Please provide a location to search for

Commercial Real Estate in Pittsburgh, PA - 343 Properties Available

  • U.S. Steel Tower - Pittsburgh
    600 Grant Street, Downtown Pittsburgh, Pittsburgh, PA 15219
    For Lease $27 - $32.5/Sqft/Year
    Property
    • Office
    Availability
    • 15 Spaces
    • 179,290 Sqft
  • The 200 5th Avenue & 438 Market Street - Pittsburgh
    200 5th Avenue, Downtown Pittsburgh, Pittsburgh, PA 15222
    For Lease $22.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 1,050 Sqft
  • The Pittsburgher - Pittsburgh
    428 Forbes Avenue, Downtown Pittsburgh, Pittsburgh, PA 15219
    For Lease $18.5/Sqft/Year
    Property
    • Office
    Availability
    • 21 Spaces
    • 55,248 Sqft
  • Regional Enterprise Tower - Pittsburgh
    611 William Penn Place, Downtown Pittsburgh, Pittsburgh, PA 15219
    For Lease $22/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 12,841 Sqft
  • Jacob Center - Pittsburgh
    100 Fleet Street, Green Tree, Pittsburgh, PA 15220
    For Lease $16.5 - $19.5/Sqft/Year
    Property
    • Office
    Availability
    • 12 Spaces
    • 40,950 Sqft
  • Foster Plaza 10 - Pittsburgh
    680 Andersen Drive, Green Tree, Pittsburgh, PA 15220
    For Lease $26/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 23,192 Sqft
  • Cardello Building - Pittsburgh
    701 North Point Drive, Chateau, Pittsburgh, PA 15233
    For Lease $20.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 54,537 Sqft
  • Washington’s Landing - Pittsburgh
    600 Waterfront Drive, Troy Hill, Pittsburgh, PA 15222
    For Lease $24/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 7,476 Sqft
  • Commerce Court - Pittsburgh
    4 West Station Square Drive, South Shore Pittsburgh, Pittsburgh, PA 15219
    For Lease $27/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 20,594 Sqft
  • Centre Commons Medical Center - Pittsburgh
    5750 Centre Avenue, Shadyside, Pittsburgh, PA 15232
    For Lease $26 - $28/Sqft/Year
    Property
    • Office
    Availability
    • 8 Spaces
    • 25,487 Sqft
  • Allegheny Building - Pittsburgh
    429 Forbes Avenue, Downtown Pittsburgh, Pittsburgh, PA 15219
    For Lease $18.5/Sqft/Year
    Property
    • Office
    Availability
    • 42 Spaces
    • 70,011 Sqft
  • 100 Ross Street - Pittsburgh
    100 Ross Street, Downtown Pittsburgh, Pittsburgh, PA 15219
    For Lease $19.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 9,637 Sqft
  • 914-922 Penn Avenue - Pittsburgh
    922 Penn Avenue, Downtown Pittsburgh, Pittsburgh, PA 15222
    For Lease $23/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 41,920 Sqft
  • 900 Parish Street - Pittsburgh
    900 Parish Street, Green Tree, Pittsburgh, PA 15220
    For Lease $18/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 4,485 Sqft
  • 4 Smithfield Street - Pittsburgh
    4 Smithfield Street, Downtown Pittsburgh, Pittsburgh, PA 15222
    For Lease $19.5/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 18,081 Sqft
  • Noblestown Plaza - Pittsburgh
    2121 Noblestown Road, Westwood, Pittsburgh, PA 15205
    For Lease $14/Sqft/Year
    Property
    • Office
    Availability
    • 9 Spaces
    • 28,200 Sqft
  • The Warner Center - Pittsburgh
    332 5th Avenue, Downtown Pittsburgh, Pittsburgh, PA 15222
    For Lease $12.5/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 32,664 Sqft
  • Four Gateway Center - Pittsburgh
    444 Liberty Avenue, Downtown Pittsburgh, Pittsburgh, PA 15222
    For Lease $27.5/Sqft/Year
    Property
    • Office
    Availability
    • 16 Spaces
    • 70,053 Sqft
  • Bakery Office Two - Pittsburgh
    6425 Living Place, Shadyside, Pittsburgh, PA 15206
    For Lease $45/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 4,233 Sqft
  • Foster Plaza VIII - Pittsburgh
    730 Holiday Drive, Green Tree, Pittsburgh, PA 15220
    For Lease $22 - $22.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 10,363 Sqft
  • 106 Isabella - Pittsburgh
    106 Isabella Street, North Shore, Pittsburgh, PA 15212
    For Lease $23.5 - $24.5/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 42,590 Sqft
  • Bridgeside - Pittsburgh
    100 Technology Drive, South Oakland, Pittsburgh, PA 15219
    For Lease $37 - $40/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 7,718 Sqft
  • 601 Grant Street - Pittsburgh
    601 Grant Street, Downtown Pittsburgh, Pittsburgh, PA 15219
    For Lease $22/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 87,096 Sqft
  • Two Chatham Center - Pittsburgh
    112 Washington Place, Downtown Pittsburgh, Pittsburgh, PA 15219
    For Lease $21.5/Sqft/Year
    Property
    • Office
    Availability
    • 11 Spaces
    • 105,327 Sqft
  • The Pitt & Travelers Aid Buildings - Pittsburgh
    213 Smithfield Street, Downtown Pittsburgh, Pittsburgh, PA 15222
    For Lease $24/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 26,784 Sqft

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: 53,089,006 SF

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

By square footage range:

  • 50k to 100k SF: 5,045,668 SF / 9.5% of total office
  • 100k to 500k SF: 29,450,040 SF / 55.47% of total office
  • 500k to 1M SF: 12,745,917 SF / 24.01% of total office
  • > 1M SF: 5,847,381 SF / 11.01% of total office

By class:

  • Class A+: 5,360,658 SF / 10.1% of total office
  • Class A: 21,557,087 SF / 40.61% of total office
  • Class B: 19,488,074 SF / 36.71% of total office
  • Class C: 720,243 SF / 1.36% of total office

Industrial

Total: 9,621,081 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 100k to 500k SF: 7,936,081 SF / 82.49% of total industrial
  • 500k to 1M SF: 1,685,000 SF / 17.51% of total industrial

By class:

  • Class A: 1,532,499 SF / 15.93% of total industrial
  • Class B: 5,501,737 SF / 57.18% of total industrial
  • Class C: 1,759,345 SF / 18.29% 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 Population305,012
  • Male Population(48.9 %) 149,303
  • Female Population(51.1 %) 155,709
  • Median Age32.90

Income/Financial

  • Average Household Income$66,639
  • Median Household Income$44,092
  • Median Income Under 25$19,769
  • Median Income 25-44$55,158
  • Median Income 45-64$53,128
  • Median Income Over 65$30,507

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...

COMMERCIALCafé is your first and only stop when it comes to commercial real estate leasings in Pittsburgh, PA. Search through our extensive selection of commercial properties for lease with current space availability in the area ranging between 1050 square feet and 179290 square feet. Discover the right property from our 343 listings by using our advanced search function, which includes search by property type, space availability, management company, lease rates, and more.