Penn Hills Industrial

Penn Hills

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
9,900
As of: December 10, 2016

Penn Hills Rates

Most listings are in the $10's per square foot per year. The Penn Hills region is experiencing a a boost in rates. In the last 3 months, the median rate went up $18 per sqft per year.

Penn Hills Listing Supply

In the last 90 days, 11 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 9,900 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this region were built in 2000 and are Class A.

Penn Hills Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Penn Hills occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Penn Hills.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Penn Hills.
Research

Churchill Submarkets