219 Forbes Ave Pittsburgh, PA 15222
Market Square Place, located at 219 Forbes Ave in Pittsburgh, PA 15222, offers a unique opportunity to lease high-quality office space in a vibrant downtown location. This Class A building, totaling 142,739 square feet, underwent renovations in 2010 and boasts a prime location within the Central Business District (CBD) submarket. The property sits on 0.89 acres and features five stories, multiple tenants, and elevators. The available space encompasses 10,910 square feet, ideal for a variety of business needs. The building's historic charm, stemming from its origins as the G.C. Murphy building, is complemented by modern amenities. Its mixed-use nature includes 60,000 square feet of first-class retail space on the lower levels, creating a dynamic and bustling environment. The property's address (APN 0001-D-00268-0000-00) places it in the heart of Market Square, offering unparalleled access to the city's amenities and a high level of pedestrian traffic. This is an exceptional opportunity to secure office space in one of Pittsburgh's most desirable locations. The building's traditional office subtype provides a classic and professional atmosphere.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.