Center City Industrial

We couldn't find any industrial spaces for Lease and Sublease

Center City

Office Space Market Report

Number of Listings (last 90 days)
219
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
7,730
As of: July 23, 2017

Center City Rates

On average, listings lease in the $30's per square foot per year. The Center City submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decline in rent.

Compared to the rest of the Philadelphia market, the Center City region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Center City Listing Supply

In the last 90 days, 219 listings have been posted online, so you'll want to check back regularly for new listings. About 26% of the listings in the Center City are subleases, so you might be able to snag a great spot on a short term. 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 7,730 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 17 floors. Most buildings in this region were built in 1931 and are Class A.

Center City Community

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