On average, listings lease in the $20's per square foot per year. The Philadelphia Metropolitan Area region is experiencing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 7% increase in rent.
In the last 90 days, 9181 listings have been listed, so you'll want to check back regularly for new listings. About 9% of the available leases in the Philadelphia Metropolitan Area are subleases, so you will probably have to focus your search on direct office leases. 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 4,290 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 1983 and are Class B.
Real time and historical data on commercial real estate listings in Philadelphia Metropolitan Area.
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