• Parkway West recorded the largest positive net absorption out of all submarkets this quarter with 130,000 sq. ft.
  • Pittsburgh’s average asking office lease rate rose to $23.36 per-sq.-ft., marking the sixth consecutive quarter of growth.
  • The Downtown Fringe recorded four consecutive quarters of positive absorption for a total of over 500,000 sq. ft.
  • Three office buildings sold across Pittsburgh for a total of over 360,000 sq. ft.