2024 Office Space Rent & Sales
- $43.33 2024 Avg. Asking Rent
- 2.09% Y-o-Y Avg. Asking Rent Change
- 28.39% 2024 Office Vacancy Rate
Conshohocken office price per square foot in 2024 was $43.33 on average. This marked a +2.09% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 28.39% 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
Conshohocken, PA Office Asking Rents by Class
2024 Office Vacancy Rates in Conshohocken
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Conshohocken | $43.33 | 27.92% |
Blue Bell - Plymouth Meeting | $27.77 | 22.55% |
Coworking Spaces in Pennsylvania
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2024 Office Construction in Conshohocken, PA
Office building | Address | SF | Completed |
---|---|---|---|
Sora | 125 East Elm Street, 19428 | 42,548 | 2008 |
Sora East | 125 East Elm Street, 19428 | 40,373 | 2008 |
Millennium I, II & III | 20 Ash Street, 19428 | 196,769 | 2001 |
Five Tower Bridge | 300 Barr Harbor Drive, 19428 | 222,058 | 2000 |
101 West Elm Street | 101 West Elm Street, 19428 | 173,827 | 1999 |
Six Tower Bridge | 181 Washington Street, 19428 | 116,174 | 1999 |
Four Tower Bridge | 200 Barr Harbor Drive, 19428 | 86,021 | 1998 |
Four Falls | 1001 Conshohocken Road, 19428 | 254,080 | 1989 |
Spring Mill Corporate Center | 1100 East Hector Street, 19428 | 618,320 | 1910 |
River Park I | 1000 River Road, 19428 | 172,000 | 1870 |
Worth noting among recent office completions on the Conshohocken market is Sora, which is currently the largest new office development in the city, at 42,548 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 CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Conshohocken 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.