2020 Office Space Rent & Sales
- $26.39 2020 Avg. Asking Rent
- 10.50% 2020 Office Vacancy Rate
Chadds Ford office price per square foot in 2020 was $26.39 on average. The local office market recorded an average vacancy rate of 10.50% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Chadds Ford Class B Office Space$26.39
- Pennsylvania Class A Office Space$31.04
- Pennsylvania Class B Office Space$24.78
- Pennsylvania Class C Office Space$20.82
Chadds Ford, PA Office Asking Rents by Class
2020 Office Construction in Chadds Ford, PA
- Chadds Ford, PA Total SF completed in 2020
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Chadds Ford office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Chadds Ford Business Campus - Brandywine Six | 5 Hillman Drive, 19317 | 70,932 | 2017 |
| Chadds Ford Business Campus - Brandywine Seven | 6 Hillman Drive, 19317 | 40,477 | 2009 |
| Painter’s Crossing Office Campus - Painters' Crossing Three | 300 Endo Blvd, 19317 | 48,600 | 2008 |
| Painter’s Crossing Office Campus - Painters' Crossing Two | 100 Endo Blvd, 19317 | 64,424 | 2004 |
| Painter’s Crossing Office Campus - Painters' Crossing One | 200 Endo Blvd, 19317 | 46,675 | 1999 |
| Chadds Ford Business Campus - Brandywine Five | 1 Dickinson Drive, 19317 | 45,570 | 1995 |
| Chadds Ford Business Campus - Birmingham Court | 4 Hillman Drive, 19317 | 59,175 | 1990 |
| Chadds Ford Business Campus - Brandywine One | 2 Christy Drive, 19317 | 51,132 | 1985 |
| Chadds Ford Business Campus - Brandywine Two | 5 Christy Drive, 19317 | 51,012 | 1985 |
| The Commons at Chadds Ford | 104 Commons Court, 19317 | 48,971 | 1985 |
Worth noting among recent office completions on the Chadds Ford market is Chadds Ford Business Campus - Brandywine Six, which is currently the largest new office development in the city, at 70,932 square feet.
See reports for nearby markets
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Chadds Ford commercial properties sized 25,000 square feet or larger.
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 CommercialEdge can guarantee that the information provided is complete.