Center City East Retail

Center City East

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
12,060
As of: June 27, 2017

Center City East Rates

Most listings are in the $30's per square foot per year. The Center City East region is going through a a boost in rates. In the last 3 months, the median rate went up $38 per sqft per year.

Compared to the rest of the Philadelphia market, the Center City East region has higher rates, and you'll need to make a great offer to be in this hot region.

Center City East Listing Supply

In the last 90 days, 16 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 88% of the listings in the Center City East are subleases, so you might be able to find a shorter term or below market rent. 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 12,060 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 5 stories. Most buildings in this region were built in 1924 and are Class A.

Center City East Community

Market Report

Trends and status of the commercial real estate market in Center City East.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Center City East.
Research