2024 Office Space Rent & Sales
- $18.23 2024 Avg. Asking Rent
- 12.48% 2024 Office Vacancy Rate
- $16.5M2024 Total Office Sales
- $31.52Avg. Sale Price/SF
Harrisburg office price per square foot in 2024 was $18.23 on average. The local office market recorded an average vacancy rate of 12.48% across all asset classes combined. The 6 transactions that closed here throughout 2024 amounted to a total sale volume of $16.5M. Harrisburg office space commanded an average sale price per square foot of $31.52.
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
- Harrisburg Class A & A+ Office Space$20.82
- Harrisburg Class B Office Space$17.67
- Pennsylvania Class A & A+ Office Space$34.29
- Pennsylvania Class B Office Space$25.57
- Pennsylvania Class C Office Space$19.06
Harrisburg, PA Office Asking Rents by Class
2024 Office Vacancy Rates in Harrisburg
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Harrisburg - East | $20.46 | 17.49% |
Harrisburg - CBD | $18.01 | 7.77% |
Harrisburg - Southeast | $17.50 | 12.80% |
Harrisburg - Northeast | $16.88 | 35.94% |
Harrisburg Office Sale Price per SF
- $31.522024 Avg. Price per SF
- $16.5M2024 Office Sales Volume
- 62024 Number of Transactions
Harrisburg, PA Sale Price per SF Trend
- Harrisburg Avg. Sale Price per SF in 2024$31.52
- Pennsylvania Avg. Sale Price per SF in 2024$103.46
2024 Office Sales Volume
- Harrisburg, PA Total Office Sales Volume in 2024 $16.5M
- Harrisburg, PA Total Number of Office Sales Closed in 2024 6
Coworking Spaces in Pennsylvania
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2024 Office Construction in Harrisburg, PA
Office building | Address | SF | Completed |
---|---|---|---|
4000 Crums Mill Road | 4000 Crums Mill Road, 17112 | 75,000 | 2016 |
Campus Square | 1426 N. 3rd Street, 17102 | 70,000 | 2008 |
479 Port View Drive | 479 Port View Drive, 17111 | 14,664 | 2008 |
479 Port View Drive | 479 Port View Drive, 17111 | 14,664 | 2008 |
2850 Commerce Drive | 2850 Commerce Drive, 17110 | 17,000 | 2006 |
Market Square Plaza | 17 North 2nd Street, 17101 | 172,629 | 2005 |
4812 Jonestown Road | 4812 Jonestown , 17112 | 1,012 | 2004 |
4812 Jonestown Road | 4812 Jonestown , 17112 | 1,012 | 2004 |
3621 N Front St | 3621 N Front St, 17110 | 3,750 | 2003 |
Crums Mill Corporate Center - 4250 Crums Mill Road | 4250 Crums Mill Road, 17112 | 73,900 | 2001 |
Worth noting among recent office completions on the Harrisburg market is 4000 Crums Mill Road, which is currently the largest new office development in the city, at 75,000 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 Harrisburg 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.