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)
146
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
5,590
As of: January 17, 2017

Center City West Rates

On average, listings lease in the $30's per square foot per year. The Center City West region is going through a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% rise in rent.

Compared to the rest of the Philadelphia market, the Center City West submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Center City West Listing Supply

In the last 90 days, 146 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the listings in the Center City West are subleases, so you will probably have to focus your search on direct office leases. 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 5,590 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 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 area. 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