Most listings are in the $30's per square foot per year. The Grant Street submarket is going through a a rise in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 32% increase in rent.
Compared to the rest of the Pittsburgh market, the Grant Street submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 39 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,510 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 64 floors. Most buildings in this area were built in 1950 and are Class B.
Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Grant Street residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.