Pittsburgh, PA

CBRE Arranges Five Leases at 1M-SF One Oxford Centre in Downtown Pittsburgh

July 18, 2025

A rendering of the lobby inside One Oxford Centre

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CBRE has arranged five office lease renewals totaling over 90,000 square feet at One Oxford Centre, a 1 million-square-foot, Class A, office tower in Downtown Pittsburgh. The lease renewals were finalized within 60 days after Rugby Realty’s affiliate purchased the tower from Shorenstein Properties in March 2025.

CBRE’s Jeremy Kronman and Andrew Miller represented Rugby in the lease negotiations. CBRE is also responsible for the management of the landmark property.

The lease renewals include Wells Fargo, Marcus & Shapira, Spillman, Battle Thomas and Pietragallo, Gordan, Alfano, Bosniak & Raspanti. Ownership has committed to a series of multimillion-dollar renovations, including lobby upgrades with hospitality-focused common spaces & furnishings, escalator replacements, a new main lobby bar, a fifth-floor outdoor deck and event space, a conference and tenant innovation center, smart parking systems in the 840-space parking garage, refreshed outpost plazas, and a dedicated tenant reading room. Tenants also now enjoy the ability to use meeting & event facilities located at other properties owned by Rugby’s affiliates throughout the region.

“We are committed to continuing to upgrade and enhance this Gold LEED® trophy office tower to be the premier office location in Western Pennsylvania,” said Daniel Stauber, Managing Principal, Rexxhall Realty. “In the 60 days since we acquired this asset, we have multiple architectural and engineering firms designing, planning, drawing and permitting what our combination of both national and Pittsburgh experiences believe are the best-in-class amenities and best practices in any Class A-plus office buildings in the U.S.”

The 45-story tower is located at 301 Grant St. in Pittsburgh's central business district, minutes northeast of Interstate 376 and the Monongahela River. Additional tenants include PricewaterhouseCoopers, Federal Home Loan Bank, JP Morgan Chase, the Federal Reserve, Clark Hill, and TriState Capital Bank.

“Our firm came to One Oxford Centre 40 years ago, during Renaissance II,” said John Marcus, Principal, Marcus & Shapira. “That history means a lot to us. Our lawyers and staff enjoy coming to work here. Our clients love to visit. We believe in our landlord’s vision for the building, and we believe in downtown Pittsburgh.”

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.