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728 Commercial Real Estate Listings in Pittsburgh, PA

  • 10,000 SF Office | Wilkinsburg - Pittsburgh
    600 Ross Avenue, Wilkinsburg, Pittsburgh, PA
    For Lease
    • $12/Sqft/Year
    Property
    • Office
    • 10,000 Sqft
    Availability
    • 1 Space
    • 10,000 Sqft
    View Details
  • House Building - Pittsburgh
    4 Smithfield , Downtown Pittsburgh, Pittsburgh, PA
    For Lease
    • Contact for pricing
    Property
    • Office
    • 80,000 Sqft
    Availability
    • 7 Spaces
    • 12,309 Sqft
    View Details
  • The Henry W. Oliver Building - Pittsburgh
    527 Smithfield Street, Downtown Pittsburgh, Pittsburgh, PA
    For Lease
    • $24.5/Sqft/Year
    Property
    • Office
    • 468,922 Sqft
    Availability
    • 13 Spaces
    • 39,808 Sqft
    Year Built
    • 1910
    View Details
  • Fort Pitt Buildings - Pittsburgh
    227 Fort Pitt Blvd, Downtown Pittsburgh, Pittsburgh, PA
    For Lease
    • $12/Sqft/Year
    Property
    • Office
    • 39,641 Sqft
    Availability
    • 1 Space
    • 37,240 Sqft
    Year Built
    • 1986
    View Details
  • Foster Plaza IX - Pittsburgh
    750 Holiday Drive, Green Tree, Pittsburgh, PA
    For Lease
    • $23.5/Sqft/Year
    Property
    • Office
    • 154,173 Sqft
    Availability
    • 9 Spaces
    • 54,516 Sqft
    Year Built
    • 1989
    View Details
  • Foster Plaza 3 & 4 - Pittsburgh
    501 Holiday Drive, Green Tree, Pittsburgh, PA
    For Lease
    • $23/Sqft/Year
    Property
    • Office
    • 116,426 Sqft
    Availability
    • 6 Spaces
    • 46,517 Sqft
    Year Built
    • 1980
    View Details
  • Nova Place - Concourse - Pittsburgh
    100 South Commons, Allegheny Center, Pittsburgh, PA
    For Lease
    • $25 - $28/Sqft/Year
    Property
    • Office
    • 705,971 Sqft
    Availability
    • 3 Spaces
    • 113,014 Sqft
    Year Built
    • 1990
    View Details
  • Koppers Building - Pittsburgh
    436 7th Avenue, Downtown Pittsburgh, Pittsburgh, PA
    For Lease
    • $23.5/Sqft/Year
    Property
    • Office
    • 356,439 Sqft
    Availability
    • 10 Spaces
    • 64,470 Sqft
    Year Built
    • 1929
    View Details
  • Cardello Building - Pittsburgh
    701 North Point Drive, Chateau, Pittsburgh, PA
    For Lease
    • $22 - $24/Sqft/Year
    Property
    • Office
    • 222,548 Sqft
    Availability
    • 2 Spaces
    • 36,710 Sqft
    Year Built
    • 1983
    View Details
  • Two Chatham Center - Pittsburgh
    112 Washington Place, Downtown Pittsburgh, Pittsburgh, PA
    For Lease
    • $21.5/Sqft/Year
    Property
    • Office
    • 288,000 Sqft
    Availability
    • 13 Spaces
    • 145,004 Sqft
    Year Built
    • 1967
    View Details
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  • Regional Enterprise Tower - Pittsburgh
    611 William Penn Place, Downtown Pittsburgh, Pittsburgh, PA
    For Lease
    • $22/Sqft/Year
    Property
    • Office
    • 335,142 Sqft
    Availability
    • 2 Spaces
    • 25,682 Sqft
    Year Built
    • 1953
    View Details
  • Nova Place - Tower 1 - Pittsburgh
    1 Allegheny Square East, Allegheny Center, Pittsburgh, PA
    For Lease
    • $27/Sqft/Year
    Property
    • Office
    • 158,730 Sqft
    Availability
    • 3 Spaces
    • 12,261 Sqft
    Year Built
    • 1969
    View Details
  • Foster Plaza VIII - Pittsburgh
    730 Holiday Drive, Green Tree, Pittsburgh, PA
    For Lease
    • $22 - $22.5/Sqft/Year
    Property
    • Office
    • 131,945 Sqft
    Availability
    • 1 Space
    • 11,168 Sqft
    Year Built
    • 1986
    View Details
  • Towne Centre Offices - Pittsburgh
    1789 South Braddock Avenue, Edgewood, Pittsburgh, PA
    For Lease
    • $18 - $19.5/Sqft/Year
    Property
    • Office
    • 80,140 Sqft
    Availability
    • 2 Spaces
    • 9,415 Sqft
    Year Built
    • 1947
    View Details
  • Foster Plaza 10 - Pittsburgh
    680 Andersen Drive, Green Tree, Pittsburgh, PA
    For Lease
    • $25/Sqft/Year
    Property
    • Office
    • 156,281 Sqft
    Availability
    • 4 Spaces
    • 23,135 Sqft
    Year Built
    • 1987
    View Details
  • Landmarks Building - Pittsburgh
    100 West Station Square Drive, South Shore Pittsburgh, Pittsburgh, PA
    For Lease
    • $24/Sqft/Year
    Property
    • Office
    • 77,299 Sqft
    Availability
    • 10 Spaces
    • 17,312 Sqft
    Year Built
    • 1984
    View Details
  • Birmingham Place - Pittsburgh
    2301 East Carson Street, Southside Flats, Pittsburgh, PA
    For Lease
    • $22 - $25/Sqft/Year
    Property
    • Office
    • 38,000 Sqft
    Availability
    • 3 Spaces
    • 28,000 Sqft
    Year Built
    • 1993
    View Details
  • The House of Metal Offices - Pittsburgh
    901 Pennsylvania Avenue, Central Northside Pittsburgh, Pittsburgh, PA
    For Lease
    • $18/Sqft/Year
    Property
    • Office
    • 320,000 Sqft
    Availability
    • 2 Spaces
    • 4,057 Sqft
    Year Built
    • 1997
    View Details
  • Foster Plaza 6 - Pittsburgh
    681 Andersen Drive, Green Tree, Pittsburgh, PA
    For Lease
    • $24/Sqft/Year
    Property
    • Office
    • 123,769 Sqft
    Availability
    • 8 Spaces
    • 41,342 Sqft
    Year Built
    • 1983
    View Details
  • Federated Tower at Liberty Center - Pittsburgh
    1001 Liberty Avenue, Downtown Pittsburgh, Pittsburgh, PA
    For Lease
    • $34/Sqft/Year
    Property
    • Office
    • 555,607 Sqft
    Availability
    • 7 Spaces
    • 45,546 Sqft
    Year Built
    • 1987
    View Details
  • 40 24th Street - Pittsburgh
    40 24th Street, Strip District, Pittsburgh, PA
    For Lease
    • $26.5/Sqft/Year
    Property
    • Office
    • 120,000 Sqft
    Availability
    • 1 Space
    • 8,400 Sqft
    Year Built
    • 1995
    View Details
  • 810 Penn Avenue - Pittsburgh
    810 Penn Avenue, Downtown Pittsburgh, Pittsburgh, PA
    For Lease
    • $18/Sqft/Year
    Property
    • Office
    • 50,000 Sqft
    Availability
    • 1 Space
    • 13,480 Sqft
    Year Built
    • 1910
    View Details
  • U.S. Steel Tower - Pittsburgh
    600 Grant Street, Downtown Pittsburgh, Pittsburgh, PA
    For Lease
    • $27 - $34/Sqft/Year
    Property
    • Office
    • 2,336,272 Sqft
    Availability
    • 18 Spaces
    • 324,015 Sqft
    Year Built
    • 1971
    View Details
  • Centre City Tower - Pittsburgh
    650 Smithfield Street, Downtown Pittsburgh, Pittsburgh, PA
    For Lease
    • $20/Sqft/Year
    Property
    • Office
    • 362,000 Sqft
    Availability
    • 15 Spaces
    • 67,722 Sqft
    Year Built
    • 1971
    View Details
  • Four Gateway Center - Pittsburgh
    444 Liberty Avenue, Downtown Pittsburgh, Pittsburgh, PA
    For Lease
    • $27.5/Sqft/Year
    Property
    • Office
    • 425,648 Sqft
    Availability
    • 14 Spaces
    • 71,937 Sqft
    Year Built
    • 1960
    View Details
  • 914-922 Penn Avenue - Pittsburgh
    922 Penn Avenue, Downtown Pittsburgh, Pittsburgh, PA
    For Lease
    • $23/Sqft/Year
    Property
    • Office
    • 86,400 Sqft
    Availability
    • 4 Spaces
    • 41,920 Sqft
    Year Built
    • 1893
    View Details

Pittsburgh, PA Commercial Real Estate

There are currently 687 commercial listings available in Pittsburgh, PA. These listings include 1,064 commercial spaces that encompass a total of 11,744,353 square feet. Available commercial spaces in Pittsburgh, PA range in size from 100 square feet to 387,268 square feet. A total of 309 off-market commercial properties located in Pittsburgh, PA are also available for research.

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Pittsburgh, PA Economic Overview

Location Photo

Located at the confluence of the Ohio, Monongahela, and Allegheny Rivers in western Pennsylvania, Pittsburgh is a city with strong economic foundations, a history of healthy economic competition, and a location fit for any business. With a metropolitan population of over 2 million, the city is no longer operating solely on industrial manufacturing, but has begun to diversify over the past decades. With more expansion plans in the works, and more high-tech companies setting up shop in the area, the Pittsburgh commercial real estate market is picking up steam.

Pittsburgh used to be one of the largest steel manufacturers in the world, but with the deindustrialization that occurred in the 1980s, Pittsburgh’s economy moved away from manufacturing, towards other economic activities. Driven now by financial corporations, major tech and defense companies, and a large number of universities, Pittsburgh’s economy is slowly becoming a leader in the economic activities that are of high importance in the twenty-first century. In fact, with the preeminence of research universities in the area—notably the University of Pittsburgh and Carnegie Mellon—Pittsburgh’s economy has become driven by high tech firms, robotics, nuclear engineering, and biomedical technology. Once a city of steel, it is emerging as one of the country’s most vibrant tech centers.

Pittsburgh, PA Commercial Real Estate Market

Many of Pittsburgh’s factories and industrial locations that were utilized prior to the 1980s deindustrialization are now being occupied by new companies. In turn, many unused spaces are being re-developed for future use by companies looking relocate to the region. In other areas where industrial spaces weren’t typically found—downtown Pittsburgh for example—vacancy for offices has become almost zero, with established companies maintaining offices in the area and new companies paying top dollar to buy up space.

Downtown Pittsburgh, a.k.a. the “Golden Triangle,” or the Pittsburgh Central Business District, is home to a pretty entrenched office market. PNC Bank, U.S. Steel, Heinz, and PPG all operate large scale office buildings here, but these offices have been occupied by the same companies for a long time and they are unlikely to leave anytime soon. This has led to Downtown Pittsburgh having the second-lowest downtown vacancy rate in the U.S.

The Lawrenceville commercial real estate market encompasses some of the most high-end retail and office spaces in the city. Three neighborhoods—Upper Lawrenceville, Central Lawrenceville, and Lower Lawrenceville—make up the area. In 2009, the Children’s Hospital of Pittsburgh of UPMC opened a facility in Lawrenceville that has attracted more business to the area, while retail stores have also taken up shop in the neighborhood, to serve to the younger crowd that has moved in over the past years.

The Oakland commercial real estate market is expansive with diverse neighborhoods where demand is strong, such as the Strip District, North Shore, and Bloomfield. Home to the two largest universities in the area, the University of Pittsburgh and Carnegie Mellon, Oakland is also the site of major museums, hospitals, and cultural centers. Office and retail space have maintained competition for businesses aiming to open in the area to offer services to students, professionals, and tourists that flock to the area. With Oakland being comprised of four neighborhoods—North Oakland, Central Oakland, South Oakland, and West Oakland—there is plenty of different opportunities to choose from.

Pittsburgh, PA Office Sales Volume

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Pittsburgh, PA Office Transactions

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Pittsburgh, PA Commercial Inventory Breakdown

Office Spaces

Total: 53,075,401 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 5,582,630 SF / 10.52% of total office
  • 100k to 500k SF: 29,903,627 SF / 56.34% of total office
  • 500k to 1M SF: 11,741,763 SF / 22.12% of total office
  • > 1M SF: 5,847,381 SF / 11.02% of total office

By class:

  • Class A+: 5,360,658 SF / 10.1% of total office
  • Class A: 23,961,085 SF / 45.15% of total office
  • Class B: 17,506,652 SF / 32.98% of total office
  • Class C: 1,495,364 SF / 2.82% of total office

Industrial

Total: 14,854,794 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 3,708,201 SF / 24.96% of total industrial
  • 100k to 500k SF: 9,461,593 SF / 63.69% of total industrial
  • 500k to 1M SF: 1,685,000 SF / 11.34% of total industrial

By class:

  • Class A: 1,629,499 SF / 10.97% of total industrial
  • Class B: 9,043,771 SF / 60.88% of total industrial
  • Class C: 3,024,024 SF / 20.36% of total industrial

Employment in Pittsburgh, PA

Employment

According to the Pennsylvania Department of Labor and Industry’s 3rd Quarter Report for 2016, the largest employers in the area are health care systems, universities, corporations, and government.

  • By far the largest employer is the University of Pittsburgh Medical Center and its subsidiaries, which employ 60,000 people in health, insurance, and financial sectors.
  • Allegheny Health Network employs close to 9,000.
  • The universities in the area also employ a large number. The University of Pittsburgh—distinct from UPMC—employs close to 13,000 people, while Carnegie Mellon employs 4,600.
  • Finally, corporate offices round out the top employers in the area. PNC and Giant Eagle are the two largest employers, with PNC employing close to 10,000 and Giant Eagle employing 8,000.

Education in Pittsburgh, PA

Pittsburgh is served by Pittsburgh Public Schools, which operates 62 elementary, middle, and high schools in the region. There are a number of private schools operated by religious and private organizations, as well.

Pittsburgh is well known for its universities. The University of Pittsburgh and Carnegie Mellon are two internationally recognized research institutions, but the area is also home to Duquesne University. Universities operating throughout the Pittsburgh metropolitan area include Carlow University, Chatham University, Point Park University, the Art Institute of Pittsburgh, as well as a number of religious institutions, most notably the Pittsburgh Theological Seminary and the Reformed Presbyterian Theological Seminary.

Commuting Time in Pittsburgh, PA

Pittsburgh’s geographic location and specific history have contributed to the development of one of the most unique and comprehensive transportation infrastructures in the world. A literal “city of bridges,” Pittsburgh has three more than Venice. Moreover, Pittsburgh boasts several highways, major roads, a light rail system, railroads, bicycle paths, and bus lines for public transportation.

With this amount of options, Pittsburgh’s traffic is less severe than other cities of its size and complexity. Morning rush hour into major commercial centers—particularly downtown—can be tough on more popular roads, but traffic is mostly mild.

Pittsburgh Demographics

Population

  • Total Population302,205
  • Male Population(48.9 %) 147,776
  • Female Population(51.1 %) 154,429
  • Median Age32.90

Income/Financial

  • Average Household Income$72,984
  • Median Household Income$48,711
  • Median Income Under 25$20,263
  • Median Income 25-44$63,418
  • Median Income 45-64$55,423
  • Median Income Over 65$32,575

News

Faros Properties has refinanced its $127.5 million debt on Nova Place, an office and datacenter complex in Pittsburgh. Wells Fargo has provided the $140 million refinance, to be split between a $71 million CMBS WFCM 2019-C51 tranche and two independent notes. The 10-year loan is interest-only an...

  Ever since Gordon Gekko uttered his now infamous credo, “greed is good,” many economists have been concerned with the long-term effects of the growing income inequality in the U.S. While free-market enthusiasts see things differently, inequality has become a recurring topic within our news cyc...

Amazon’s search for a new home has stirred up city officials and developers across the country, and 238 applicants across North America have expressed interest in housing the company’s next headquarters. Of course, the retail giant has a few requirements: the chosen metropolitan area should idea...