Office for Lease in Pittsburgh, PA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Pittsburgh, PA 15222

Description

925 Penn Avenue is well situated in the Pittsburgh Cultural District. This six-foot building gives its tenants the feeling of truly being in the center of it all. This 48,000 square foot building has a 2000-amp main service with new electrical risers and panels on most floors. For the safety of our tenants, there is a card-swipe security access system throughout the building. Rugby Realty gives tenants the option to do a full build out of this space, letting you fully customize to your style and needs. Tenants can also enjoy the ample parking in and around the Cultural District. When you are a tenant at 925 Penn Avenue, you also have the opportunity to book meeting rooms at any conference center owned by Rugby Realty and RexxHall Realty.

Market Context

This office in Pittsburgh, PA is listed for lease. It has been on the market for 148 days. Compare it against other office listings for lease in Pittsburgh, PA — <a href="/search/lease/office/pennsylvania/pittsburgh">view the full market</a>.

As of Q1 2026, the Pittsburgh office market showed average asking rents near $26.74/SF/yr, rents up 2.8% year over year, and cap rates around 12.5%. Source: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

What is the typical cap rate for office in Pittsburgh?
About 12.5% as of Q1 2026, per Consensus.

Unified Estimate

High Confidence

$20.85/SF/mo – $25.29/SF/mo

Mid: $21.99/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

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