Horsham Office Market Trends

Office Rental Market

  • $24.15 2019 Avg. Asking Rent
  • 10.49 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Horsham was $24.15 per square foot, and the office vacancy rate across the market averaged 10.49 %. During 2019, developers added 0 square feet of new office space to the Horsham market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Horsham Class B Office Buildings$25.24
  • Horsham Class C Office Buildings$22.74
  • PA Class A Office Buildings$31.23
  • PA Class B Office Buildings$25.39
  • PA Class C Office Buildings$19.94

Horsham, PA Office Asking Rents by Class

OFFICE CONSTRUCTION IN Horsham, PA

  • Horsham, PA Total Sqft completed in 2019 0
  • Horsham, PA Total Sqft under construction in 2020 0
10 Largest Office Buildings in Horsham
Building name Address Total Sqft Year built
Commonwealth Corporate Center - 101 Tournament Drive 101 Tournament Drive, 19044 368,495 1998
Toll Brothers Headquarters 250 Gibraltar Road, 19044 203,000 1984
Horsham Corporate Center 400 Horsham Road, 19044 151,124 1960
655-800 Business Center Drive 655 Business Center Drive, 19044 149,992 1986
Pennsylvania Business Campus - 100 Witmer Road 100 Witmer Road, 19044 139,128 1996
The Penn Mutual Life Insurance Company 600 Dresher Road, 19044 135,660 1987
200 Precision Drive 200 Precision Drive, 19044 126,500 1974
West Gate 116 Welsh Road, 19044 122,294 1985
425 Privet Road 425 Privet Road, 19044 120,290 1970
Pennsylvania Business Campus - 7 Walnut Grove 7 Walnut Grove Drive, 19044 120,000 2007
Largest Office Properties Recently Completed in Horsham
Office building Address Sqft Completed
Pennsylvania Business Campus - 7 Walnut Grove 7 Walnut Grove Drive, 19044 120,000 2007
800 Enterprise Road 800 Enterprise Road, 19044 53,000 2002
Pennsylvania Business Campus - 680 Blair Mill Road 680 Blair Mill Road, 19044 115,110 2001
Pennsylvania Business Campus - 5 Walnut Grove 5 Walnut Grove Drive, 19044 105,000 2000
Commonwealth Corporate Center - 101 Tournament Drive 101 Tournament Drive, 19044 368,495 1998
Pennsylvania Business Campus - 4 Walnut Grove 4 Walnut Grove Drive, 19044 109,700 1998
Janssen Biotech 800 800 Ridgeview Drive, 19044 107,675 1998
Janssen Biotech 850 850 Ridgeview Drive, 19044 89,718 1997
132 Welsh Road 132 Welsh Road, 19002 45,200 1997
Pennsylvania Business Campus - 100 Witmer Road 100 Witmer Road, 19044 139,128 1996
Data provided by Commercial Edge

Office Spaces for Rent in Pennsylvania

See trends for nearby markets

The Horsham office market contains an inventory of 4,751,164 square feet of office space, in 70 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Horsham 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.