Shadyside Sublease

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 26, 2017

Shadyside Rates

The typical asking rate per listing is in the $30's per square foot per year. The Shadyside region is going through 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 submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Shadyside Listing Supply

In the last 90 days, 14 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 93% of the available leases in the Shadyside are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 6,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this region 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 market. Commute by taxi is the most popular way to get to work amongst Shadyside residents. Commuting close to 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