Highlights
- The average rent for office space in Bala Cynwyd is $32.85 per square foot, 15.73% lower compared to the previous year.
- The market’s vacancy rate stands at 17.71%, lower than the state average of Pennsylvania, which is 18.29%.
2025 Office Space Rent & Sales
- $32.85 2025 Avg. Asking Rent
- -15.73% Y-o-Y Avg. Asking Rent Change
- 17.71% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Bala Cynwyd?
Average asking rents for office space here stand at $32.85 per square foot. The local office market recorded an average vacancy rate of 17.71% in 2025, unchanged from 17.71% in 2024.
Bala Cynwyd, PA Office Asking Rents by Class
What is the average office rent per square foot by property class in PA?
- Avg. Asking Rent Class A & A+$35.64
- Avg. Asking Rent Class B$25.85
- Avg. Asking Rent Class C$19.18
For comparison, the average rent for Class A and A+ office space in Pennsylvania was $35.64 per square foot. The state-wide average for Class B space was $25.85 per square foot, and Class C office spaces averaged $19.18 per square foot.
What are the largest recent office completions in Bala Cynwyd?
The largest recent office completion here is Bala Cynwyd On City Avenue at 364,135 square feet, completed in 1972. The next largest completions are One Bala Plaza and Three Bala Plaza - West.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 33 Rock Hill Road | 33 Rock Hill Road, 19004 | 39,000 | 1985 |
| Three Bala Plaza - West | 251 St. Asaphs Road, 19004 | 198,387 | 1980 |
| Three Bala Plaza - East | 251 St. Asaphs Road, 19004 | 196,262 | 1980 |
| 146 Montgomery Ave | 146 Montgomery Ave, 19004 | 14,842 | 1980 |
| Bala Cynwyd On City Avenue | 59 East City Avenue, 19004 | 364,135 | 1972 |
| Two Bala Plaza | 333 East City Avenue, 19004 | 107,280 | 1968 |
| One Bala Plaza | 231 St. Asaphs Road, 19004 | 325,091 | 1965 |
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.