<rss version="2.0" xmlns:ynewsrss="http://news.yahoo.com/rss.html"><channel><title><![CDATA[Pittsburgh Commercial Real Estate News From CoStar Group]]></title><link><![CDATA[http://www.costar.com/]]></link><description><![CDATA[CoStar Group, Inc. is the leading provider of information services to commercial real estate property investors and sales professionals in the United States and United Kingdom. CoStar's suite of services offers access to the most comprehensive database of commercial real estate information and commercial property listings available in its markets.]]></description><language><![CDATA[en]]></language><category domain="Yahoo"><![CDATA[Business/Real_Estate_and_Housing]]></category><ttl>15</ttl><image><title><![CDATA[CoStar Group, Inc.]]></title><link><![CDATA[http://www.costar.com/]]></link><url><![CDATA[http://www.costar.com/SharedFiles/Common/images/logos/CoStarGroup112.gif]]></url></image><item><title><![CDATA[In The Pipeline: CoStar Development & Construction News for June 16 - 22]]></title><link><![CDATA[http://www.costar.com/News/Article/In-The-Pipeline-CoStar-Development-Construction-News-for-June-16-22/149547?ref=/News/Article/In-The-Pipeline-CoStar-Development-Construction-News-for-June-16-22/149547&src=rss]]></link><description><![CDATA[Port of Seattle Taps Panattoni for 87-Acre Business Park
The Port of Seattle has chosen Panattoni Development Co., Inc. to develop the Des Moines Creek Business Park project on 87 acres south of Seattle-Tacoma International Airport. 

The Newport Beach, CA-based privately-held real estate development firm was picked from a field of four companies to develop a combination of airport-related commercial and light industrial uses at the project valued...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Tue, 18 Jun 2013 10:46:58 GMT]]></pubDate></item><item><title><![CDATA[CoStar's People of Note (June 9 - 15)]]></title><link><![CDATA[http://www.costar.com/News/Article/CoStars-People-of-Note-June-9-15/149473?ref=/News/Article/CoStars-People-of-Note-June-9-15/149473&src=rss]]></link><description><![CDATA[This week's People of Note includes the following markets: New York City, Northern New Jersey, St. Louis, Portland, and Tampa.
 
GLOBAL
Cushman & Wakefield Names Sant’Albano as Interim CEO, Replacing Rufrano 
By Paul Norman

Cushman &  Wakefield has named Carlo Barel di Sant’Albano as the interim CEO replacing Glenn Rufrano.  Sant’Albano will continu]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Fri, 14 Jun 2013 03:19:49 GMT]]></pubDate></item><item><title><![CDATA[Chatham Lodging Buying Hyatt Place in Downtown Pittsburgh]]></title><link><![CDATA[http://www.costar.com/News/Article/Chatham-Lodging-Buying-Hyatt-Place-in-Downtown-Pittsburgh/149442?ref=/News/Article/Chatham-Lodging-Buying-Hyatt-Place-in-Downtown-Pittsburgh/149442&src=rss]]></link><description><![CDATA[Hotel REIT Chatham Lodging Trust (NYSE: CLDT) said it plans to buy the 178-room Hyatt Place Pittsburgh/North Shore for $40 million in cash.

The Pittsburgh Hyatt Place opened in December 2010 and is located at 260 North Shore Drive in Pittsburgh’s North Shore neighborhood, next to PNC Park and Heinz Field. 

Following the acquisition which is expected to close this month, the hotel will be managed by Island Hospitality Management (IHM), a hotel...]]></description><author><![CDATA[CoStar Research <news@costar.com>]]></author><pubDate><![CDATA[Thu, 13 Jun 2013 01:04:30 GMT]]></pubDate></item><item><title><![CDATA[Home2 Suites Delivers in Pittsburgh]]></title><link><![CDATA[http://www.costar.com/News/Article/Home2-Suites-Delivers-in-Pittsburgh/149332?ref=/News/Article/Home2-Suites-Delivers-in-Pittsburgh/149332&src=rss]]></link><description><![CDATA[Home2 Suites by Hilton, located at 8600 Duncan Ave. in Pittsburgh, PA, has completed construction. The hotel is set to open to guests at the beginning of July.

The property is a four-story, 125,000-square-foot building located just eight miles from downtown Pittsburgh in the North Pittsburgh / Hwy 19 submarket.  The asset is owned by Adventure Champion Partnership in Selma, NC.

The hotel amenities will include fitness and laundry facilities...]]></description><author><![CDATA[David Parks <news@costar.com>]]></author><pubDate><![CDATA[Wed, 12 Jun 2013 04:32:53 GMT]]></pubDate></item><item><title><![CDATA[Market Trend:  Select Top Three Pittsburgh Retail Leases Signed in Q1 2013]]></title><link><![CDATA[http://www.costar.com/News/Article/Market-Trend-Select-Top-Three-Pittsburgh-Retail-Leases-Signed-in-Q1-2013/149313?ref=/News/Article/Market-Trend-Select-Top-Three-Pittsburgh-Retail-Leases-Signed-in-Q1-2013/149313&src=rss]]></link><description><![CDATA[The select top <a href="http://www.showcase.com/retail-space" target="_blank">retail lease</a> signed during the first quarter of 2013 in the Pittsburgh market was at 250-258 Mt. Nebo Pointe Rd. in the North Pittsburgh / Hwy 19 submarket.  Pat Catans leased 48,171 square feet there.  ECHO Real Estate Services represented the landlord.

Marshalls leased 25,012 square feet at 1500 W. Chestnut St. in Washington County.  Pennsylvania Real Estate Investment represented the landlord.

Langholz Wilson Ellis represented...]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Mon, 10 Jun 2013 03:34:57 GMT]]></pubDate></item><item><title><![CDATA[CoStar's People of Note (June 2 - 8)]]></title><link><![CDATA[http://www.costar.com/News/Article/CoStars-People-of-Note-June-2-8/149271?ref=/News/Article/CoStars-People-of-Note-June-2-8/149271&src=rss]]></link><description><![CDATA[This week's People of Note includes the following markets: South Florida, South Bay, New York City, Atlanta, Philadelphia, Texas, and the Southwestern U.S.
 
SOUTH FLORIDA
Balish Appointed to President, CEO at ARS 
By Justin Sumner

Adler Realty Services (ARS), a division of Adler Group, has appointed Christopher Balish as president and chief executive officer. In his new role, Balish will be responsible for overseeing a]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Fri, 07 Jun 2013 04:52:06 GMT]]></pubDate></item><item><title><![CDATA[PENN DOT Bldg Underway]]></title><link><![CDATA[http://www.costar.com/News/Article/PENN-DOT-Bldg-Underway/148924?ref=/News/Article/PENN-DOT-Bldg-Underway/148924&src=rss]]></link><description><![CDATA[The new PENN DOT building is underway in Clearfield Fireman's Commerce Park.

The building will be a two-story, 66,744-square-foot office that is set to be complete in July 2014. The building has direct frontage on Interstate 80.

Fiore Brothers of Altoona is handling the construction of the property.  The PA Dept. of Transportation owns the site.]]></description><author><![CDATA[David Parks <news@costar.com>]]></author><pubDate><![CDATA[Wed, 05 Jun 2013 04:07:29 GMT]]></pubDate></item><item><title><![CDATA[In The Pipeline: CoStar Development & Construction News for June 2 - 9]]></title><link><![CDATA[http://www.costar.com/News/Article/In-The-Pipeline-CoStar-Development-Construction-News-for-June-2-9/149109?ref=/News/Article/In-The-Pipeline-CoStar-Development-Construction-News-for-June-2-9/149109&src=rss]]></link><description><![CDATA[Nonresidential Construction Spending Boosted By Private Projects
The recovery in private nonresidential construction continued on a slow and steady track this spring according to new data from the U.S. Census Bureau, with construction spending rising in April from the previous month's disappointing number.

Total nonresidential spending rose by a modest 0.7% in April to a seasonally adjusted annual rate of $552.45 billion, but remains down 2.1...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 05 Jun 2013 06:48:19 GMT]]></pubDate></item></channel></rss>