JLL facilitates office lease at 2000 Park Lane Drive

PITTSBURGH, April 2, 2024 – JLL announced today that it helped facilitate the new head office lease for HWI, a member of Calderys (HWI), a large supplier of refractory products and services, at 2000 Park Lane Drive, where it will occupy 25,143 square feet. HWI will relocate from Pittsburgh International Business Park.

Jackie Bezek, JLL Vice President, represented the landlord in the transaction.

“This transaction is significant for the Parkway West submarket as it’s a sizeable reflection of the trend toward amenitized office space,” said Bezek. “With its easy access to I-376, proximity to Pittsburgh International Airport, and extensive amenity offerings, 2000 Park Lane Drive is ideally positioned for a head office.”

2000 Park Lane Drive is among the most highly-amenitized buildings in the Parkway West submarket, with a full-service cafeteria, state-of-the-art fitness center, courtyard and onsite parking. The building also has a planned training room and conference center, expected to be delivered later this year.

“We are excited to have HWI as our newest tenant,” said Peter Moon, Vice President of Asset Management for Property Income Advisors, Inc., asset manager for 2000 Park Lane Drive. “The Parkway West submarket is gaining momentum, led in part by our amenity-driven approach to property development and management, and we are well-fitted to provide Class-A top notch amenities and resources to help great companies like HWI maintain its Pittsburgh presence.”

HWI is the largest supplier of refractory products and services in the United States, creating some of the industry’s most significant technologies. It is part of the Calderys Group, and the brand of its Americas region. HWI has 25 manufacturing sites and 20 distribution centers in the Americas with its head office and Advanced Technology and Research Center located in greater Pittsburgh.

“Maintaining our Pittsburgh presence was a key driver in choosing our new office space,” said Ross Wilkin, Senior Vice President, Americas at HWI. “This office space gives us the ability to deepen our impact in providing refractory solutions to industry leaders across North America.”

JLL Pittsburgh’s 2023 Q4 Office Outlook found that continued flight to quality is expected throughout 2024, especially with the delivery of 650,073 square feet of Class A product coming to the market in the central business district and suburbs. Building owners that prioritize creating updated, amenity-rich office spaces may continue to see increased leasing activity. JLL Pittsburgh’s first-ever Market Movers Report also found that Parkway West is leading the area in office space demand.

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