Marquis Corporate Center 1 — Lease in Pittsburgh, PA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Pittsburgh, PA 15205

Description

Three (3) story, 61,500 RSF office building with up to 16,590 contiguous RSF immediately available (sub-dividable). Landlord can provide in-house design and renovate to suit. Above market parking ratio ~ 690 total spaces for the complex including 267 covered spaces in new parking structure. Potential exterior signage opportunity providing unmatched Parkway West visibility. Access to full building generator to power business functions. On-site storage available. Covered shipping/receiving area. Recent renovations include: new façade on front of building, newer roof, HVAC, and landscaping.

Market Context

This office in Pittsburgh, PA is listed for lease. It has been on the market for 196 days. Compare it against other office listings for lease 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 space leases 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

$4.69/SF/mo – $6.35/SF/mo

Mid: $5.52/SF/mo

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

Based on comparable properties in similar markets rather than local sales.

Contact

Explore this market

Similar Office for Lease in Pittsburgh, PA