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750 Commercial Real Estate Listings in Pittsburgh, PA

Pittsburgh, PA Commercial Real Estate

There are currently 745 commercial listings available in Pittsburgh, PA. These listings include 1,027 commercial spaces that encompass a total of 10,701,636 square feet. Available commercial spaces in Pittsburgh, PA range in size from 100 square feet to 300,000 square feet. A total of 379 off-market commercial properties located in Pittsburgh, PA are also available for research.

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Pittsburgh, PA Commercial Real Estate Market Overview

Location Photo

The Steel City is in western Pennsylvania at the intersection of the Monongahela, Ohio and Allegheny rivers, and is the largest city Appalachia. Pittsburgh’s rich history shines through in every facet of the city. Until the 1970s, the city was an industrial center, but it has since transitioned away from manufacturing and into education, technology and healthcare sectors. The city boasts more than 60 colleges, including the University of Pittsburgh and Carnegie Mellon.

Pittsburgh, PA Commercial Inventory Breakdown

Office Spaces

Total: 54,442,579 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 5,777,209 SqFt 10.61% of total office
100k to 500k SqFt 29,621,380 SqFt 54.41% of total office
500k to 1M SqFt 11,741,763 SqFt 21.57% of total office
> 1M SqFt 7,302,227 SqFt 13.41% of total office
By class:
Class A+ 5,360,658 SqFt 9.85% of total office
Class A 25,474,225 SqFt 46.79% of total office
Class B 17,566,833 SqFt 32.27% of total office
Class C 1,263,220 SqFt 2.32% of total office
Roughly 21.57% of the total office space in Pittsburgh, PA is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 10.61% of the office inventory.

Class A office space holds a 46.79% share of the overall Pittsburgh, PA office market, while Class B office assets make up approximately 32.27%.

Industrial

Total: 14,923,151 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 3,853,513 SqFt 25.82% of total industrial
100k to 500k SqFt 9,384,638 SqFt 62.89% of total industrial
500k to 1M SqFt 1,685,000 SqFt 11.29% of total industrial
By class:
Class A 1,629,499 SqFt 10.92% of total industrial
Class B 8,720,425 SqFt 58.44% of total industrial
Class C 3,415,727 SqFt 22.89% of total industrial
There are 9,384,638 square feet of commercial real estate properties between 100k to 500k square feet, representing 62.89% of the Pittsburgh, PA industrial inventory. Class A assets total 1,629,499 square feet of industrial space, with an additional 8,720,425 square feet of Class B and 3,415,727 square feet of Class C properties.

Pittsburgh, PA Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Pittsburgh, PA Office 245 9,420,124
Pittsburgh, PA Retail 90 404,441
Pittsburgh, PA Industrial 30 851,701
Pittsburgh, PA Other 357 10,685,266
Ofice Icon

245

Office

Industrial Icon

30

Industrial

Retail Icon

90

Retail

Current local active listing encompass 21,361,532 square feet of commercial space for lease in Pittsburgh. There are 245 active office listings, which amount to 9,420,124 square feet and account for 33% of commercial spaces on the market. Local retail availability includes 404,441 square feet across 90 listings. Current industrial offerings on the market amount to 851,701 square feet across a total of 30.

Employment in Pittsburgh, PA

Employed Population 162,664

Employed population - Industry % Distribution

Management, business, science, and arts occupations

54%

Sales and office occupations

18%

Service occupations

17%

Production, transportation, and material moving occupations

8%

Natural resources, construction, and maintenance occupations

3%

In 2020, roughly 54% of a total of 162,664 employed in Pittsburgh worked in Management, business, science, and arts occupations, followed by 18% in Sales and office occupations and 17% in Service occupations.

Income per capita $37,278  Median household income $53,799

Household income

47%

Under $50k

29%

$50k - $100k

18%

$100k - $200k

7%

Over $200k

The median household income in Pittsburgh stands at $53,799, with per capita income at $37,278. Households earning between $50k and $100k represent 29% of the total, while those earning over $200k make up 7%. Approximately 47% of Pittsburgh households earn less than $50k per year.

Commuting in Pittsburgh, PA

Mean travel time to work 26 minutes

Means of transportation to work

54.10%

Driving alone

7.80%

Carpool

17.30%

Public transit

1.60%

Bicycle

11.20%

Walking

1.00%

Other

6.90%

Work at Home

*Universe: Workers 16 and over

The mean travel time to work in Pittsburgh in 2020 was 26 minutes. Around 54.10% of workers commute by Driving alone, 17.30% Public transit and 11.20% by Walking.

Education in Pittsburgh, PA

High school grad or higher 94%

Bachelor's degree or higher 47%

Population by minimum level of education

6%

No degree

25%

High school

22%

Some College

24%

Bachelor's

23%

Post-grad

*Universe: Workers 25 and over

An estimated 94% of Pittsburgh residents aged 25 or over hold a high school degree or higher. Of those, 25% are high school graduates, 22% attended some college, 24% earned a bachelor's degree, with an additional 23% holding post-graduate degrees.

Pittsburgh, PA Demographics

As of 2020, Pittsburgh had a total population of 300,281, with a median age of 33.30 years. Roughly 72.40% of the total population was between the ages of 16 and 64 years old.