2020 Office Space Rent & Sales
- $26.43 2020 Avg. Asking Rent
- -4.29% Y-o-Y Avg. Asking Rent Change
- 7.68% 2020 Office Vacancy Rate
Exton office price per square foot in 2020 was $26.43 on average. This marked a -4.29% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 7.68% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Exton Class B Office Space$26.51
- Exton Class C Office Space$18.48
- Pennsylvania Class A Office Space$31.04
- Pennsylvania Class B Office Space$24.78
- Pennsylvania Class C Office Space$20.82
Exton, PA Office Asking Rents by Class
2020 Office Construction in Exton, PA
- Exton, 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 Exton 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 |
|---|---|---|---|
| West Pharma Headquarters | 530 Herman O. West Drive, 19341 | 171,159 | 2012 |
| Eagleview - 505 Eagleview Blvd | 505 Eagleview Blvd, 19341 | 152,345 | 2008 |
| The Commons at Oaklands | 700 West Lincoln Hwy, 19341 | 128,600 | 2008 |
| 800 West Lincoln Hwy | 700 West Lincoln Hwy, 19341 | 33,800 | 2008 |
| 300 Eagleview Blvd | 300 Eagleview Blvd, 19341 | 90,300 | 2007 |
| Eagleview - 707 Eagleview Blvd | 707 Eagleview Blvd, 19341 | 83,320 | 2007 |
| 367 Eagleview Blvd | 367 Eagleview Blvd, 19341 | 32,672 | 2007 |
| DSM Biomedical Headquarters | 735 Pennsylvania Drive, 19341 | 202,500 | 2006 |
| 100 Campbell Blvd | 100 Campbell Blvd, 19341 | 30,824 | 2004 |
| 444 Creamery Way | 444 Creamery Way, 19341 | 31,300 | 2003 |
Worth noting among recent office completions on the Exton market is West Pharma Headquarters, which is currently the largest new office development in the city, at 171,159 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 Exton 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.