Office

Gulf Tower

gulf tower, pittsburgh, PA 15219

Price

Price on request

Price/Sq Ft

$32.00

Description

One of the major recognizable features of the Pittsburgh cityscape,the Gulf Tower is a multiple BOMA Building of the Year award winner and is one of Pittsburgh’s best maintained properties. With tenant options ranging from 1,000 square feet to 160,000 square feet and located within a few blocks of the David L. Lawrence Convention Center,major hotels,theaters,galleries and restaurants,this building offers many options for tenants and visitors. In the tower,the typical office floor has five elevators,two fire stairs,two restrooms and a separate large freight elevator to the loading dock. Windows are thermally insulated with embedded blinds. The Gulf Tower offers a fully equipped fitness center and locker rooms,shuttle service and bike storage for tenants.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

gulf tower, pittsburgh, PA 15219

Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeFull Service

Market Context

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

Projected current pricing

low confidence

Projected asking rent

$26.74–$26.93/SF/yr

Estimated sale value

$98–$129/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 12.5%, asking rent trend-adjusted to today).

View the full Pittsburgh Office market report →

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

Compare it against other office listings for lease in Pittsburgh, PA to benchmark pricing and space — view the full market.

Unified Estimate

High Confidence

$23.12/SF/mo-$29.33/SF/mo

Mid: $25.50/SF/mo

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

Lease Rate & Market Trend

Market report quarterly trend fallbackFIPS 42003

Low Confidence

Avg Rent ($/SF/mo) (market data)

Market asking rent (quarterly avg)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.