Center City Industrial

Center City

Office Space Market Report

Number of Listings (last 90 days)
94
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
4,330
As of: June 27, 2017

Center City Rates

The typical asking rate per listing is in the $10's per square foot per year. The Center City region is going through a a rise in rates. In the last 3 months, the median rate went up $20 per sqft per year.

Center City Listing Supply

In the last 90 days, 94 listings have come on the market, so you'll want to check back regularly for new listings. About 30% of the available leases in the Center City are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 7,240 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this area were built in 1947 and are Class C.

Center City Community

Professional services is the dominant industry in this region. Most of the folk of Center City work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Center City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Center City.
Research