Center650 — Sale in Pittsburgh, PA

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

Description

Center650 is the epitome of modern office space in Pittsburgh’s Central Business District. Located at 650 Smithfield Street and owned by Douglas Development, this premier property offers a newly renovated lobby, new cutting-edge elevators, and an impressive array of amenities. From the state-of-the-art fitness center to versatile conferencing facilities and move-in ready spec suites, Center650 is designed to elevate your work experience. With exceptional city views and prime downtown access, it’s more than just an office — it’s a hub for innovation and success in the heart of Pittsburgh.

Market Context

This office in Pittsburgh, PA is listed for sale. It has been on the market for 141 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.

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