The typical asking rate per listing is in the $20's per square foot per year. The Grant Street submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 9% rise in rent.
Compared to the rest of the Pittsburgh market, the Grant Street submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 16 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 6% of the available leases in the Grant Street are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,230 sqft. Most buildings in this market are close to 64 stories. Most buildings in this market were built in 1950 and are Class B.
Arts, entertainment, and restaurants are the dominant industries in this market. 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.