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April 3, 2026
Latest population growth trends favor Pennsylvania’s suburbs and exurbs
The latest Census estimates reveal distinct regional population growth trends across Pennsylvania. Rural counties are lagging due to limited economic opportunities. In contrast, affordable areas near employment hubs, such as York and Cumberland counties, are attracting more residents, both from costlier urban markets and those from rural areas seeking better job prospects.
March 26, 2026
Pittsburgh industrial building and fully entitled land site trades for $25.75 million
Becknell Industrial acquired a 150,000-square-foot industrial building at 2006 Broadhead Fording Road and the adjacent fully entitled land parcel at 217 Beechnut Drive totaling 9.2 acres in Pittsburgh.
March 26, 2026
Zions bank expands apartment lending business; Pittsburgh tower loan faces refinancing pressure; Rising rates squeeze those looking to refinance
This week's column examines how a Utah bank is expanding its multifamily lending, a landmark Pittsburgh tower facing maturity risk and rising rates hurting borrowers' ability to refinance. Read the entire piece by clicking "read more" below.
March 25, 2026
Redeveloped Brockway Glass Plant site looks to meet evolving needs of logistics firms
Developers Crossgates and Elmhurst Group transformed the nearly 20-acre, rail-served former Brockway Glass Plant site into a 100,000-square-foot distribution center designed to meet the evolving needs of logistics, electrical and light industrial users, with more space to come.
March 25, 2026
Battery maker's lease powers up Pittsburgh economy with jobs, investment
Battery maker Eos Energy Enterprises signed a 432,203-square-foot lease at the RIDC Thorn Hill Industrial Park, marking the largest new industrial lease at an existing building in the Pittsburgh area in more than a decade.
March 25, 2026
Sale of I‑79 campus marks one of Pittsburgh’s largest industrial deals in years
The $53.5 million sale of the 79 North Industrial & Research Park marks the largest industrial property transaction by dollar value in the Pittsburgh market in recent years. The six-building, 397,440-square-foot property in Sewickley, Pennsylvania, was long considered a bellwether for the region, signaling renewed momentum in local investment activity.
March 18, 2026
Cumberland Farms to expand in Pittsburgh region with convenience store deal
Cumberland Farms, a convenience store operator in New England and New York state, aims to expand southward with its agreement to acquire a smaller chain.
March 17, 2026
Smaller retail spaces claim growing share of Pittsburgh leasing
The volume of new retail leases in Pittsburgh has increased in recent quarters. However, new-to-market deals are skewing smaller as consumer spending shifts toward service-oriented retailers, which typically occupy smaller footprints.
March 9, 2026
Denny’s completes $145.5 million sale‑leaseback following sale to private ownership
Central to the deal to take Denny’s private this year was a $145.5 million sale‑leaseback involving 69 properties sold by the restaurant chain to Essential Properties Realty Trust, a publicly traded REIT specializing in long‑term net‑lease assets occupied by middle‑market operators across the U.S.
March 5, 2026
Pittsburgh apartment rent growth holds firm despite rising supply pressures
Apartment rents in Pittsburgh posted solid gains in February, marking the third consecutive month of growth.
March 5, 2026
New York Life expands into loan servicing; Pennsylvania office campus for sale following default; New Louisiana tower owner refinances debt
This week's column examines New York Life Insurance Co. forming a new business unit to service distressed loans, a Pennsylvania office campus that could be sold following a loan default and a newly financed New Orleans office tower. Read the entire piece by clicking "read more" below.
February 27, 2026
RLJ credits success in urban markets, renovated hotels for 'highly productive 2025'
The numbers will show negative comparisons to the previous year for RLJ Lodging Trust in its fourth-quarter and full-year 2025 results, but executives say its performance was better than expected thanks to the success of its hotels in urban markets and completed renovations.
February 27, 2026
Top dealmakers in Pittsburgh named CoStar Power Brokers
Meet the top commercial real estate firms and brokers in the Pittsburgh market who have been recognized as CoStar Power Brokers for their exceptional dealmaking.
February 12, 2026
Top property sales recognized for Pittsburgh
A prominent multifamily deal handled by Berkadia and CBRE and an industrial disposition arranged by CBRE are among the top fourth-quarter property sales recognized by CoStar.
February 12, 2026
Top office leases recognized for Pittsburgh
Prominent office leases signed by Clark Hill and Aires negotiated by top dealmakers from CBRE and JLL are among the fourth-quarter office leases recognized by CoStar.
February 12, 2026
Top industrial leases recognized for Pittsburgh
Prominent industrial leases signed by Eos Energy, Intervala and Lowe’s negotiated by top dealmakers from Genfor Real Estate and JLL are among the fourth-quarter industrial leases recognized by CoStar.
February 12, 2026
Top retail leases recognized for Pittsburgh
Prominent retail leases signed by Reed Building Supplies, Sierra Trading and TJ Maxx negotiated by top dealmakers from SVN | Three Rivers Commercial Advisors and Echo Realty are among the fourth-quarter retail leases recognized by CoStar.
January 30, 2026
Investment accelerates across commercial sectors in Pittsburgh
Commercial real estate sales in Pittsburgh reached one of the highest totals over the past decade, totaling $2.4 billion in 2025.
January 20, 2026
Regional banks went quiet on commercial property loans. They’re turning up the volume again.
Major U.S. regional banks are projecting renewed growth in commercial real estate lending after years of reducing risk, citing lower interest rates and credit quality stabilizing across properties.
January 9, 2026
Macy’s identifies next 14 stores it plans to shut down
Macy’s is kicking off the new year by identifying the next round of underperforming stores it plans to close, 14 across a dozen states, as it executes its turnaround strategy.