Greater Pittsburgh Retail

Greater Pittsburgh

Office Space Market Report

Number of Listings (last 90 days)
614
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
3,970
As of: May 21, 2017

Greater Pittsburgh Rates

On average, listings lease in the $20's per square foot per year. The Greater Pittsburgh submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.

Greater Pittsburgh Listing Supply

In the last 90 days, 614 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available leases in the Greater Pittsburgh are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 4,100 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this market were built in 1984 and are Class B.

Greater Pittsburgh Community

Market Report

Trends and status of the commercial real estate market in Greater Pittsburgh.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Greater Pittsburgh.
Research