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Pittsburgh Vacancy Rates: The Ghost Towns and Hot Spots

Pittsburgh vacancy rates are rising fast, and the numbers tell a stark story for anyone holding or negotiating an office lease in the region. Here is a quick snapshot of where things stand: Market Segment Vacancy Rate Period Pittsburgh Market (all classes) 10.8% Q3 2025 Central Business District office 15.5% Q3 2025 Greater Downtown submarket …

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The Ultimate Office Space Needs Assessment for Growing Teams

How to Calculate Your Office Space Needs Office space needs are typically calculated using a simple formula: multiply your number of in-office employees by a square footage target, then add space for common areas, circulation, and growth. Here is a quick reference to get started: Office Type Square Feet Per Employee High density (call centers, …

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The 5 Personas of Office Tenants And the Cost of Ego Leading Lease Decisions

Most office lease mistakes happen because someone avoids the uncomfortable truth that commercial real estate is difficult. Ego often gets in the way, or overconfidence takes the wheel during high-stakes discussions. Most tenants only negotiate a lease once every five to ten years. That is simply not enough practice to become proficient at it. Understanding …

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