Downtown Pittsburgh Commercial Real Estate For Lease

6 PPG Pl - Space Downtown Pittsburgh, Pittsburgh, PA  
Aug 31
17,000
sqft
Sublease Office

Downtown Pittsburgh

Market Report

Number of Listings For Lease
Posted in the last 90 days
107
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
3,140

Downtown Pittsburgh Commercial Real Estate

Find Downtown Pittsburgh commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Downtown Pittsburgh commercial real estate broker in Downtown Pittsburgh's Top Broker Directory. Learn about Downtown Pittsburgh commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Downtown Pittsburgh Rates

The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Downtown Pittsburgh region is going through a an increase in rates. In the last 3 months, the median rate for lease increased $3 per sqft per year. That's a 13% rise in rent.

Compared to the rest of the Pittsburgh commercial real estate market, the Downtown Pittsburgh region has greater rates for rent, and you may need to make a great offer to be in this hot submarket.

Downtown Pittsburgh Listing Supply

In the last 90 days, 1226 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate leases in the Downtown Pittsburgh are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 3,140 sqft. Most properties in this region are approximately 7 stories. Most buildings in this region were built around 1920 and are Class B.

Downtown Pittsburgh Community

Waste services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown Pittsburgh occupants. Commuting approximately 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