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Pittsburgh Office Market Overview – Year End 2015

From 2005 to 2013, the vacancy rate in Pittsburgh decreased. It remains among the lowest in the U.S., despite having increased slightly in 2014 and 2015. Additionally, rental rates continued to increase as absorption remained positive in 2015.

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About the Author
Carrie S. Holstead is the Founder, President and CEO of the longest established tenant representation firm in Pittsburgh, Pennsylvania, as well as Chairman Emeritus of ITRA Global with experience in nearly 300 markets around the world. She was honored as a Woman of Influence by Real Estate Forum Magazine in 2015, and is the acclaimed author of the monthly Insider’s View To Corporate Real Estate. If your company needs to expand, contract, merge, relocate, or renew an office leases(s), locally or globally, contact Carrie Holstead at +1 (412) 255-3737. To receive the Insider’s View To Corporate Real Estate electronically, sign up at www.carrieholstead.com.

All information provided herein is from sources deemed reliable but no warranty, expressed or implied, is made.