and sports medicine complex in Cranberry. According to the, the proposed 150,000-square-foot complex would be located in the Summit of Cranberry Woods business park off Route 228, near Hilton Garden Inn. Penguins [...]

    07 July 2012 02:00
  • Impakt Development Nears Completion on School Conversion

    by Adriana Pop, Associate Editor The conversion of the historic Fifth Avenue School into a luxury apartment building is nearing completion. Located near the South Side, Downtown and Oakland, Pittsburgh’s newest loft project offers 65 large floor plans. The Pittsburgh Business Times reported that work began in 2010, and the first units would be turned [...]

    27 April 2012 22:10