• Add a Listing
  • Log In
  • For Lease
    • Monroeville Office Spaces for Lease
    • Monroeville Retail Spaces for Lease
    • Monroeville Industrial Spaces for Lease
  • For Sale
    • Monroeville Office Properties for Sale
    • Monroeville Retail Properties for Sale
    • Monroeville Industrial Properties for Sale
  • Commercial Real Estate
  • Coworking

Monroeville Office Rent Price & Sales Report

2020 Office Space Rent & Sales

  • $21.55 2020 Avg. Asking Rent
  • -1.75% Y-o-Y Avg. Asking Rent Change
  • 21.04% 2020 Office Vacancy Rate

Monroeville office price per square foot in 2020 was $21.55 on average. This marked a -1.75% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 21.04% across all asset classes combined.

Average Rent by Office Class

2020 Average Office Rent per Square Foot

  • Monroeville Class A Office Space$21.72
  • Monroeville Class B Office Space$22.02
  • Monroeville Class C Office Space$17.00
  • Pennsylvania Class A Office Space$31.04
  • Pennsylvania Class B Office Space$24.78
  • Pennsylvania Class C Office Space$20.82

Monroeville, PA Office Asking Rents by Class

Average office rent in Monroeville rested at $21.55 per square foot in 2020. As would be expected, office rent price showed some variation from one asset class to another. As such, the asking rent for class A office space in Monroeville averaged $21.72 per square foot. Across all submarkets, class B office space recorded an average asking rent of $22.02 per square foot. Meanwhile, assets encompassing class C office space saw asking rents of $17.00 per square foot, on average. Comparably, statewide Pennsylvania average office rents by class in 2020 were: $31.04 per square foot for class A office space; $24.78 per square foot for class B office space; $20.82 per square foot for class C office space.

2020 Office Construction in Monroeville, PA

  • Monroeville, PA Total SF completed in 2020

During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Monroeville office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.

Largest Office Properties Recently Completed in Monroeville
Office building Address SF Completed
1000 Infinity Road 1000 Infinity Road, 15146 25,255 2005
Compunetix Corporate Headquarters 2420 Mosside Blvd, 15146 99,290 1997
UPMC at Oxford Drive - 600 Oxford Drive 600 Oxford Drive, 15146 59,788 1996
125 Daugherty Drive 125 Daugherty Drive, 15146 38,218 1992
Tech One Office Park - Building 2 1500 Tech Center Drive, 15146 81,165 1991
UPMC at Oxford Drive - 400 Oxford Drive 400 Oxford Drive, 15146 55,080 1991
300 Oxford Drive 300 Oxford Drive, 15146 90,966 1990
200 James Place 200 James Place, 15146 30,994 1987
William Penn Plaza 2790 Mosside Blvd, 15146 130,000 1985
Monroeville Medical Office Buildings 4075 Monroeville Blvd, 15146 115,918 1985

Worth noting among recent office completions on the Monroeville market is 1000 Infinity Road, which is currently the largest new office development in the city, at 25,255 square feet.

Data provided by Commercial Edge

See reports for nearby markets

  • Pittsburgh Office Rent Price

This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Monroeville commercial properties sized 25,000 square feet or larger.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.

    • United States
    • Canada

© 2022 - Yardi Systems, Inc. All Rights Reserved.
About Us
  • Contact Us
  • Who We Are
  • Terms Of Service
  • Privacy Statement
  • Your CA Privacy Rights
  • Sitemap
  • Blog
Our Tools
  • Add a listing
  • Real Estate Terms