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If you are looking for office space in or around Philadelphia, we can make it a lot easier and ensure you get a great deal on your space with our top local Philadelphia office space professionals.

There are lots of options available and it is very time consuming to try to find just the right one on your own. Our reps know the market and will do a thorough search for you. In fact, their services are FREE and includes a comprehensive personalized search of options based upon your requirements using their proprietary databases to find the best space at the best price.

About the Philadelphia Office Market
The Metro Philadelphia office space market contains over 145 million square feet of office space including the nearby southern New Jersey, Northern Delaware and Lehigh Valley submarkets. Philadelphia proper has only about a third of that space. The office market is spread over a very wide geographic area with lots of options available for tenants looking for office space.

Some of the more popular Philadelphia office space markets include:

Center City Office Market
This market is divided between Market East and Market West with the division being separated by Broad Street. Market East is characterized by older Class B and Class C office buildings. The primary tenant's in Market East being government service agencies, non-profits and city based organizations. Market West is characterized by newer Class A trophy buildings that attract financial and legal tenants and the like.

Navy Yard Office Market
A redeveloped decommissioned Navy Yard that is part of South Philadelphia, but a market in its own. The area is considered a Keystone Opportunity Zone offering tax incentives to companies who locate there. The Navy Yard has a mix of Class A, B, and C medical and office space as well as some industrial, the latter which lends itself to conversion to residential at a later date. The U.S. headquarters for Urban Outfitters and Glaxosmithkline are located here.

Old City Office Market
Located at the far east of the City from the Delaware River heading west to Market East, this area is the historical center of the city which includes Independence Hall and the Liberty Bell. There are some small Class A and B office buildings, with a few larger ones along Market Street.

Rittenhouse Square Office Market
Located on the west side of Market West, this area is primarily high end residential and retail with very limited office space available in this market.

South Philadelphia Office Market
As the name would imply, this is the Southern part of the city. It is characterized by 2-3 story row homes and mixed-use corner retail with very few professional office buildings. Any office space that does exist is usually converted residential or retail. This area is also home to all of Philadelphia's professional sports stadiums.

University City Office Market
Located west of Market West across the Schuylkill River, an area where the University of Pennsylvania and Drexel University call home. The area is primarily owned and controlled by the Universities and includes Class A R&D buildings as well as Hospitals and related healthcare properties. This area is also home to 30th Street Station. There are some tax incentive opportunity zones located in this market.

Many businesses in the Philadelphia area are embracing the new generation of office workers by implementing "Agile" office space strategies. This new generation of workers are driving change in corporate workplace strategy. In order recruit the best and the brightest of these digital natives, corporate workplace strategy is evolving to be more mobile and collaborative and less "corporate" in feel and structure. The result is that office footprints in Philadelphia are shrinking while still accommodating the same or more workers. Philadelphia is a leader in this trend. It would be worthwhile for you to consider this option for your business. Our office space pros are well versed in helping in this evolution.

if you are looking for office space in Philadelphia or the surrounding markets, contact us. The form at the top of the page will provide us the information we need to appoint the best qualified Philadelphia office tenant rep to serve your needs. There is no cost for the service and no obligation for completing the form. You have nothing to lose to give us a try!

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Other Useful Tools and Information

Useful Statistics for businesses looking for office space in Philadelphia

  Philadelphia PA State
2013 Estimated Population 1,536,704 12,731,381
Median Age 33.6 40.3
Housing Units 668,806 5,565,653
Occupied 580,017 4,958,427
Owned 308,931 3,462,512
Rented 271,086 1,495,915
Average Household Size 2.56 2.48
Rental Vacancy Rate 7.5% 6.1%
Homeowner Vacancy Rate 2.9% 1.8%
Median Home Value $142,500 $164,700
Median Monthly Rental Cost $893 $813
Estimated Mean Income $64,811 $85,586
Median Household Income $37,192 $52,548
Percent of Individuals below poverty level 26.5% 13.3%
Educational Attainment: Percent high school graduate or higher 81.2% 88.7%
Educational Attainment: Percent high school graduate 34.5% 37%
Educational Attainment: Percent with some College 17.7% 16.5%
Educational Attainment: Percent bachelor degree or higher 23.9% 27.5%
Average Commute time in minutes 31.8 25.9
Commute 604,574 5,794,492
Commute by car, truck or other vehicle - Drive Alone 305,048 4,446,086
Commute by car, truck or other vehicle - Carpool 53,098 513,714
Use Public Transportation 157,891 313,722
Work from Home 18,163 220,044

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