On average, listings lease in the $20's per square foot per year. The Northshore region is seeing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Pittsburgh market, the Northshore submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 6 listings have been posted online, which means new availabilities most likley are going fast. 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 13,700 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 9 floors. Most buildings in this region were built in 1982 and are Class A.
Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Northshore residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.