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Sewickley Office Suites -- Professional, Furnished Office Space in Pittsburgh/Sewickley

Sewickley Office Suites, LLC...convenient Office Suite Leasing in Sewickley/Pittsburgh Area
Contact us today for flexible leasing options
Phone: 412-741-1200 Fax: 412-291-1012 Email: info@sewickleyofficesuites.com Address/Location: The Car Barn Shops Building, 409 Broad Street, Suite 270, Sewickley, Pennsylvania 15143

Wednesday, November 21, 2007

 

Report: More Downtown Offices Empty Last Year

According to a Pittsburgh Post Gazette article published on January 17, 2007, the vacancy rate for office space in Pittsburgh increased in 2006 to 20% compared to 17.7% at the end of 2005.

The vacancy rate for Pittsburgh office space is comparable to Detroit but is far short of metropolitan areas like Philadelphia, Boston and Miami. (Perhaps the fact that Pittsburgh was once again voted "Most Livable City" in 2007 will have an impact on these figures.) The article claims that one reason for the declining occupancy in the downtown area is the increasing tendency of businesses to relocate outside of the city.

Interestingly, the article indicates that the Parkway West corridor has the greatest vacancy rate of all the Pittsburgh suburbs. This is surprising considering the fact that the West offers the easiest access to Pittsburgh International Airport as well as one of the best rush hour routes to downtown via Route 65.


Contact us now for leasing options:
Phone: 412-741-1200
Fax: 412-291-1012
Email: info@sewickleyofficesuites.com
Address: 409 Broad Street, Suite 270, Sewickley, Pennsylvania 15143

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