Centre County Commercial Real Estate

255 Northland Center - Space Park Forest Village, PA  
Aug 31
220 W High St - Space Bellefonte, PA HVAC
Jun 30

Centre County

Market Report

Number of Listings
Posted in the last 90 days
Median Rate ($/sqft/yr)
Median Size (sqft)

Centre County Rates

The typical asking rate per listing is in the $10's per square foot per year. The Centre County submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 12% decline in rent.

Centre County Listing Supply

In the last 90 days, 50 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the office spaces in the Centre County are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,400 sqft. Most properties in this area are approximately 3 stories. Most buildings in this area were built in 1970 and are Class A.

Centre County Community

Market Data

Real time and historical data on commercial real estate listings in Centre County.