The Pittsburgh office market is alive and thriving. Here is our Viewpoint Pittsburgh Market Q2 2021. Tech, healthcare, and life sciences companies are thriving. Many of them are doubling and tripling in size and looking for office spaces that can not only allow them growth but significant amenities to recruit and retain top talent. The labor market continues to strain businesses. Many new construction projects are underway and speculative development is popping up all over the fringe of the Central Business District. The industrial market remains strong with last-mile distribution centers and logistics in strong demand. Subleasing is beginning to decrease and companies are pulling their listings from the market to utilize the space for themselves. Co-working is back and demand is increasing, as employees are struggling working from home. The fear of the Delta variant of Covid19 is becoming a significant threat to the return to work movement. Every quarter we put out our Viewpoint Pittsburgh Market update.
Rise Pittsburgh transforms the commercial real estate experience through proprietary technology for future-focused companies. As independent workspace advisors, we deliver objective knowledge and customized solutions to connect the loop between talent, culture, and space. Through technology, complete transparency, and passionate client advocacy, we are disrupting the traditional real estate model, delivering solution-focused workplace strategies. Rise Pittsburgh is a 100% Women-Owned Business.