Pennsylvania Industrial

Pennsylvania

Office Space Market Report

Number of Listings (last 90 days)
2,511
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
3,320
As of: March 1, 2017

Pennsylvania Rates

The typical asking rate per listing is in the $20's per square foot per year. The Pennsylvania submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decline in rent.

Pennsylvania Listing Supply

In the last 90 days, 2528 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Pennsylvania are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,200 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1980 and are Class B.

Pennsylvania Community

Market Report

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

Market Data

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