Compared to the rest of the Philadelphia market, the Center City East region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 16 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available leases in the Center City East 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,060 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 5 stories. Most buildings in this region were built in 1924 and are Class A.