The typical asking rate per listing is in the $20's per square foot per year. The Grant Street region is seeing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 9% increase in rent.
Compared to the rest of the Pittsburgh market, the Grant Street region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 16 listings have been made available, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 6% of the listings in the Grant Street 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 posted, 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 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 market. Commute by car is the most popular way to get to work amongst Grant Street folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.