Rittenhouse Square Office Space

1905 Spruce St Space
Rittenhouse Square, Philadelphia, PA
Are you ready to take your office out of your bedroom? Are you ready to grow your business to the next level? Are you thinking about moving your company into a co-working space but you are worried about your privacy? If you find yourself in these situations, 1905 Collective introduces you to the most exquisite, creative workspace in the city. 1905 Collective offers the perfect marriage between co-working space and privacy in a brilliantly finished & perfectly laid out professional office space. Located one block from Rittenhouse Square, 1905 Collective is your opportunity to bring your business into the heart of Center City Philadelphia. This special property underwent a complete and custom high-end renovation in 2014. The space includes a gorgeous reception area, conference rooms, private offices, co-work spaces as well as 2 fully equipped kitchenettes. Filtered water, coffee and snacks are always available for free! 1905 Collective provides you with all the benefits of co-working space coupled with a high level of privacy. You will share 2800 square feet of co-working space and will have access to your own workstation. Five workstations are available with private storage. Working in 1905 Collective's building will give you access to high speed Wi-Fi, scanner, printer, fax, copy and office supplies. You will also have the opportunity of using a large conference room and a smaller one for different occasions. This space is flawlessly done, remarkably flexible, and in the heart of the City's most desirable neighborhood. Bring your company into one of the most impressive shared workplace located in Philadelphia. Please do not hesitate to contact us and book a tour! The 1905 Collective is a collaborative co-work space that presently houses 3 commercial real-estate firms focused on interior solutions, project management and development. We are three (3) separate businesses that pool resources to benefit the individual sales and operational goals of each company. The intersection of the businesses creates an energetic and collegial work environment that fosters a high level effectiveness while offering a comfortable workplace. We currently have 5 semi-private workspaces available that are ideal for a start-up.

Rittenhouse Square

Office Space Market Report

Number of Listings (last 90 days)
4
As of: April 23, 2017

Rittenhouse Square Rates

The typical asking rate per listing is in the $0's per square foot per year. The Rittenhouse Square region is experiencing a decline in rates. In the last 3 months, the median rate decreased $33 per sqft per year. That's a 100% decline in rent.

Rittenhouse Square Listing Supply

In the last 90 days, 4 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around  sqft. Most properties in this area are around 21 floors. Most buildings in this region were built in 1927 and are Class A.

Rittenhouse Square 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. Most of the residents of Rittenhouse Square work from home. Commuting approximately 15 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 Rittenhouse Square.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Rittenhouse Square.
Research