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Availability in Pittsburgh's retail market remains near record-low

Older spaces make up bulk of retail availability, further limiting retailers’ options
Available retail space is at a premium, making it increasingly difficult for retailers to find suitable space in desirable locations.
Available retail space is at a premium, making it increasingly difficult for retailers to find suitable space in desirable locations.
CoStar Analytics
March 26, 2025 | 2:24 P.M.

Despite a wave of bankruptcy-related store closures, the retail market continues to see historically low availability as few new retail developments have been completed over the past decade. As of the first quarter of 2025, the retail availability rate in Pittsburgh hovers just above 5%, where it has held since mid-2022.

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