The typical asking rate per listing is in the $30's per square foot per year. The East End submarket is going through a a boost in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 37% increase in rent.
Compared to the rest of the Pittsburgh market, the East End region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 28 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 4% of the office spaces in the East End are subleases, so you will probably have to focus your search on direct office leases. 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 6,050 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 3 floors. Most buildings in this region were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by motorcycle is the most popular way to get to work amongst East End occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.