Washington Square West Office Space

Washington Square West

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: June 23, 2017

Washington Square West Rates

On average, listings lease in the $30's per square foot per year. The Washington Square West region is seeing a a rise in rates. In the last 3 months, the median rate increased $38 per sqft per year.

Compared to the rest of the Philadelphia market, the Washington Square West region has greater rates, and you'll need to make a great offer to be in this hot region.

Washington Square West Listing Supply

In the last 90 days, 2 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 150% of the available leases in the Washington Square West 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,140 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 20 stories. Most buildings in this market were built in 1929 and are Class B.

Washington Square West Community

Market Report

Trends and status of the commercial real estate market in Washington Square West.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Washington Square West.