2023 Office Space Rent & Sales
- $30.66 2023 Avg. Asking Rent
- 22.28% 2023 Office Vacancy Rate
Plymouth Meeting office price per square foot in 2023 was $30.66 on average. The local office market recorded an average vacancy rate of 22.28% 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
2023 Average Office Rent per Square Foot
- Pennsylvania Class A & A+ Office Space$32.78
- Pennsylvania Class B Office Space$24.45
- Pennsylvania Class C Office Space$29.06
Plymouth Meeting, PA Office Asking Rents by Class
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Office building | Address | SF | Completed |
---|---|---|---|
1 IMS Drive | 1 IMS Drive, 19462 | 143,000 | 2010 |
Metroplex | 4000 Chemical Road, 19462 | 120,877 | 2007 |
401 Plymouth Road | 401 Plymouth Road, 19462 | 204,186 | 2002 |
518 Township Line Road | 518 Township Line Road, 19422 | 125,000 | 2000 |
Interchange Corporate Center @ Plymouth Meeting | 450 Plymouth Road, 19462 | 92,948 | 2000 |
620 Plymouth Meeting Executive | 620 West Germantown Pike, 19462 | 90,183 | 1990 |
630 Plymouth Meeting Executive | 630 West Germantown Pike, 19462 | 89,870 | 1988 |
610 Plymouth Meeting Executive | 610 West Germantown Pike, 19462 | 90,088 | 1987 |
600 Plymouth Meeting Executive | 600 West Germantown Pike, 19462 | 89,626 | 1986 |
Hickory Pointe | 2250 Hickory Road, 19462 | 83,055 | 1985 |
Worth noting among recent office completions on the Plymouth Meeting market is 1 IMS Drive, which is currently the largest new office development in the city, at 143,000 square feet.
See reports for other markets
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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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Plymouth Meeting 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.