11 Parkway Center — Sale in Pittsburgh, PA
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Pittsburgh, PA 15220
Description
Three (3) story, 70,000 RSF office building within Parkway Center complex. Suites available from 2,236 RSF to 4,985 RSF. Landlord can provide in-house design and renovate to suit. Professional on-site management. Above market parking ratio ~ ability to handle up to 8/1,000 RSF plus covered parking for 50 cars. Covered shipping/receiving area. Significant building renovations include: new roof, HVAC, boilers, refurbished elevator cabs, and parking lot.
Market Context
This office in Pittsburgh, PA is listed for sale. It has been on the market for 195 days. Compare it against other office listings for sale in Pittsburgh, PA — view the full market.
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: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Office market FAQ
- What is the typical cap rate for office in Pittsburgh?
- About 12.5% as of Q1 2026, per multiple brokerage reports.
Contact
- Charlie Must · 412 394 9806 · charlie.must@cbre.com
- Andrew Miller · +1 412 394 9807 · andrew.miller@cbre.com
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