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UPDATE: Pittsburgh's Select Top Office Leases for Q3 2012

November 15, 2012
The following is an account of the Pittsburgh market's select top EIGHT office lease transactions for the third quarter of 2012.

Ansys, Inc. leased 186,000 square feet at its new building, Southpointe II in the Washington County submarket. Jones Lang LaSalle represented the tenant, while Burns & Scalo Real Estate Services represented the landlord.

Highmark leased 57,248 square feet at Six PPG Place in Pittsburgh's CBD. Jones Lang LaSalle represented the tenant, while Highwoods Properties represented the landlord.

Software Engineering Institute leased 38,000 square feet at 6425 Penn Ave. in the Parkway East Corridor. Langholz Wilson Ellis represented the tenant, while CBRE represented the landlord.

Halliburton Energy renewed its 21,250-square-foot lease at 121 Champion Way in Washington County. Jones Lang LaSalle represented the tenant, while Horizon Properties represented the landlord.

Urish Popeck & Co. LLC renewed its 18,137-square-foot lease at Three Gateway Center in the Pittsburgh CBD. The tenant was represented by Grant Street Associates, Inc.

Harsco Metals America leased 16,987 square feet at One Adams Place in Butler County. The landlord was represented by Grant Street Associates, Inc.

EverPower Wind Holdings, Inc. leased 16,000 square feet at the Seagate Technology building in Pittsburgh's CBD. The landlord was represented by Grant Street Associates, Inc.

Earlier this year, Citizens Bank of Pennsylvania and RBS Citizens Bank NA renewed its 141,000-square-foot lease at Three Mellon Center in the Central Business District. The landlord was represented by Grant Street Associates, Inc.

Editor's Note: The news article was updated to include three additional lease deals signed in the third quarter that were not included in the original report: Ansys, Highmark, and Halliburton.

The information in this news report is based on CoStar’s Third Quarter 2012 Market Report, a 40+ page comprehensive research report available to CoStar subscribers. To learn more about quarterly research reports and other benefits available to CoStar subscribers, please call 888-226-7404.

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