Colliers' Pittsburgh Office

Tag: Office Market Report

  • Q3 2014 Office Market Report

    —

    by

    Colliers | Pittsburgh

    The Pittsburgh office market continued its steady growth during the third quarter with increased absorption and an unchanged vacancy rate of 8.4%. The average asking lease rate was up over last quarter to $19.97 per square foot, an increase of 0.7%. Class “A” space continues to be in strong demand, especially in the CBD where the vacancy rate…

  • Q1 2014 Office Market Report

    —

    by

    Colliers | Pittsburgh

    Activity in the office leasing market in Pittsburgh leveled off in the first quarter of 2014, but overall the market performance continues to exceed typical expectations for the region. The overall office vacancy rate in the region is up slightly to 8.3 percent from 8.1 percent at the end of 2013, while Class A office space in the CBD…

  • Q4 2013 Pittsburgh Office Market Report

    —

    by

    Colliers | Pittsburgh

    Pittsburgh’s Office Market Continues to Tighten With the rest of the country’s real estate portfolio just beginning to recover, the Pittsburgh office market has seen unprecedented success in terms of its vacancy rate. The overall vacancy rate for the market, at 8.1 percent, is one of the lowest in the country, but only begins to…