On average, listings lease in the $50's per square foot per year. The Shadyside submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $59 per sqft per year.
Compared to the rest of the Pittsburgh market, the Shadyside region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 14 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 6,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 6 floors. Most buildings in this region were built in 1991 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Shadyside folk. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.