Shadyside Retail

Shadyside

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
6,000
As of: June 22, 2017

Shadyside Rates

On average, listings lease in the $30's per square foot per year. The Shadyside region is experiencing a a boost in rates. In the last 3 months, the median rate increased $34 per sqft per year.

Compared to the rest of the Pittsburgh market, the Shadyside region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Shadyside Listing Supply

In the last 90 days, 14 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 93% of the office spaces in the Shadyside are subleases, so you might be able to find a shorter term or below market rent. 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 6,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this area were built in 2009 and are Class A.

Shadyside Community

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 region. 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.

Market Report

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

Market Data

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