Login
Impact Awards

Battery maker's lease powers up Pittsburgh economy with jobs, investment

Lease of the year for Pittsburgh
EOS Energy Enterprises leased 150 Thorn Hill Drive. (Allan Battles/CoStar)
EOS Energy Enterprises leased 150 Thorn Hill Drive. (Allan Battles/CoStar)
By Leslie Trejo, Amanda Thomas
CoStar News
March 25, 2026 | 11:00 AM

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.

Founded in 2008, the company manufactures zinc-based battery energy storage systems and focuses on designing, sourcing and producing American-made zinc batteries.

All told, Eos Energy Enterprises is investing $353 million in the move and expects to create more than 1,000 jobs at its new facility.

For its economic impact, the 10-year lease was selected by a panel of local industry professionals as the winner of the 2026 CoStar Impact Award for lease of the year for Pittsburgh.

With the lease finalized and investment underway, Thorn Hill Industrial Park is expected to draw a new wave of manufacturing activity to the area and strengthen Pittsburgh's position in the growing energy storage sector.

About the project: Regional Industrial Development Corp. of Southwestern Pennsylvania, known as RIDC, is a private nonprofit that partners with community leaders on projects designed to spur economic growth. The organization partnered with Allegheny County to redevelop Thorn Hill Industrial Park, helping attract jobs and companies in the pharmaceutical and technology sectors that are driving economic activity in northern Allegheny County.

What the judges said: "This project will have a lasting impact on our region," said Patrick Sentner, executive vice president at Colliers.

"The EOS Energy deal in RIDC Thorn Hill Park is a transformative, market-defining transaction with its projected economic impact, scale and growth potential. The lease establishes Pittsburgh as a hub for next-generation clean energy manufacturing," added Adarryl Dreher, a director of capital markets at Cushman & Wakefield.

They made it happen: Senior Vice President Greg Hopkins and Senior Client Experience Coordinator Jennifer Battistone at JLL represented the tenant. Principal Richard Gasperini Jr., Vice President Mateo Villa and Associate Connor Jangro at Genfor Real Estate represented the landlord. President and CEO Izzy Rudolph at McKnight Realty Partners, which owns the industrial park, was also involved.

IN THIS ARTICLE


News | Battery maker's lease powers up Pittsburgh economy with jobs, investment