Philadelphia Metropolitan Area Office Space

Philadelphia Metropolitan Area

Office Space Market Report

Number of Listings (last 90 days)
1,426
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,450
As of: July 19, 2017

Philadelphia Metropolitan Area Rates

Most listings are in the $20's per square foot per year. The Philadelphia Metropolitan Area region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decrease in rent.

Philadelphia Metropolitan Area Listing Supply

In the last 90 days, 1426 listings have been posted online, so you'll want to check back regularly for new listings. About 57% of the office spaces in the Philadelphia Metropolitan Area are subleases, so you might be able to find a shorter term or below market rent. 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 3,640 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1982 and are Class A.

Philadelphia Metropolitan Area Community

Market Report

Trends and status of the commercial real estate market in Philadelphia Metropolitan Area.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Philadelphia Metropolitan Area.
Research