Downtown Allentown Office Space

Downtown Allentown

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,900
As of: June 26, 2017

Downtown Allentown Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Allentown submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $26 per sqft per year.

Downtown Allentown Listing Supply

In the last 90 days, 12 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the office spaces in the Downtown Allentown 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,900 sqft. Most properties in this region are approximately 4 floors. Most buildings in this area 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 residents. 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