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The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Grant Street region is experiencing a a boost in rates. In the last 3 months, the median rate for lease rose $26 per sqft per year.
Compared to the rest of the Pittsburgh commercial real estate market, the Grant Street submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 129 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available commercial real estate space in the Grant Street are subleases, so you will probably have to focus your search on direct leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard size for office space in this area is around 4,330 sqft. Most buildings in this market are approximately 64 floors. Most buildings in this area were built approximately 1952 and are Class B.
Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Grant Street folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Grant Street.
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