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)
154
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
5,550
As of: May 20, 2017

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 decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

Compared to the rest of the Philadelphia market, the Center City West submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Center City West Listing Supply

In the last 90 days, 154 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available leases in the Center City West 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 5,550 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 23 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 market. 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