7± ACRE SITE 6 INDUSTRIAL BUILDINGS 3005 55,500 TOTAL SQUARE FEET LOCATED IN THE NEVILLE ISLAND/ GRAND AVENUE PARKWAY WEST INDUSTRIAL CORRIDOR NEVILLE ISLAND | , PA 15225 NEAR PITTSBURGH INTERNATIONAL AIRPORT

FOR SALE: INDUSTRIAL INVESTMENT REDEVELOPMENT OPPORTUNITY

01 | PROPERTY OVERVIEW

1 2

3 FUTURE SHELL PROPERTY OVERVIEW CRACKER PLANT

Great redevelopment site on Neville Island, located less than two miles from Interstate 79. This property features six (6) buildings situated on nearly seven acres of flat land. The site currently functions as a light-industrial building, ideally suited for various uses including contractor operations, light manufacturing, warehousing, and vehicle/ equipment maintenance. The property offers clear-span warehouse/shop space and fully conditioned office space. 3005 Grand Avenue This opportunity gives an investor an exclusive opportunity to acquire a 7-acre site in the heart of Neville Island with over 500 feet of frontage on Grand Avenue. This coveted location has been an industrial epicenter for over 100 years in and of Pittsburgh’s rich steel industry. This is an incredibly rare opportunity to own a piece of Neville Island that will only continue to appreciate with time. The property is located directly off of I-79 (the main North and South highway system running through Pennsylvania), and just minutes from Pittsburgh’s CBD, adjacent to the Parkway West premium office corridor and Pittsburgh International Airport. PITTSBURGH CBD PROPERTY DETAILS

SITE DESCRIPTION UTILITIES 3005 Grand Avenue Allegheny Power and Duquesne Light - ELECTRICITY LOCATION Neville Township 480v 3p Heavy Power Allegheny County, Pennsylvania NATURAL GAS Columbia, Equitable and Peoples SITE AREA 6.93 total acres

Three (3) parcels: WATER PA-American, Local Municipal Authorities 3005 Grand Ave: 212-L-90 (1.14 acres); BLOCK AND LOT NO. 2983 Grand Ave: 212-M-395 (2.97 acres); 2901 Grand Ave: 212-R-3 (2.82 acres) SEWER ALCOSAN, Local Municipal Authorities PRESENT USE Light Industrial Facility

ON-SITE IMPROVEMENTS Six (6) buildings of various size and configuration INCENTIVES

TOTAL BUILDING SF Total 55,500 square feet Designated Opportunity Zone Property

FRONTAGE Over 500 feet of frontage along Grand Avenue Rail spur can be added – Pittsburgh & Ohio Central ACCESSIBILITY Railroad (short-line)

FOR SALE $3,500,000 3

02 | LOCATION OVERVIEW

NEVILLE ISLAND NEVILLE ISLAND/PARKWAY WEST PITTSBURGH OFFICE HEADQUARTERS

3005 Grand Avenue

PENN CENTER WEST

The Parkway West Corridor is the largest and most popular office submarket in the Pittsburgh region. Tenants prefer this submarket due to ease of access, proximity to the Pittsburgh International Airport, nearby affluent suburbs and abundance of amenities. Major regional and national corporate headquarters located in the corridor include: FedEx Ground, Dick’s Sporting Goods, Chevron, Corporation, Thermo , Comcast, PNC Bank, Verizon, Computer Associates, Lanxess Corporation and Cigna. 5 ROBINSON CROSSROADS ROBINSON TOWN CENTRE THE MALL AT ROBINSON ADDITIONAL RETAIL AND RESTAURANTS

AMPLE RETAIL AMENITIES MINUTES AWAY

The Parkway West Retail Market is one of Pittsburgh’s largest and most dominant retail markets with a GLA of over 6,820,700 square feet of space.

3005 Grand Avenue

66,000 CPD

POINTE AT NORTH FAYETTE SETTLERS RIDGE RESTAURANTS WITHIN 1 MILE SAM’S CLUB RADIUS OF PENN CENTER WEST

WAL-MART SUPERCENTER AREA MAP AND DISTANCES TO MAJOR POINTS OF INTEREST

FUTURE SHELL CRACKER PLANT

3005 Grand Avenue

KEY DISTANCES

Interstate 79 On-Ramp 0.8 Miles ± 2 Minutes Pittsburgh CBD 11 Miles ± 24 Minutes Pittsburgh Int’l Airport 11.2 Miles ± 20 MInutes Future Shell Cracker Plant 23 Miles ± 38 Minutes

7

03 | MARKET OVERVIEW CBRE Econometric Advisors Industrial Outlook Pittsburgh

Q2 2018

Pittsburgh - Overview Pittsburgh

The population of the Pittsburgh area stands at 2.34 million, 32nd largest of the industrial markets The Pittsburgh market is defined as CBRE EA tracks. The average per capita income (according to recent data from Moody's Allegheny, Armstrong, Beaver, Butler, Fayette, Washington and Economy.com) is estimated to be $54,706 - approximately 5% above the national average. Total Westmoreland counties in employment stands at 1.19 million workers. Pennsylvania.

Key Statistics Level Rank 1-Quarter Change Metro All Mkts Population (mil.) 2.34 32 Total Employment Growth Total Employment (mil.) 1.19 29 Manufacturing Emp. Total Inventory (msf) 172.7 39 Distribution Emp. Manufacturing 54.2 23 Completion Rate WarehousePITTSBURGH INDUSTRIAL 96.6MARKET 40OVERVIEW Under Construction R&D 19.2 28 Absorption Rate Capital Markets Summary Availability Rate (%) 8.9 52 Availability Rate TW Rent Index ($/sf) 6.30 29 TW Rent Inflation Pittsburgh CBRE EconometricU.S. Advisors Industrial Market Forecast Volume ($ mil, U.S.: $ bil) The short-termIndustrial forecast calls for an overall Outlook decline in manufacturing and distribution workers. 32

Total net absorption is forecasted to be a positive 2.2 million square feet, out-pacing supply during 14.1 the same period. By year-end 2019, the availability rate is expected to be 8.4% while rents are 23 Pittsburgh 12.2 forecasted to grow - reaching $6.56 compared to current market rents of $6.30. 2Q '17 2Q '18 2Q '17 2Q '18

Q2 2018 Pittsburgh Forecast Summary: Q2 2018 # Properties Demand Supply Performance Pittsburgh - Overview Pittsburgh

New Jobs Net Absorp Absorp Deliveries Compl Avail TW Rent Rent 2 2 932 The populationMfg of Distributionthe Pittsburgh(sf area x 1000) standsRateat (%)2.34(sf million, x 1000) 32ndRate largest (%) Rateof the (%) industrial($/sf) marketsInfl (%) The Pittsburgh market is defined as 2017PITTSBURGHCBRE EA300 -tracks. OVERVIEWThe800average per-367 capita-0.2 income (according767 to0.5recent8.8 data from6.23 Moody's7.1 Allegheny, Armstrong, Beaver,892 Butler,2Q '17Fayette, 2Q '18Washington2Q '17 and 2Q '18 2018FTheEconomy.com) population100 of the Pittsburghis estimated-100 area standsto be at 2.34$54,706912 million, 32nd - approximately0.6 largest of the industrial6535% above markets0.4 CBRE the nationalEA8.6 tracks. The average.6.39 average perTotal 2.6capita income (according to recent data from Moody’s Economy.com) is estimated to be $54,706 - approximately 5% above the national average. Westmoreland counties in Q1Totalemployment employment200 stands at at1.19-400 1.19 million million workers. workers.380 0.2 160 0.1 8.6 6.26 0.5 Pennsylvania.Price per Square Foot ($) Q2 200 100 -439 -0.3 12 0.0 8.9 6.30 0.6 12-mo. rolling avg. Key Statistics Level Rank 1-Quarter Change Metro All Mkts Q3F -200 100 688 0.4 375 0.2 8.7 6.37 1.1

Population (mil.) 2.34 32 Total Employment Growth 91 Q4F -100 100 283 0.2 106 0.1 8.6 6.39 0.3 69 Total Employment (mil.) 1.19 29 Manufacturing Emp. 56 2019F -1,400 0 1,259 0.8 1,012 0.6 8.4 6.56 2.7 86 Total Inventory (msf) 172.7 39 Distribution Emp. Historical Performance (1980 - Present) 2Q '17 2Q '18 2Q '17 2Q '18 Manufacturing 54.2 23 Completion Rate Min -26,900 -6,500 -6,294 -5.5 169 0.1 7.3 2.08 -26.9 Cap Rate (%) Warehouse 96.6 40 Under Construction Max 6,800 3,800 10,643 9.0 2,454 1.6 28.5 6.30 23.6 12-mo. rolling avg. R&D 19.2 28 Absorption Rate Capital Markets Summary Mean -3,500 100 1,177 1.0 1,001 0.7 16.2 4.35 2.7

Availability Rate (%) 8.9 52 Availability Rate 7.5 6.6

Historical minimum, maximum, and average values for each variable are provided to put current 6.3 TW Rent Index ($/sf) 6.30 29 TW Rent Inflation Pittsburgh 5.9 market performance in perspective. The time period from which these values are calculated is 2Q '17U.S. 2Q '18 2Q '17 2Q '18 1980 (or the earliest year of available data) to the current year. CBRE EA expects net absorption to beIndustrial higher than Market long-term Forecast averages during the forecast, though still below historical peaks. Source:Volume ($Real mil, Capital U.S.: $ bil)Analytics, Inc. Transactions $5 million and greater

The short-term forecast calls for an overall decline in manufacturing and distribution workers. 32

Total net absorption is forecasted to be a positive 2.2 million square feet, out-pacing supply during 14.1 Copyrightthe same© 2018,period. CBRE, Inc.By year-end 2019, the availability rate is expected to be 8.4% while rents are 23 12.2

forecasted to grow - reaching $6.56 compared to current market rents of $6.30. 2Q '17 2Q '18 2Q '17 2Q '18

Pittsburgh Forecast Summary: Q2 2018 # Properties Demand Supply Performance

New Jobs Net Absorp Absorp Deliveries Compl Avail TW Rent Rent 2 2 932 Mfg Distribution (sf x 1000) Rate (%) (sf x 1000) Rate (%) Rate (%) ($/sf) Infl (%)

2017 300 800 -367 -0.2 767 0.5 8.8 6.23 7.1 892 2Q '17 2Q '18 2Q '17 2Q '18 2018F 100 -100 912 0.6 653 0.4 8.6 6.39 2.6 Q1 200 -400 380 0.2 160 0.1 8.6 6.26 0.5 Price per Square Foot ($) Q2 200 100 -439 -0.3 12 0.0 8.9 6.30 0.6 12-mo. rolling avg.

Q3F -200 100 688 0.4 375 0.2 8.7 6.37 1.1 91 69

Q4F -100 100 283 0.2 106 0.1 8.6 6.39 0.3 56

2019F -1,400 0 1,259 0.8 1,012 0.6 8.4 6.56 2.7 86 Historical Performance (1980 - Present) 2Q '17 2Q '18 2Q '17 2Q '18 Min -26,900 -6,500 -6,294 -5.5 169 0.1 7.3 2.08 -26.9 Cap Rate (%) Max 6,800 3,800 10,643 9.0 2,454 1.6 28.5 6.30 23.6 12-mo. rolling avg.

Mean -3,500 100 1,177 1.0 1,001 0.7 16.2 4.35 2.7 7.5 6.6

Historical minimum, maximum, and average values for each variable are provided to put current 6.3 market performance in perspective. The time period from which these values are calculated is 5.9 2Q '17 2Q '18 2Q '17 2Q '18 1980 (or the earliest year of available data) to the current year. CBRE EA expects net absorption to be higher than long-term averages during the forecast, though still below historical peaks. Source: Real Capital Analytics, Inc. Transactions $5 million and greater

Copyright © 2018, CBRE, Inc. PITTSBURGH INDUSTRIAL MARKET OVERVIEW

INDUSTRIAL MARKET FORECAST Total net absorption is forecasted to be a positive 2.2 million square feet, out-pacing supply. By year-end 2019, the availability rate is expected to be 8.4% while rents are forecasted to grow – reaching $6.56 compared to current market rents to $6.30.

INDUSTRIAL EMPLOYMENT Distribution and manufacturing employment are the primary determinants of demand. We define “distribution employment” as all of the wholesale sector plus transportation (trucking and warehousing). The latest estimates of distribution and manufacturing employment for PittsburghQ2 2018 are 59,800 workers and 86,400 workers, respectively. Over the last 12 months distribution employment has grown by 0.2% and manufacturing employment has grown by 1.2%. Pittsburgh Industrial Market Characteristics Market Trends PITTSBURGH INDUSTRIAL MARKET CHARACTERISTICS The properties that comprise the industrial market in Pittsburgh are those industrial properties 10,000 square feet or larger. The table Completions vs. Net Absorption below gives a summary of the existing, competitive industrial space in the Pittsburgh industrial market.

PittsburghPITTSBURGH Industrial INDUSTRIAL Market MARKET Statistics CHARACTERISTICS by Building Type

Availability Rate vs. Rent Inflation

PITTSBURGHPittsburgh ANNUAL Annual HISTORY History & FORECAST & Forecast During the 2018-2023 time period, new supply is expected to average 789,200 square feet, while net absorption is expected to average 962,200 square feet, out-pacing new supply. Availability rates are expected to improve to 8.0%, while rents are forecasted to rise to $7.31. Pittsburgh Annual History & Forecast: 2006 - 2023 10 Pittsburgh vs. All Markets History Completion Rates (%) Availability Rates (%) Forecast

Rent Inflation (%)

Data as of 2nd Quarter 2018 ENERGY MARKET

Beaver County is about to become home to Shell Oil’s newest domestic project, a $4 billion dollar ethane cracker plant, approximately six miles from 3005 Grand Avenue. The economic impact will radiate up to 150 miles from the plant and will create a multi-billion dollar economic influence for the region. The job growth and economic impact of this facility will have a tremendous positive effect on Beaver, PA. There will be approximately 6,000 construction jobs created throughout the construction process and 600 permanent jobs post- construction. The Natural Gas sector has the largest “job multiplier effect” in the business. There will be approximately 15 ancillary jobs created per permanent position at the cracker plant. The Marcellus Shale industry has clearly focused in on Beaver County as the perfect location to build the first cracker plant in the U.S since 2000 and the only facility ever built outside of the Gulf Region.

The Beaver County cracker will consume about 105,000 barrels of ethane per day. Shell said it has signed supply contracts with 10 operators – its anchors are Antero Resources, Ascent Resources Utica, , Eclipse Resources, Hilcorp The future Shell Cracker Plant Energy, Noble Energy and Penn Energy Resources. Each year, the facility will pump out about 1.6 million tons of polyethylene in small balls or pellets that will be sold to clients to mold into products.

CRACKER PLANT

PROPERTY SHELL CHEMICALS PETROCHEMICAL FACILITY - BEAVER COUNTY PA

6000 600 CONSTRUCTION JOBS PERMANENT JOBS

1000 000 INDIRECT JOBS INDIRECT JOBS

2016 2021 DEMAND FOR CONSTRUCTION BEGAN PLANT OPERATIONS TO BEGIN POLYETHYLENE BASED-PRODUCTS IS FORECASTED TO GROW 4% ANNUALLY OVER THE NEXT 5 YEARS

16 MILLION $ BILLION METRIC TONS OF IN ECONOMIC PITTSBURGH POLYETHYLENE ACTIVITY REGION IS WITHIN ANNUALLY ANNUALLY 500 MILES OF THE MAJORITY OF POPULATION CENTERS IN NORTH AMERICA

ETHANE CRACKING PROCESS

REMOE SHALE ETHANE ETHYLENE POLYETHYLENE EERYDAY HYDROGEN GOODS 12 SPOTLIGHT ON PITTSBURGH

FIVE KEY SECTORS BALANCE OUR ECONOMY

Finance & Business Services DID YOU KNOW? Energy PARKWAY WEST Advanced Manufacturing 72.4K HIGH-TECH JOB GROWTH 12 MONTH NET ABSORPTION IN Healthcare & Life Sciences SQUARE FEET RANK MARKET 2016

Information Technology 1 SAN FRANCISCO 39.4% URBAN MILLENNIALS

Source: Pittsburgh Regional Alliance 2 CHARLOTTE 31.6% 3 PITTSBURGH 31.4% 24.9% of Pittsburgh’s urban population 4 INDIANAPOLIS 27.8% is young and educated 5 PHOENIX 25.4% 2ND HIGHEST OF ALL U.S. CITIES

6 AUSTIN 22.9%

#1 7 LOS ANGELES 20.0% BEST CITY FOR JOBS 8 SEATTLE 19.4% PITTSBURGH HAS OVER 95K JOB OPENINGS 9 ST. LOUIS 18.8% AND HIGH JOB SATISFACTION 10 NEW YORK 18.7% GLASSDOOR Source: CBRE Research 13 The area’s region boasts more than 7,200 high-tech firms making it the fifth largest technology hub in the nation. These high-tech firms employ more than 207,000 individuals and account for 17.5% of the area’s overall workforce. The $10.8 billion total annual payroll of technology and related companies represents more than 24% of the region’s wages. Since the city obtained its reputation for being a world-renowned organ transplantation center, there has been significant growth of fresh commercial ventures that are engaged in a widening list of life sciences disciplines (such as medical instruments and devices, cell research, tissue engineering and biomedical informatics). There are 3,200 life sciences firms throughout the Pittsburgh region employing more than 117,000 people with a total annual payroll in excess of $5.8 billion.

Since the decline of the 1980’s, the payroll for the manufacturing companies in the Pittsburgh region has steadily grown and returned to over $1 billion. Pittsburgh is home to two of the biggest research universities in the region: Carnegie Mellon University and University of Pittsburgh – this accounted for 98% of the region’s R&D expenditures in 2004. The University of Pittsburgh has accounted for 68% of total spending (Medical and Engineering) and Carnegie Mellon accounted for nearly 30% of total expenditures (Robotics and Computer Science).

One of Pittsburgh’s leading industries is healthcare, which ranks third in the number of jobs provided to area residents. “Medicine City” would describe Pittsburgh more accurately in this day and age as the University of Pittsburgh Medical Center and the Allegheny Health Network both employ over 40,000 people.

MAJOR EMPLOYERS FORTUNE 500 PITTSBURGH HEADQUARTERS

Top 5 Employers in the Pittsburgh MSA 1. UPMC #1 2. University of Pittsburgh BEST CITY FOR JOBS 3. Federal Government PITTSBURGH HAS OVER 95K JOB OPENINGS 4. PNC Bank AND HIGH JOB SATISFACTION 5. Western Penn Allegheny Health GLASSDOOR TECH ACCELERATORS In an effort to further promote and develop the technology rich atmosphere of 79% Pittsburgh, many technology accelerators have been established and begun to flourish HIGH-TECH in the asset rich environment. Having taken various forms to fill special niches in this ever evolving landscape, the accelerators act as a launch pad, providing physical and WORKFORCE financial resources, to take products and ideas from their infantile stages to full-fledge, GROWTH FROM viable offerings. Alphalabs (www.alphalab.org), one of the pioneers in the Pittsburgh 2008 TO 2017 accelerator market, takes its participants through a 20-week program designed to navigate the path to product and build market traction along the way. Groups receive seed funding to invest toward their end goal, as well as access to mentors and advisors, office space, networking and Innovation Works, a capital platform pairing entrepreneurs and investors with a focus on regional economic impact. $687M+ WAS INVESTED IN PITTSBURGH TECH INVESTMENT TECHNOLOGY COMPANIES IN 2017 Through August of 2015 twice as many corporate companies have invested in Pittsburgh technology firms over 2014. Of note was Hearst Ventures participation in Acrobatiq’s, a Carnegie Mellon developer of courseware software for application in higher education, $9.95M equity raise. NEARLY In addition to corporations, venture capitalist continue to invest in the technology bred $10B in Pittsburgh. In 2014, VCs pledged more than double the amount ($338M) put up IN RESEARCH in 2013 ($138M). Such investments include $41M by Massachusetts-based Castanea FUNDING WAS Partners in Bain Capital Ventures backed 4moms, a maker of infant products, and Boston-based Volition Capitals $15M investment in The Resumator, a software ATTRACTED BY company designing product to screen job applicants. PITT, CMU, AND Many of these investing companies bring additional resources, like industry partners DUQUESNE OVER and access to technology veterans that offer their startups a unique advantage over THE PAST DECADE the competition.

To date, tech firms are attracted to Pittsburgh due to its low cost of living and high quality graduating students. Tech jobs represent 3.9% of Pittsburgh’s labor market, while the tech labor pool has grown 21.2%. The average wage for a tech worker in $250M Pittsburgh is $83,100. WAS GIVEN TO CMU IN 2017 TO LAUNCH A SECOND ROBOTICS INSTITUTE PITTSBURGH’S TECH LABOR FORCE CONTINUES TO GROW AT A FASTER RATE THAN IN OTHER SMALL MARKETS, – CBRE’S 2018 SCORING TECH TALENT REPORT, JULY 2018 15 CYBERCRIME

In the digital era, cybercrime has become a rapidly increasing means for individuals, organizations and foreign governments to exact their ill will in hopes of remaining hidden behind the cloak of online secrecy. With a forced hand, those who patrol and police these technological environments have been tasked with continually playing catch-up in order to stay on the heels of cyber criminals. Perhaps no other place in the county, outside of the government labs centered around Washington, DC, has this game of cat and mouse played out more than in Pittsburgh.

Pittsburgh has become home to several nationally laboratories invested in tracking, monitoring, adapting and innovating the highly sensitive data and communications contained in the worlds virtual marketplace. Of note is the National Cyber Forensic and Training Alliance Center (NCFTA), a nonprofit based in the South Oakland neighborhood at the foot of Carnegie Mellon and University of Pittsburgh. The NCFTA, together with the FBI Task Force were instrumental in the takedown of Darkode.com cybercrime bazaar. The takedown, in conjunction with international partners, resulted in 70 warrants being issued globally.

SELF DRIVING CARS & MOON LANDINGS

Highlighting the diversity of tech pursuits in Pittsburgh are Uber’s driverless car technology and Astrobotic Technology’s moon rover. While both focused on smart navigation technology – they are operating worlds apart. Uber (www.uber.com), founded in 2009 in San Francisco as an alternative to the tired taxi for hire model, announced a partnership with Carnegie Mellon University in February 2015 to form the Uber Advanced Technology Center. The mission: to support pioneering research and development in the self- driving vehicle field. Staffed by a group of senior researchers from Carnegie Mellon’s National Robotics Engineering Center, Uber is well positioned to make a splash in the autonomous technology sector which is predicted to grow to $42 Billion by 2025.

Astrobotic (www.astrobotic.net), was founded to chase the prestigious Google Lunar XPrize by building a 3rd party lunar delivery vehicle. To date, the company has won three prizes: the Landing Prize, the Mobility Prize and the Imaging Prize. Using its Griffin Lander spacecraft, Astrobotic aims to offer a vehicle able to deliver multiple customer shipments via a single flight to the moon. Through this innovation, the moon will become more accessible to the world. Astrobotics was spun out of Carnegie Mellon University’s Robotics Institute in 2007. 16 DEMOGRAPHICS

THREE-MILE RADIUS FIVE-MILE RADIUS SEVEN-MILE RADIUS TEN-MILE RADIUS FROM THE PROPERTY FROM THE PROPERTY FROM THE PROPERTY FROM THE PROPERTY 2018 ESTIMATED POPULATION 37,253 110,769 235,302 520,381

2023 PROJECTED POPULATION 37,510 111,232 236,172 524,468

2010 CENSUS POPULATION 36,026 108,894 231,747 510,561

2000 CENSUS POPULATION 33,835 108,563 237,270 526,426 POPULATION 2018 ESTIMATED MEDIAN AGE 46.1 43.5 42.9 41.9

2018 ESTIMATED HOUSEHOLDS 15,943 48,353 102,034 227,759

2023 PROJECTED HOUSEHOLDS 16,061 48,566 102,477 230,163

2010 CENSUS HOUSEHOLDS 15,396 47,445 100,297 222,620

2000 CENSUS HOUSEHOLDS 13,746 45,786 98,341 220,030 HOUSEHOLDS 2018 EST. AVERAGE HOUSEHOLD SIZE 2.30 2.24 2.25 2.20

2018 EST. MEDIAN HOUSEHOLD INCOME $67,112 $60,184 $60,320 $56,859

2023 PRJ. MEDIAN HOUSEHOLD INCOME $75,772 $67,502 $68,010 $63,435

2018 EST. AVERAGE HOUSEHOLD INCOME $93,168 $87,006 $85,355 $82,089

2023 PRJ. AVERAGE HOUSEHOLD INCOME $103,250 $97,096 $95,685 $91,855 INCOME 2018 PER CAPITA INCOME $40,839 $38,665 $37,426 $36,370

2023 PER CAPITA INCOME $45,261 $43,099 $41,929 $40,749

2018 ESTIMATED HOUSING UNITS 17,175 52,928 112,234 252,531

2018 ESTIMATED OCCUPIED UNITS 15,942 48,353 102,034 227,759

2018 ESTIMATED VACANT UNITS 1,232 4,575 10,200 24,772

2018 EST. OWNER OCCUPIED UNITS 10,972 29,944 65,194 138,304

HOUSING 2018 EST. RENTER OCCUPIED UNITS 4,970 18,409 36,840 89,455

2018 EST. MEDIAN HOUSING VALUE $172,872 $158,072 $152,393 $146,445

2018 EST. AVERAGE HOUSING VALUE $224,893 $216,792 $197,161 $189,891

17 CONTACT

R.T. WALKER Vice President +1 412 805 0117 [email protected]

CBRE 600 Grant Street Suite 4800 +1 412 471 9500 www.cbre.us/pittsburgh

© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.