Most listings are in the $30's per square foot per year. The Philadelphia County region is experiencing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 11% increase in rent.
In the last 90 days, 2188 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Philadelphia County are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 12,450 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 5 floors. Most buildings in this area were built in 1948 and are Class A.
Real time and historical data on commercial real estate listings in Philadelphia County.
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