News

Feisty Little Black Spruce Trees Prove Unlikely Heroes in Fast-Growing Mass Timber Building Trend

August 20, 2023

CoStar News

Six-Floor Office Property in Denver Marks Latest Construction for Quebec-Based Nordic Structures. Rising from the streets of Denver is an innovative six-floor, soon-to-be-completed timber office building that at first glance is an achievement for developers Hines, Ivanhoé Cambridge, McCaffery and the Nordic Structures/Chantier Chibougamau lumber firm.

Shake Shack is coming to Pittsburgh

July 5, 2023

Hal B. Klein I Pittsburgh Post-Gazette

Shake Shack is thrilled to announce that it’s expanding to Pittsburgh, Pennsylvania in 2023. The company will debut its first Pittsburgh restaurant at The Terminal – an adaptive reuse of Pittsburgh’s old Produce Terminal in the Strip District – and is expected to open in 2024. Shake Shack currently has 12 locations in Pennsylvania, all within the greater Philadelphia region.

McCaffery Brokerage Finalizes Seventh Lease for The Lovesac Company

June 15, 2023

McCaffery Brokerage is proud to announce it has executed the seventh lease on behalf of furniture innovator, The Lovesac Company®. As tenant representative for the brand, McCaffery leveraged its market knowledge, current and forecasted economic data, and consumer trends to identify ideal locations for new Lovesac brick-and-mortar showrooms across Illinois and Indiana.

McCaffery Awarded Property Management of Landmark Hyde Park Bank Building

May 15, 2023

McCaffery Interests’ Property Management division was awarded the third-party management assignment of Hyde Park Bank Building, a 10-story, 109,481-square-foot, landmarked building at 1525 E. 53rd Street in the Hyde Park neighborhood of Chicago. McCaffery now oversees all management duties at the property including operations, accounting, lease administration, and tenant services. In addition, McCaffery Brokerage LLC now leads the retail and office leasing of the building.

Urban Land Institute Names 20 Finalists for 2023 ULI Americas Awards for Excellence

May 11, 2023

Ella Fertitta, Urban Land Institute

Today, the Urban Land Institute (ULI) announced 20 finalists for the 2023 ULI Americas Awards for Excellence, one of the most prestigious awards programs in the real estate industry. This year’s finalists include 19 developments in the United States and one in Canada. Three additional projects from the United States received special mentions.

McCaffery-Supported SCORE-CDE Grants $10 MM to Esperanza Health Centers

May 3, 2023

McCaffery is proud to announce and support through its Community Development Entity, SCORE-CDE, an award of $10 million of New Markets Tax Credits (NMTC) to Esperanza Health Centers. Esperanza Health Centers will use the allocation to finance the construction and equipping of a new Federally Qualified Health Center (FQHC) in Chicago’s southwest Brighton Park neighborhood.

T3 RiNo Marks Significant Construction Milestone with Topping Out

April 24, 2023

235,000-Square-Foot Mass Timber Office Building is One of The Most Sustainable Developments in Denver

Virtual Reality Gaming Is Coming To The Strip District This Summer

March 30, 2023

Maya Valetta I Pittsburgh Magazine

McCaffery is pleased to announce it has signed a lease with virtual reality gaming company Sandbox VR at The Terminal in the Strip District. This first Pennsylvania location for Sandbox VR will offer its unique socially immersive gaming experience in 5,571-square-feet starting in Summer 2023.

Pittsburgh’s Strip District attracts 'melting pot' of new residents

March 19, 2023

Stephanie Ritenbaugh I TribLive.com

"People want to live near where they work,” said Dean Welch, vice president of McCaffery. “The type of jobs that are offered in the Strip have been growing to higher-end opportunities and with that, luxury residential has followed behind.”

30 Under 30: Meet Courtney List

March 10, 2023

Jordyn Hronec – Associate Editor, Pittsburgh Business Times

McCaffery's Strip District Terminal project was one that transformed an empty, abandoned produce terminal into a hub for local businesses and vendors. Courtney List, who serves as McCaffery’s marketing manager for The Terminal and the building at 1600 Smallman across the street, has been the driving force behind bringing people to the Strip District in order to see the new development. She is responsible for managing and implementing the programs that drive foot traffic, enhance public image and increase property value, and as such she has implemented well over 200 public events at The...

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