Most listings are in the $40's per square foot per year. The Shadyside region is experiencing a decrease in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 20% decrease in rent.
Compared to the rest of the Pittsburgh market, the Shadyside submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have been listed, which means leases 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 posted, so finding a space for a small business might be tough.
Even though the median size is 60,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 6 stories. Most buildings in this region were built in 1991 and are Class B.
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 market. Commute by taxi is the most popular way to get to work amongst Shadyside occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.