On average, listings lease in the $20's per square foot per year. The Greater Pittsburgh region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.
In the last 90 days, 4258 listings have been made available, so you'll want to check back regularly for new listings. About 11% of the office spaces in the Greater Pittsburgh are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,960 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this market were built in 1983 and are Class B.
Real time and historical data on commercial real estate listings in Greater Pittsburgh.
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