Pittsburgh Office MarketBeat Q1 2026
Pittsburgh's office market in Q1 2026 experienced a marginal increase in overall vacancy to 17.4% amid year-to-date net absorption losses of 251,400 square feet, with asking rents at $25.77 per square foot across all property classes. Despite elevated vacancy, Class A space in the Central Business District remains in high demand with limited supply, enabling landlords to maintain pricing power and achieve 6.3% rent growth since the 2024 bottom, while expansion activity by tenants suggests some correction of earlier aggressive downsizing decisions.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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