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)
3,330
As of: May 22, 2017

Philadelphia Metropolitan Area Rates

On average, listings lease in the $20's per square foot per year. The Philadelphia Metropolitan Area submarket is going through a a rise in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 0% rise in rent.

Philadelphia Metropolitan Area Listing Supply

In the last 90 days, 1426 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available space in the Philadelphia Metropolitan Area 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 3,330 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1983 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