Philadelphia Metropolitan Area Sublease

Philadelphia Metropolitan Area

Office Space Market Report

Number of Listings (last 90 days)
1,426
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,760
As of: June 28, 2017

Philadelphia Metropolitan Area Rates

On average, listings lease in the $20's per square foot per year. The Philadelphia Metropolitan Area region is experiencing a an increase in rates. In the last 3 months, the median rate rose $26 per sqft per year.

Philadelphia Metropolitan Area Listing Supply

In the last 90 days, 1426 listings have been listed, so you'll want to check back regularly for new listings. About 52% of the available leases in the Philadelphia Metropolitan Area 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,640 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1982 and are Class A.

Philadelphia Metropolitan Area Community

Market Report

Trends and status of the commercial real estate market in Philadelphia Metropolitan Area.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Philadelphia Metropolitan Area.
Research