Downtown Pittsburgh Commercial Real Estate

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112 Washington Pl - 3 Spaces Pittsburgh, lease rate negotiable
Sep 13
13,810 - 18,200
sqft
Office
112 Washington Pl - 6 Spaces Pittsburgh, lease rate negotiable
Sep 13
1,120 - 18,200
sqft
Office
11 Stanwix St - Space Pittsburgh,  
Sep 08
6,970
sqft
Sublease Office
6 PPG Pl - Space Pittsburgh,  
Aug 31
17,000
sqft
Sublease Office
Fort Pitt Buildings - Space Downtown Pittsburgh, Pittsburgh, PA  
Aug 31
39,640
sqft
Office
500 Grant St - Space Pittsburgh,  
Aug 19
8,000
sqft
Office
908 Penn Ave - 3 Spaces Downtown Pittsburgh, Pittsburgh, PA rental rate negotiable
Aug 19
1,000 - 4,230
sqft
Sublease Retail Other
808 Penn Ave - Floor 3 Downtown Pittsburgh, Pittsburgh, open floor plan
Aug 18
2,200
sqft
Office Retail
301 Grant St - 5 Spaces Pittsburgh, partial floor opportunity
Jul 31
3,590 - 23,130
sqft
Office Retail Other
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

Downtown Pittsburgh

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
5,330

Downtown Pittsburgh Rates

Most listings are in the $20's per square foot per year. The Downtown Pittsburgh submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.

Compared to the rest of the Pittsburgh market, the Downtown Pittsburgh submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Downtown Pittsburgh Listing Supply

In the last 90 days, 1226 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the available space in the Downtown Pittsburgh are subleases, so you will probably have to consider a longer term 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 5,330 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 10 stories. Most buildings in this market were built in 1927 and are Class B.

Downtown Pittsburgh Community

Waste services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Pittsburgh folk. Commuting around 30 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 Downtown Pittsburgh.
Research