Pittsburgh
Summit Closes $163M Portfolio Deal
Acquired from Xenia Hotels, the five properties include four adaptive-reuse buildings. The assets are located in Fort Worth, Kansas City, Mo., Pittsburgh and Baltimore.
Marriott Breaks Ground on Pittsburgh Hotel
The four-story property will be situated adjacent to the Harrisburg International Airport and other major attractions, which is creating a strong demand for leisure and business travelers.
Residence Inn by Marriott Expands in Pittsburgh
The 144-key Residence Inn Pittsburgh Oakland/University Place will be operated as a Marriott franchise and owned by MWK Forbes II.
Marriott Opens New Pittsburgh Hotel
The 109-key hotel is located in the McCandless Crossing, an open-air lifestyle center about 10 miles north of Pittsburgh. AdVenture Development LLC owns the six-story hotel.
Carnegie Robotics Named Top Industrial Renovation
NAIOP honored the project for transforming a Pennsylvania steel mill into a high-tech facility.
Yardi Matrix: Pittsburgh’s Transition
With more than 10,000 units in different stages of development, the pipeline is likely to cool off, but not by much.
PREIT Sells Last 2 Non-Core Malls for $49M
Since 2013, the company has disposed of 16 lower productivity malls, as well as other non-core properties, generating $720 million in gross proceeds.
CBRE Global Purchases Prime Pittsburgh High-Rise
Liberty Center, a 529,300-square-foot tower, marks the company’s first foray into the Steel City office market.
Re/Max Expands Pittsburgh Footprint with 2 New Offices
The Beaver office will be operational before the end of the year, with the Lawrenceville office following shortly after the new year.