The Jacob Reed Building, Philadelphia, PA 19102 - Office Space
The Jacob Reed Building is located at 1424 Chestnut Street in the Center City West neighborhood, PA, Philadelphia, 19102. The Class B Office building was completed in 1983 and features a total of 44,000 Sqft.
There are 206 office spaces for lease in the Center City West neighborhood, totaling 2,041,624 Sqft of available office space. The office space availability for the 19102 zip code is 629,307 Sqft, in 88 office spaces. The average asking office rent per sq. ft. in Center City West is $27.63/sqft/year. For Class A+ office buildings the average office rate is $33.75/sqft/year, for Class A office buildings the average office rate is $27.22/sqft/year, for Class B office buildings the average office rate is $24.69/sqft/year.
In Center City West, there are 10 class B office buildings. In Center City West, there are a total of 7 LEED certified office buildings. In 1983, the same year The Jacob Reed Building was built, 66 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Philadelphia, featuring 1,254,547 square feet of commercial space. At zip code level, there are 19 commercial properties, of which 19 are office buildings over 50,000 square feet.