Outside investment has been strong the last three years in Pittsburgh. As new owners are entering the market, they are breathing new life into the old office product and helping Pittsburgh keep pace with modern real estate trends.
Out of the current 28 office renovation projects, 11 have been completed. Thus far, the Union Trust Building has benefited the most. With just 39% occupancy when purchased out of bankruptcy in 2014, today the Trophy Class building is seeing over 91% occupancy; a more than 133% increase.… Read More