Most listings are in the $20's per square foot per year. The Northern Liberties - Fishtown submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 32% decrease in rent.
Compared to the rest of the Philadelphia market, the Northern Liberties - Fishtown region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 1 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,000 sqft. Most properties in this area are approximately 6 stories. Most buildings in this market were built in 1950 and are Class B.