Most listings are in the $30's per square foot per year. The Downtown Pittsburgh submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 7% rise in rent.
Compared to the rest of the Pittsburgh market, the Downtown Pittsburgh submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 201 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the available space in the Downtown Pittsburgh are subleases, so you will probably have to focus your search on direct office leases. 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 5,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 14 floors. Most buildings in this market were built in 1920 and are Class B.
Waste services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Pittsburgh occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.