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Xenia Hotels & Resorts, Inc., an Orlando, Florida-based hospitality real estate investment trust, purchased Fairmont Pittsburgh, a 185-key luxury hotel in downtown Pittsburgh for $30 million, or about $162,000 per key. The hotel investor acquired the 23-story hotel from PNC Financial Services, which had listed the property for sale since June. Located...
Construction the 146-unit Coda on Centre (pictured), located at 5765 Centre Ave. in Pittsburgh, was completed this past July. Even with Pittsburgh’s lagging economic growth and stagnant, aging...
Construction is currently underway on one of the largest speculative office projects within Pittsburgh’s Oakland submarket in recent years, which is a promising sign for an area where new office buildings...
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