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05/17/2012 10:00 AM - The $28 million project is set for completion in summer of 2013.
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05/16/2012 10:00 AM - The deal is the largest, single building purchase in Harlem this year.
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05/15/2012 10:00 AM - The famous hotel and landing spot for the elite has been purchased by an affiliate group.
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05/08/2012 10:00 AM - The 80-year old clothing retailer plans an expansion at the Norton site.
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05/02/2012 10:00 AM - With signs of renewed growth, Cabot Properties completes the deal.
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05/01/2012 10:00 AM - The communication giant also adds additional square footage to complete the renewal agreement.
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| Pittsburgh has an estimated population of 311,700 and is the second-largest city in Pennsylvania. Though the city is relatively small, it carries significant economic influence, as Downtown Pittsburgh is ranked 25th in the nation for jobs within the urban core and 6th in job density. Pittsburgh is often referred to as “Steel City,” as Pittsburgh’s geographical and economic growth can be attributed to its thriving steel industry throughout the 1970s. As the steel industry collapsed, Pittsburgh’s economy evolved, and is now dominated by high technology sectors including robotics, health care, nuclear engineering, and biomedical technology. Pittsburgh is currently home to over 1,600 technology companies including Google, which operates a 115,000 square foot office in a former Nabisco factory. Pittsburgh’s real estate market was able to thrive regardless of economic conditions in the past five years, during which sales prices have appreciated a staggering 17%. When compared with the majority of local markets, which have experienced declines in value, it is clear that Pittsburgh’s real estate market is extremely stable. Some popular neighborhoods in Pittsburgh are Mount Lebanon, Southside Flats, Shadyside, Mount Washington, Brighton Heights, and Central North-side. Start browsing our extensive property inventory for sale at Houses.com and find your next Pittsburgh home. |
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