Mellon Arena Retail

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Mellon Arena

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 27, 2016

Mellon Arena Rates

Most listings are in the $20's per square foot per year. The Mellon Arena region is experiencing a an increase in rates. In the last 3 months, the median rate went up $26 per sqft per year. That's a Inf% increase in rent.

Compared to the rest of the Pittsburgh market, the Mellon Arena submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Mellon Arena Listing Supply

In the last 90 days, 17 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,810 sqft, there are still 0 office spaces below 2,000 sqft.

Mellon Arena Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Mellon Arena residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Mellon Arena.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Mellon Arena.