Center City Sublease

Center City

Office Space Market Report

Number of Listings (last 90 days)
94
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
4,330
As of: May 19, 2017

Center City Rates

Most listings are in the $10's per square foot per year. The Center City region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decline in rent.

Center City Listing Supply

In the last 90 days, 94 listings have come on the market, so you'll want to check back regularly for new listings. About 17% of the office spaces in the Center City are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 4,330 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this market were built in 1947 and are Class C.

Center City Community

Professional services is the dominant industry in this area. Most of the occupants of Center City work from home. Commuting under 5 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 Center City.
Market Report

Market Data

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