Downtown Allentown Office Space

Downtown Allentown

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
9,440
As of: July 28, 2017

Downtown Allentown Rates

Most listings are in the $10's per square foot per year. The Downtown Allentown region is experiencing a a rise in rates. In the last 3 months, the median rate went up $17 per sqft per year.

Downtown Allentown Listing Supply

In the last 90 days, 12 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the office spaces in the Downtown Allentown 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 5,600 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 4 stories. Most buildings in this region were built in 1955 and are Class C.

Downtown Allentown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Allentown occupants. Commuting around 10 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 Downtown Allentown.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Allentown.
Research