Focusing on immunotherapy, cancer treatment and organ transplantation, the University of Pittsburgh is creating a hub to nurture and speed the development of new ideas and breakthrough technologies.

The work at 5000 Baum Blvd. will take place in an environment that combines research, innovation and entrepreneurship. The results could reinvent the way health care is delivered in such areas as transplantation, cancer and aging and chronic diseases... Read More.

More than a decade after community groups on Pittsburgh’s North Side began taking baby steps toward improving its image and raising the quality of life for residents, there are more vacant buildings and boarded-up store fronts than before lining its main retail corridor.

While it might appear things have taken a turn for the worse on East Ohio Street, looks can be deceiving... Read More.

Call it a tiny home within a home.

City planners call them “accessory dwelling units,” or ADUs — a secondary residence smaller than 800 square feet in an owner-occupied primary residence or separate building such as a garage.

ADUs could be a way to promote affordable housing for homeowners and renters in Garfield, says Rick Swartz, executive director of Bloomfield-Garfield Corporation (BGC). .. Read More.

Factory Unlocked has finalized a new location for its coworking space for makers and small-batch manufacturers that's expected to be the first of its kind in the region.

After a previous deal to buy the Burrell Scientific building in Uptown fell through last November, Bernie Lynch has reached a long-term lease deal to set up Factory Unlocked in a former warehouse property at 720 East LaCock Street along River Road on the North Side, where the new collaborative manufacturing center will soon be setting up its range of equipment and begin marketing to establish a membership.. Read More.

One of the most recognizable buildings in the Strip District — the one with the giant smiling fish on one side — is up for sale after plans to convert it into a 144-unit apartment complex fizzled.

CBRE began marketing the 336,000-square-foot former cold storage warehouse Tuesday on behalf of its owner, the Sampson Morris Group, which purchased the property for $2 million in 2008... Read More.

A new report finds that Pittsburgh tech companies received $687 million in investments in 2017, which is the highest for a single year in the past decade.

The review was conducted by the business consultant firm Ernst & Young, and Innovation Works, a technology investor that specializes in startups.

The report also found that last year the Pittsburgh region ranked 17th nationwide among the top 40 metro areas in per capita investment in tech firms... Read More.

The 179-acre former LTV Steel site in Hazelwood sat unused for almost two decades — even as other brownfield mill sites were redeveloped.

Rebecca Flora, founder of ReMake Group LLC, is glad it did.

“Thank goodness we did wait,” said Flora, who is leading the effort to market the redevelopment of the former Almono site now known as Hazelwood Green. “I think we should be very happy. It would have been unfortunate if we didn’t have this available to meet the needs of the emerging market.". .. Read More.

A development firm called Steel Street Capital Partners is pursuing a new riverfront residential project in the Strip District.

Oxford Development Co., working as the project developer for Steel Street Capital, is slated to propose a six-story development for a narrow plot of land next to the Cork Factory Lofts at 23rd and Railroad Street in the Strip before the Zoning Board of Adjustment at its regularly scheduled meeting on Thursday, according to agenda materials... Read More.
In an effort to keep our clients and colleagues informed about the Pittsburgh commercial real estate market, we send out a weekly email with the top news stories that affect you. Each day we sort through various industry publications and local news sources to narrow down the top articles that matter to the Pittsburgh commercial real estate investor.


For more information from a SVN-TRCA Agent please contact  724-918-4428  

SVN | Three Rivers Commercial Advisors is a leading commercial real estate investment brokerage firm located in Pittsburgh, Pennsylvania. SVN | Three Rivers Commercial Advisors provide best-in-class service to the commercial real estate community. Through an individualized approach and customized marketing strategy - SVN | Three Rivers Commercial Advisors strives to outperform its competition and deliver unprecedented value to our clients.

All SVN® offices are independently owned and operated.