Center City West Industrial

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

Center City West

Office Space Market Report

Number of Listings (last 90 days)
55
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
5,240
As of: December 9, 2016

Center City West Rates

The typical asking rate per listing is in the $30's per square foot per year. The Center City West submarket is going through a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 2% increase in rent.

Compared to the rest of the Philadelphia market, the Center City West region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Center City West Listing Supply

In the last 90 days, 62 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the available leases in the Center City West are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 5,190 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 27 floors. Most buildings in this area were built in 1969 and are Class A.

Center City West Community

Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Center City West occupants. Commuting more than an hour and a half 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 West.
Market Report

Market Data

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