Philadelphia County Office Space

Philadelphia County

Office Space Market Report

Number of Listings (last 90 days)
286
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
5,610
As of: January 21, 2017

Philadelphia County Rates

The typical asking rate per listing is in the $30's per square foot per year. The Philadelphia County submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 9% increase in rent.

Philadelphia County Listing Supply

In the last 90 days, 286 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the available leases in the Philadelphia County are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 5,610 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 6 floors. Most buildings in this region were built in 1948 and are Class A.

Philadelphia County Community

Market Report

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

Market Data

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

Philadelphia County Submarkets