Pittsburgh

Is Pittsburgh’s CBD a Tenant’s Market?

  Is the CBD in Pittsburgh a tenant’s market? A ‘tenant’s market’ is a term used to describe a real estate market. In a tenant’s market, tenants hold the upper hand over landlords during negotiation. This can occur when vacancy rates rise in a certain area. When vacancies increase, landlords provide tenants with incentives that …

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Timing of the Cracker Plant and its role in commercial real estate

Timing of the Cracker Plant and its role in commercial real estate Royal Dutch Shell is in the process of constructing a $6 billion petrochemical plant in Beaver county on the banks of the Ohio River. The facility, also known as a “cracker plant”, will take in oil and gas and break it into smaller …

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The Commercial Real Estate Market Surrounding the Cracker Plant

The Commercial Real Estate Market Surrounding the Cracker As mentioned before, Shell’s Ethane Cracker Plant in Beaver County has the potential to greatly impact the area. As we discussed with employment, the ripple effect from the plant will help lead to an uptick in manufacturers, industrial companies, oil and gas, logistics and supply chain. General …

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