SouthSide Works Building Two — Sale in Pittsburgh, PA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Pittsburgh, PA 15203

Description

New Ownership. New Opportunity. New Era. SouthSide Works is Pittsburgh’s premier city lifestyle center, perched on the edge of the Monongahela riverfront and a part of Pittsburgh’s vibrant and energetic South Side neighborhood. New Ownership. New Opportunity. New Era. SomeraRoad is redefining the riverfront experience at SouthSide Works by investing $100+ million into property and site improvements. SouthSide Works is embracing an "inside outside" approach to lifestyle, creating spaces for the community of Pittsburghers and visitors to live, shop, work, dine, and play. Outdoor amenity areas now complete! - Revitalized Town Square and public gathering areas - Revitalized retail strategy – lifestyle-centric, local vendors and artisans - Brand-new dog park featuring Levity Brewing Company's permanent kiosk - Children’s playground - Public art exhibits and installations - Refreshed branding and way-finding signage New retail tenants include: - Pins Mechanical - CoHatch - The Speckled Egg - Commonplace Coffee Co. - Jeni's Splendid Ice Creams - Kura Revolving Sushi Bar - Rite Aid Other amenities include: - LA Fitness - South Side Marina - Pittsburgh Tour Company/Pittsburgh Trolley Works - Healthy Ride bike share program - The Cheesecake Factory - Hofbrauhaus - Springhill Suites by Marriott - Hyatt House - REI - Aerie - GNC - Urban Outfitters Notable Office Tenants - Amazon - American Eagle (Corporate Headquarters) - Fred Rogers Productions - General Dynamics - University of Pittsburgh - UPMC Multifamily Development - 1,832 existing units - New 247-unit multifamily waterfront building, The Park at SSW, now under construction, delivering 2024

Market Context

This office in Pittsburgh, PA is listed for sale. It has been on the market for 197 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.

Estimated Market Rate

$100.00/SF – $100.00/SF

Mid: $100.00/SF

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

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