Preliminary statistics show that total non-farm employment increased 1.2%, year-over-year, through October 2018.
Pittsburgh office market asking rates reached record levels in 2018 at $22.43 per-sq.-ft.
JMC Holdings purchased the 336,000 sq.-ft. former cold storage building in the Strip District. The property sits on a unique parcel that is outside of the new Riverfront Zoning (RIV) and has Golden Triangle (GT-B) zoning, enabling greater height and density than can be found elsewhere in the Strip District.
The construction pipeline reached a 3-year high at 1,064,770 sq. ft.