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York Office Rent Price & Sales Report

2020 Office Space Rent & Sales

  • $15.50 2020 Avg. Asking Rent
  • 9.39% 2020 Office Vacancy Rate

York office price per square foot in 2020 was $15.50 on average. The local office market recorded an average vacancy rate of 9.39% across all asset classes combined.

Average Rent by Office Class

2020 Average Office Rent per Square Foot

  • York Class A Office Space$23.86
  • York Class B Office Space$14.55
  • Pennsylvania Class A Office Space$31.04
  • Pennsylvania Class B Office Space$24.78
  • Pennsylvania Class C Office Space$20.82

York, PA Office Asking Rents by Class

2020 Office Construction in York, PA

  • York, 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 York office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.

Largest Office Properties Recently Completed in York
Office building Address SF Completed
135 North George Street 135 North George Street, 17401 33,330 1989
226 E Market St 226 W Market St, 17401 3,845 1926
541 W Market St 541 W Market St, 17401 10,508 1910
541 W Market St 541 W Market St, 17401 4,000 1910
226 E Market St 226 E Market St, 17403 3,845 1910
1 S George St 1 S George St, 17401 10,000 1900
18 S. George St. 18 S. George St., 17401 55,124 1893

Worth noting among recent office completions on the York market is 135 North George Street, which is currently the largest new office development in the city, at 33,330 square feet.

Data provided by Commercial Edge

See reports for nearby markets

  • Harrisburg Office Rent Price
  • Towson Office Rent Price
  • Camp Hill Office Rent Price
  • Owings Mills Office Rent Price
  • Lancaster Office Rent Price

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 York 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.

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