Uncertainty looms as sublease space availability
and vacancy reach record highs
• Available sublease space has surpassed 2.1 million s.f., making up
about 14% of all available space for lease in Pittsburgh’s inventory.
• Q2 marked the 7th consecutive quarter of rising vacancy rates.
• The majority of year-to-date new leasing activity has been equally
divided among the highest performing submarkets: CBD, Fringe, and
Northern 1-79/ Cranberry.