Center City East Sublease

Center City East

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
5,600
As of: August 18, 2017

Center City East Rates

Compared to the rest of the Philadelphia market, the Center City East region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Center City East Listing Supply

In the last 90 days, 16 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 181% of the available leases in the Center City East 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 posted, so finding a space for a small business might be tough.

Even though the median size is 5,600 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 5 floors. Most buildings in this region were built in 1925 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