2024 Office Space Rent & Sales
- $26.54 2024 Avg. Asking Rent
- 4.11% Y-o-Y Avg. Asking Rent Change
- 12.46% 2024 Office Vacancy Rate
Blue Bell office price per square foot in 2024 was $26.54 on average. This marked a +4.11% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 12.46% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Pennsylvania Class A & A+ Office Space$34.29
- Pennsylvania Class B Office Space$25.57
- Pennsylvania Class C Office Space$19.06
Blue Bell, PA Office Asking Rents by Class
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2024 Office Construction in Blue Bell, PA
| Office building | Address | SF | Completed |
|---|---|---|---|
| Arborcrest Corporate Campus - Hillcrest III | 731 Arbor Way, 19422 | 141,680 | 2015 |
| Arborcrest Corporate Campus - Hillcrest II | 721 Arbor Way, 19422 | 183,567 | 2013 |
| Arborcrest Corporate Campus - Hillcrest I | 751 Arbor Way, 19422 | 113,300 | 2012 |
| 1450 Union Meeting Road | 1450 Union Meeting Road, 19422 | 35,000 | 1997 |
| Veva - Buildings 16 & 18 | 1787 Sentry Pkwy West, 19422 | 192,979 | 1989 |
| Union Meeting Corporate Center - 930 Harvest Drive | 930 Harvest Drive, 19422 | 118,120 | 1989 |
| 930 Harvest Drive | 930 Harvest Drive, 19422 | 118,120 | 1989 |
| Union Meeting Corporate Center - 910 & 920 Harvest Drive | 920 Harvest Drive, 19422 | 104,486 | 1989 |
| Union Meeting Corporate Center - 925 & 980 Harvest Drive | 925 Harvest Drive, 19422 | 125,336 | 1988 |
| 980 Jolly Road | 980 Jolly Road, 19422 | 155,614 | 1984 |
Worth noting among recent office completions on the Blue Bell market is Arborcrest Corporate Campus - Hillcrest III, which is currently the largest new office development in the city, at 141,680 square feet.
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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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by Yardi Research Data, a market intelligence solution which offers comprehensive real market knowledge on all Blue Bell 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 Yardi Research Data can guarantee that the information provided is complete.