Faros Properties Announces Long-Term Lease with Forvis Mazars at 106 Isabella Street
BISWIRE/Jan. 8, 2025 — Faros Properties is pleased to announce that Forvis Mazars, one of the nation’s leading public accounting and consulting firms, has signed a long-term lease for approximately 10,000-square-feet of prime office space covering the entire top floor of 106 Isabella Street in Pittsburgh.
Forvis Mazars will be relocating from its current location on the ground floor of 30 Isabella Street. This new space offers Forvis Mazars the opportunity to expand and create a state-of-the-art workplace that aligns with the firm’s vision for innovation and employee collaboration.
The top floor of 106 Isabella Street offers exceptional features, including a sky light, extra-high ceilings, breathtaking views of the Downtown Pittsburgh skyline, and the unique opportunity to display Forvis Mazars signage on the top of the building facade facing the city's Central Business District. The space is poised to serve as a modern, flexible work environment that will meet the evolving needs of Forvis Mazars growing team.
Quote from Jeremy Leventhal, Managing Partner of Faros Properties:
“We are thrilled to welcome Forvis Mazars to 106 Isabella Street, a historic and iconic property on Pittsburgh’s North Shore. Their presence aligns seamlessly with the vibrant transformation of the area, particularly with the development of the Pop District under the leadership of The Andy Warhol Museum. This collaboration not only enhances the dynamic community we’re fostering but also underscores our commitment to creating spaces where businesses and culture thrive together.”
Quote from Andy Young, partner and market leader for Forvis Mazars in Pittsburgh:
“Forvis Mazars is excited to lease new office space in the 106 Isabella Street building. Our firm’s momentum continues to grow following the creation of our global network. This new space will meet our needs for collaboration and culture building as we continue to enhance the services we offer clients in the Pittsburgh area, and it will ensure our teams have a modern and inviting environment where they can be their best selves while working in the office.”
Forvis Mazars will be working with HOK, a global design, architecture, engineering and planning firm to build out their new workspace, incorporating the latest in corporate design standards to foster collaboration, innovation, and productivity.
Forvis Mazars was represented by Colliers in the site selection and lease negotiations, while Faros Properties was represented by CBRE.
Brokerage Representation:
• Faros Properties: Represented by CBRE, Jeremy Kronman and Andrew Miller
• Forvis Mazars: Represented by Colliers, Patrick Sentner, Cody Sharik, Meriel Curry, and Lang Williams
Faros Properties continues to be a leader in providing high-quality, innovative office spaces in Pittsburgh, and we are proud to support Forvis in their continued success as they expand their presence in the city. This long-term lease is a testament to Pittsburgh’s growing position as a hub for leading accounting and advisory firms, and we look forward to seeing Forvis flourish in their new space at 106 Isabella Street.
About Faros Properties LLC
Faros Properties is a real estate investment firm established by Alexander Leventhal, Jeremy Leventhal and Elliot Gould as a platform to target long-term private investment opportunities. Faros primarily targets core investments in supply-constrained markets with high concentrations of intellectual capital. Faros and its predecessor companies trace their roots to family-owned operations. The family has for over six decades been actively involved in the construction, development, acquisition, management, and financing of over 50 million square feet of real estate internationally.
Media Contact: Julia Mudrock - Faros Properties
jmudrock@farosproperties.com
(412) 224-5242
www.farosproperties.com
