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Office Space for Rent in Philadelphia, PA - 313 Listings

  • The Navy Yard Building 100 Innovation Center - Philadelphia
    4801 South 13th Street, Navy Yard, Philadelphia, PA 19112
    For Lease $27/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 2,040 Sqft
  • 1518 Walnut Street - Philadelphia
    1518 Walnut Street, Rittenhouse Square, Philadelphia, PA 19102
    For Lease $24/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 8,313 Sqft
  • The Wallace Building - Philadelphia
    642 North Broad Street, Spring Garden, Philadelphia, PA 19130
    For Lease $20/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 31,294 Sqft
  • East Market - Philadelphia
    1100 Ludlow Street, Market East, Philadelphia, PA 19107
    For Lease $35/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 90,771 Sqft
  • Ten Penn Center - Philadelphia
    1801 Market Street, Center City West, Philadelphia, PA 19103
    For Lease $28.5 - $29.5/Sqft/Year
    Property
    • Office
    Availability
    • 11 Spaces
    • 112,163 Sqft
  • 2373 Welsh Road - Philadelphia
    2373 Welsh Road, Ashton - Woodenbridge, Philadelphia, PA 19114
    For Lease $17/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 11,710 Sqft
  • Witherspoon Building - Philadelphia
    130 South Juniper Street, Washington Square West, Philadelphia, PA 19107
    For Lease $16 - $29/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 67,626 Sqft
  • 100 North 20th Street - Philadelphia
    100 North 20th Street, Logan Square, Philadelphia, PA 19103
    For Lease $23.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 10,000 Sqft
  • 426-436 East Allegheny Avenue - Philadelphia
    426 East Allegheny Avenue, Kensington, Philadelphia, PA 19134
    For Lease $12/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 5,160 Sqft
  • Commerce Way Office Complex - Philadelphia
    2708 Commerce Way, Byberry, Philadelphia, PA 19154
    For Lease $11/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 14,518 Sqft
  • 461 North 3rd Street - Philadelphia
    461 North 3rd Street, Old City, Philadelphia, PA 19123
    For Lease $21/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 2,500 Sqft
  • PNC Bank Building - Philadelphia
    1600 Market Street, Center City West, Philadelphia, PA 19103
    For Lease $25/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 22,681 Sqft
  • Two Logan Square - Philadelphia
    100 North 18th Street, Logan Square, Philadelphia, PA 19103
    Contact for pricing
    Property
    • Office
    Availability
    • 3 Spaces
    • 50,806 Sqft
  • 1818 Market Street - Philadelphia
    1818 Market Street, Center City West, Philadelphia, PA 19103
    For Lease Contact for pricing
    Property
    • Office
    Availability
    • 17 Spaces
    • 221,633 Sqft
  • 2000 Market Street - Philadelphia
    2000 Market Street, Center City West, Philadelphia, PA 19103
    Contact for pricing
    Property
    • Office
    Availability
    • 1 Space
    • 1,000 Sqft
  • 1700 Market Street - Philadelphia
    1700 Market Street, Center City West, Philadelphia, PA 19103
    For Lease $20/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 19,838 Sqft
  • One Liberty Place - Philadelphia
    1650 Market Street, Center City West, Philadelphia, PA 19103
    For Lease Contact for pricing
    Property
    • Office
    Availability
    • 5 Spaces
    • 69,076 Sqft
  • 1845 Walnut Street - Philadelphia
    1845 Walnut Street, Center City West, Philadelphia, PA 19103
    For Lease $34/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 32,319 Sqft
  • Sterling Commerce Center - Philadelphia
    1819 John F. Kennedy Boulevard, Logan Square, Philadelphia, PA 19103
    For Lease $24.5/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 25,173 Sqft
  • 1500 Spring Garden Street - Philadelphia
    1500 Spring Garden Street, Logan Square, Philadelphia, PA 19130
    For Lease $22/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 17,089 Sqft
  • 1800 John F Kennedy Boulevard - Philadelphia
    1800 John F Kennedy Boulevard, Center City West, Philadelphia, PA 19103
    Contact for pricing
    Property
    • Office
    Availability
    • 1 Space
    • 5,945 Sqft
  • One Commerce Square - Philadelphia
    2005 Market Street, Center City West, Philadelphia, PA 19103
    For Lease $16/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 5,121 Sqft
  • One Washington Square - Philadelphia
    510-530 Walnut Street, Society Hill, Philadelphia, PA 19106
    For Lease $26.5 - $30.5/Sqft/Year
    Property
    • Office
    Availability
    • 10 Spaces
    • 125,681 Sqft
  • 4101 Woodland Avenue - Philadelphia
    4101 Woodland Avenue, Spruce Hill, Philadelphia, PA 19014
    Contact for pricing
    Property
    • Office
    Availability
    • 2 Spaces
    • 25,000 Sqft
  • 4100 Chester Avenue - Philadelphia
    4100 Chester Avenue, Spruce Hill, Philadelphia, PA 19104
    Contact for pricing
    Property
    • Office
    Availability
    • 2 Spaces
    • 25,000 Sqft

Philadelphia, PA Office Overview

Location Photo

The Philadelphia Metropolitan Area includes the University City, Logan Square, and Kensington submarkets. With a metropolitan population of over 2.1 million, it’s known as 'The City of Brotherly Love' and one of the main historic and cultural centers of American history. Biosciences, financial services, and tourism are three of the primary drivers of the economy and create demand for white-collar office space.

As of mid-2017, the market encompasses over 60 million square feet of existing office space in properties larger than 50,000 square feet. Demand for commercial real estate is also created by the world-class research and educational institutions.

Philadelphia, PA Office Inventory Description

As the center for economic activity in Pennsylvania, Philadelphia is home to seven Fortune 1000 companies and has been ranked as an important link within the global economic system by the Globalization and World Cities Study Group & Network.

With an annual gross metropolitan product of $109 billion, there is consistently strong demand from tenants and national and international investors for the white-collar offices. Nearly 61% of the office inventory in Philadelphia is Class A or A+, with Class B office product accounting for 35% of space.

South Philadelphia is home to a diverse array of neighborhoods that span the cultural patchwork that typify the city. South of downtown and between the Delaware and Schuylkill Rivers, this area is home to historic as well as new Class A properties. The Navy Yard is currently under redevelopment and has added buildings such as 1200 Intrepid Avenue, Building 10, and Five Crescent Drive.

Philadelphia, PA Commercial Inventory Breakdown

Office Spaces

Total: 76,460,598 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 5,822,977 SF / 7.62% of total office
  • 100k to 500k SF: 23,399,565 SF / 30.6% of total office
  • 500k to 1M SF: 34,015,288 SF / 44.49% of total office
  • > 1M SF: 13,222,768 SF / 17.29% of total office

By class:

  • Class A+: 15,418,232 SF / 20.16% of total office
  • Class A: 29,541,084 SF / 38.64% of total office
  • Class B: 21,690,521 SF / 28.37% of total office
  • Class C: 1,596,353 SF / 2.09% of total office

Top 10 Largest Office Buildings

in Philadelphia

Office building Address Sqft Year built
Comcast Technology Center 1800 Arch Street, 19103 1,555,803 2018
Wanamaker Building 100 Penn Square East, 19107 1,401,000 1911
1735 Market Street 1735 Market Street, 19103 1,286,936 1990
Comcast Center 1701 John F. Kennedy Blvd, 19103 1,258,379 2008
Schuylkill Yards - 3101 Market East 3101 Market Street, 19104 1,209,000 n/a
The Philly QuarterMaster 2800 South 20th Street, 19145 1,065,000 2000
700 Schuylkill Avenue - Phase II, III, IV 700 Schuylkill Avenue, 19146 1,056,329 n/a
Centre Square - West 1500 Market Street, 19102 1,049,710 1974
Three Logan Square 1717 Arch Street, 19103 1,029,413 1990
Two Commerce Square 2001 Market Street, 19103 953,276 1992

Most Recently-Built Office Buildings

in Philadelphia

Office building Address Sqft Year built
2400 Market Street 2400 Market Street, 19103 608,421 2019
Center for Healthcare Technology 3600 Civic Center Blvd, 19104 250,000 2019
Esperanza Health Center - 861 East Allegheny Avenue 861 East Allegheny Avenue, 19134 35,000 2019
Comcast Technology Center 1800 Arch Street, 19103 1,555,803 2018
uCity Square - 3675 Market Street 3675 Market Street, 19104 343,465 2018
Axalta Global Innovation Center 1050 Constitution Avenue, 19112 175,000 2018
The Arsenal - Building 202 2275 Bridge Street, 19137 52,182 2018
448 North 10th Street 448 North 10th Street, 19123 49,613 2018
The Arsenal - Building 201 2275 Bridge Street, 19137 39,768 2018
FMC Tower at Cira Centre South 2929 Walnut Street, 19104 625,863 2017

Philadelphia, PA Green Office Space

Employment

The 2017 National Green Building Adoption Index surveyed the top 30 major markets in the U.S. for the adoption of energy-efficient green office building standards. Philadelphia just missed winning a top 10 ranking, coming in at #11 for percentage of green buildings.

Ten Penn Center is an excellent example of a green office building. LEED-Certified Gold, this 27-story building at 1801 Market Street in the Center City neighborhood has more than 670,000 square feet of space, including ground-floor retail.

Of the office buildings larger than 50,000 square feet in Philadelphia, over 2% are LEED-Certified, over 12% have an Energy Star rating, and over 13% are recognized as being green buildings. In mid-2017, the percentage of green office buildings in the top 30 U.S. markets reached 38%, while 12 years ago less than 5% were energy efficient.

Philadelphia, PA's Top Office-Using Sectors

The demand for Class A space and is driven by a vibrant mix of businesses in both the public and private sectors, including major research universities, financial and professional services, and Fortune 1000 companies.

  • Education & Research – Major universities such as Drexel University, Temple University, the University of Pennsylvania drive innovation, attracting a vibrant venture capital industry.
  • Financial Services –Philadelphia Stock Exchange, Colonial Penn, the Federal Reserve, and numerous other financial services companies are located here.
  • Professional Services – The American Law Institute, the Third Circuit Court of Appeals, and ten of the 100 largest law firms in the U.S. including Morgan Lewis, and Duane Morris, all create tremendous demand for white-collar office space.
  • Fortune 1000 – The numerous headquarters include CIGNA, Comcast, Aramark, Crown Holdings, FMC, and GlaxoSmithKline.

Philadelphia Demographics

Population

  • Total Population1,569,657
  • Male Population(47.3 %) 742,412
  • Female Population(52.7 %) 827,245
  • Median Age34.10

Income/Financial

  • Average Household Income$60,517
  • Median Household Income$40,649
  • Median Income Under 25$20,445
  • Median Income 25-44$47,790
  • Median Income 45-64$43,470
  • Median Income Over 65$29,206

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