Fifth and Forbes Corridor Office Space

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6 PPG Pl - Space Pittsburgh,  
Aug 31
17,000
sqft
Sublease Office
301 Grant St - 4 Spaces Pittsburgh, partial floor opportunity
Jul 31
3,590 - 23,130
sqft
Office
3 PPG Pl - Unit 200 Downtown Pittsburgh, Pittsburgh, PA  
Jun 23
5,810
sqft
Office
601 Grant St - Space Pittsburgh, rate negotiable
Jun 19
9,620
sqft
Office
436 Seventh Ave - 2 Spaces Pittsburgh, private balcony
Jun 12
280 - 4,670
sqft
Office
428 Forbes Ave - 9 Spaces Downtown Pittsburgh, Pittsburgh, HVAC
Apr 28
530 - 5,000
sqft
Office
436 Seventh Ave - 13 Spaces Pittsburgh, Gym.
Apr 25
640 - 13,700
sqft
Office
436 Seventh Ave - 2 Spaces Pittsburgh, Gym.
Apr 25
1,990 - 6,040
sqft
Office
437 Grant St - 4 Spaces Pittsburgh, HVAC
Apr 21
860 - 7,150
sqft
Office

Fifth and Forbes Corridor

Market Report

Number of Listings
Posted in the last 90 days
37
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
5,500

Fifth and Forbes Corridor Rates

On average, listings lease in the $20's per square foot per year. The Fifth and Forbes Corridor submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

Compared to the rest of the Pittsburgh market, the Fifth and Forbes Corridor region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Fifth and Forbes Corridor Listing Supply

In the last 90 days, 711 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Fifth and Forbes Corridor are subleases, so you will probably have to focus your search on direct office 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.

Even though the median size is 5,500 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 14 floors. Most buildings in this area were built in 1930 and are Class B.

Fifth and Forbes Corridor Community

Wholesale trade is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Fifth and Forbes Corridor residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Fifth and Forbes Corridor.
Research