Highlights
- The average rent for office space in Pittsburgh is $29.76 per square foot, 5.97% higher compared to the previous year.
- The market’s vacancy rate stands at 18.87%, higher than the state average of Pennsylvania, which is 18.29%.
- Renting Class A/A+ office space here costs $32.59 per square foot, while Class B averages $25.55 and Class C stands at $22.20.
- 185,000 square feet is currently under construction.
2025 Office Space Rent & Sales
- $29.76 2025 Avg. Asking Rent
- 5.97% Y-o-Y Avg. Asking Rent Change
- 18.87% 2025 Office Vacancy Rate
- $165.4M2025 Total Office Sales
- $107.06Avg. Sale Price/SF
What is the average asking rent price for office space in Pittsburgh?
Average asking rents for office space here stand at $29.76 per square foot. The local office market recorded an average vacancy rate of 18.87% in 2025, unchanged from 18.87% in 2024.
Office transactions in the local market in 2025 totaled a sales volume of $165.4M across 15 sales. These transactions commanded an average sale price per square foot of $107.06.
Pittsburgh, PA Office Asking Rents by Class
What is the average office rent per square foot by property class in Pittsburgh?
- Avg. Asking Rent Class A & A+$32.59
- Avg. Asking Rent Class B$25.55
- Avg. Asking Rent Class C$22.20
The average asking rent for Class A and A+ office space stood at $32.59 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Pittsburgh averaged $25.55 per square foot, while the average for Class C space was $22.20 per square foot.
What is the average office rent per square foot by property class in PA?
- Avg. Asking Rent Class A & A+$35.64
- Avg. Asking Rent Class B$25.85
- Avg. Asking Rent Class C$19.18
For comparison, the average rent for Class A and A+ office space in Pennsylvania was $35.64 per square foot. The state-wide average for Class B space was $25.85 per square foot, and Class C office spaces averaged $19.18 per square foot.
Pittsburgh, PA Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Oakland | $46.74 | 18.41% |
| Pittsburgh CBD | $32.26 | 16.74% |
| Greater Downtown | $30.76 | 16.63% |
| South Side - Technology Drive | $26.35 | 18.68% |
| South | $26.17 | 11.68% |
| Parkway West | $25.93 | 26.65% |
| North | $23.42 | 16.39% |
| Parkway East | $22.65 | 23.58% |
| Bridgeville | $21.00 | 18.67% |
| Northeast | $19.63 | 42.24% |
2025 Office Sales Volume
- $107.062025 Avg. Price per SF
- -1.19%Y-o-Y Avg. PpSF Change
- $165.4M2025 Office Sales Volume
- 152025 Number of Transactions
What is the average sale price per square foot for office space in Pittsburgh?
Average sale prices for office space in this market recorded a -1.19% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $107.06 per square foot. For comparison, the statewide Pennsylvania average during the same time period stood at $95.58 per square foot, while the national average was $182.48 per square foot.
Pittsburgh, PA Sale Price per SF Trend
- Pittsburgh Avg. Sale Price per SF in 2025$107.06
- Pennsylvania Avg. Sale Price per SF in 2025$95.58
What was the total office sales volume in Pittsburgh in 2025?
The local office market recorded 15 deals in 2025, adding up to a yearly sales volume of $165.4M.
- Pittsburgh, PA Total Office Sales Volume in 2025 $165.4M
- Pittsburgh, PA Total Number of Office Sales Closed in 2025 15
What were the largest office building sales in Pittsburgh in 2025?
The market’s largest transaction last year was the sale of 1600 Smallman for $43,750,000 on 5/20/2025. The next-highest sale was the transaction involving Crucible, The, which traded for $25,260,400. The third-largest transaction was the sale of Station Square Commerce Court for $22,854,400.
| Property name | Address | Date | Price |
|---|---|---|---|
| 1600 Smallman | 1600 Smallman Street | 5/20/2025 | $43,750,000 |
| Crucible, The | 3011 Smallman Street | 10/29/2025 | $25,260,400 |
| Station Square Commerce Court | 4 West Station Square Drive | 11/24/2025 | $22,854,400 |
| Station Square Landmarks Building | 100 West Station Square Drive | 11/24/2025 | $17,399,750 |
| UPMC Melwood Technology Center | 450 Melwood Avenue | 7/30/2025 | $8,200,000 |
2025 Office Construction in Pittsburgh, PA
- Pittsburgh, PA Total SF completed in 2025 418,000
- Pittsburgh, PA Total SF under construction in 2026 185,000
How much office space was built in Pittsburgh in 2025?
Looking forward, development activity in 2026 is estimated to add 185,000 square feet of office space to the market in total.
What are the largest recent office completions in Pittsburgh?
The largest recent office completion here is Tower Two-Sixty at 400,000 square feet, completed in 2016. The next largest completions are Liberty East and Bakery Office Three.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Flats on Forward | 5824 Forward Ave, 15217 | 44,000 | 2024 |
| Liberty East | 141 South Saint Clair Street, 15206 | 306,978 | 2022 |
| The Box Office at SouthSide Works | 425 Cinema Drive, 15203 | 66,263 | 2022 |
| 75 Hopper Place | 75 Hopper Place, 15222 | 145,292 | 2021 |
| Bakery Office Three | 6420 Penn Avenue, 15206 | 306,333 | 2020 |
| 275 North Shore Drive | 275 North Shore Drive, 15212 | 200,000 | 2019 |
| Tower Two-Sixty | 260 Forbes Avenue, 15222 | 400,000 | 2016 |
| People’s Center | 375 North Shore Drive, 15212 | 303,044 | 2006 |
| SouthSide Works - Building 2 | 2730 Sidney Street, 15203 | 189,000 | 2004 |
| 1710 Murray Avenue | 1710 Murray Avenue, 15213 | 51,360 | 2004 |
See reports for other markets
- Philadelphia Office Rent Price
- Harrisburg Office Rent Price
- West Chester Office Rent Price
- Lancaster Office Rent Price
- Exton Office Rent Price
- Mechanicsburg Office Rent Price
- Akron Office Rent Price
- Austin Office Rent Price
- Houston Office Rent Price
- San Diego Office Rent Price
- Phoenix Office Rent Price
- San Antonio Office Rent Price
- Chicago Office Rent Price
- Los Angeles Office Rent Price
- San Francisco Office Rent Price
- Atlanta Office Rent Price
Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
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 Yardi Research Data can guarantee that the information provided is complete.