Ben Atwood

<html><head></head><body><div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>In recent years, the <span class="Enhancement"><span class="Enhancement-item"><a class="Link
" href="https://product.costar.com/Market/#/search/detail/submarket/USA/type/0/property/5/geography/1406/slice/all">Oakland office submarket</a></span></span>  of Pittsburgh has seen some of the area&apos;s strongest absorption rates. Demand has been strong enough to keep vacancies hovering near record lows for years, and developers now seem confident enough to bring speculative space online. </p></div></div></body></html>

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The Riviera

CoStar Market Insights: Vacancy Rates Remain Low Amid Strong Tech, Medical Absorption in the Submarket

Pittsburgh's Oakland Office Market Seeing New Spec Development, But Will the Demand Be There?

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This article was originally published on <a>Homes.com</a>.

<b>CoStar's Impact Awards</b> highlight the commercial real estate transactions and projects that have transformed their markets over the past year. The winners are chosen by independent panels of industry professionals who work in the markets they judge. Learn more about the awards <a>here</a>.

CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

CoStar has introduced a new market-based program recognizing the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction will be singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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Pittsburgh's Oakland Office Market Seeing New Spec Development, But Will the Demand Be There?

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Pittsburgh's Oakland Office Market Seeing New Spec Development, But Will the Demand Be There?

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