Fifth Avenue Place — Sale in Pittsburgh, PA

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

Description

Located at the corner of Liberty Avenue and Fifth Avenue, Fifth Avenue Place is a Class A trophy office tower that rises 31 stories and 616 feet above Downtown Pittsburgh. Having undergone a recent renovation, the new expansive lobby also features retail and amenity space that includes banking, dining and shopping options, making this a unique location. Centrally located within the Golden Triangle, Fifth Avenue Place is directly adjacent to Gateway Center light rail station and Market Square, plenty of amenities, dining establishments, and more. Fifth Avenue Place offers exceptional office spaces with floor plates ranging from 18,000 to 25,000 square feet, providing flexibility for any business configuration. High ceilings, floor-to-ceiling windows, and modern systems create bright, efficient workspaces with panoramic views of Pittsburgh’s three rivers and skyline. These premium environments deliver the perfect setting for organizations seeking a prestigious address in the heart of Downtown Pittsburgh’s Golden Triangle.

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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