EQT Plaza
Is EQT getting ready to leave downtown Pittsburgh? The office building in Pittsburgh that bears the company's name, EQT Plaza, has 32 floors and is the 13th largest office building in the city. In October 2019, MDN told you that EQT was looking to sublease space in its mammoth downtown office building (see EQT Looks to Sublease HQ Space – Leaving Downtown Pittsburgh?). The company shrunk its use to just 15 floors. Then, in February 2020, EQT announced it was shrinking its use of the building again, down to a piddly five floors (see EQT Subleasing Most of its Downtown Pittsburgh Office Building). Given the City of Pittsburgh's hostility to the shale industry (and given various rumors we had heard), we theorized that EQT was getting ready to leave downtown. However, the company has a lease until 2024 (EQT does not actually own the building). EQT Plaza's owner, Highwoods Properties, recently spoke to the Pittsburgh Business Times about potential plans for the building.
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