Most listings are in the $30's per square foot per year. The Center City region is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the Philadelphia market, the Center City region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 129 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Center City are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 4,950 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 20 stories. Most buildings in this area were built in 1930 and are Class A.