Center City Office Space

Center City

Office Space Market Report

Number of Listings (last 90 days)
94
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
4,330
As of: May 19, 2017

Center City Rates

On average, listings lease in the $10's per square foot per year. The Center City region is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decrease in rent.

Center City Listing Supply

In the last 90 days, 94 listings have been posted online, so you'll want to check back regularly for new listings. About 17% 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 4,330 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this region were built in 1947 and are Class C.

Center City Community

Professional services is the dominant industry in this region. Most of the folk of Center City work from home. Commuting under 5 minutes 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.
Market Report

Market Data

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