Family Office Briefing on research byLee & Associates·Apr 22, 2025
2025.Q1 Western Pennsylvania, PA - Office
Western Pennsylvania office market shows signs of stabilization with 11.9% vacancy in Q1 2025 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 11.9% |
| Net Absorption | 298,647SF |
| Average Asking Rent | 25.16$/SF |
| Cap Rate | 10.7% |
Metrics extracted from the source report and independently fact-checked. Method →
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