The Pittsburgh office market held up through the third quarter, but some signs of distress are emerging. Vacancies are softening, but not drastically. However, leasing activity has slowed to a crawl and the market has experienced a notable uptick in sublease availability. While this spike is not close to the escalation seen in markets such as San Francisco, it does register on the national radar.
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October 20, 2020 at 02:06AM
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The Pittsburgh Office Market Is Holding Up, Though Signs of Softening Are Emerging - CoStar Group
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