Philadelphia, PA Office Spaces for Rent

Find your best Philadelphia, PA office space among 914 for rent listings, which average an asking price of $38.14 per square foot.

Office Market FAQs

Philadelphia - Middle City Station

2037 Chestnut St, Center City West, Philadelphia, PA
Property

Office

2,944 SF
Availability

1 Space

2,944 SF
For Lease Contact for pricing
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Two Penn Center Plaza

1500 John F. Kennedy Boulevard, Center City West, Philadelphia, PA
Property

Office

500,000 SF
Availability

29 Spaces

107,572 SF
Year Built

1954
For Lease Contact for pricing
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3945 Chestnut St

3945 Chestnut St, Spruce Hill, Philadelphia, PA
Property

Office

6,236 SF
Availability

1 Space

6,236 SF
For Lease Contact for pricing
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The Chestnut Building
Chestnut Offices
124 Chestnut Street #6, Philadelphia, PA
Services

Virtual Office

Meeting Room

Private Office
Amenities

Business address

Complimentary coffee & tea

Directory listing

Fax services

High-speed internet

Office furniture

Photocopier
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Frequently Asked Questions

Asking prices vary based on the property location, rating, amenities such as proximity to restaurants, cafes, and entertainment venues, as well as convenience of access to public transport, airports, and thoroughfares.

The average rent for office space in Philadelphia is $38.14 per square foot. The minimum rental rate for office space in Philadelphia is $9.5 per square foot. Among listings of office space currently available for lease in Philadelphia, the maximum rental rate is $52 per square foot.

The most common factor that influences cost of office space in any location is the property class rating. For example, Philadelphia office space rated Class A asks an average of $41.09 per square foot. Class B office space in Philadelphia costs $27.21 per square foot, on average. Listings of office space in Class C buildings asked an average of $24.48 per square foot.

For more details on Philadelphia office space rent and sales prices, as well as overall market quality and new construction data, see Philadelphia Office Market Trends.
Most experts recommend an average of between 75 and 150 square feet of office space per person. However, it is important to keep in mind that how much office space you ultimately need depends on your activity and how you need to use the space, as much as it does on how many people it should accommodate. If you already know what size office would best suit your needs, use the available space size filter at the top of the search page to focus your search on the best fit for you.

You’ll find a home for almost any size of business in Philadelphia, as the local office market offers a wide range of options. Office spaces currently on the market go up to as much as 147,973,320 square feet in size for an individual listing.
However, there is a variety of differently sized opportunities below that maximum. For your consideration, the median size of an office space for lease in Philadelphia is 3,976 square feet, and the average office space size here is 202,076 square feet.
You can find 914 office listing(s) for lease in Philadelphia, which add up to a total of 157,297,092 square feet. Availability on the market includes a variety of office use types, such as General Office, Medical Office, Office Building, Data Center, Creative.

The most common office use type currently available for lease in Philadelphia is General Office, which is offered in 714 or 78.12% of listings. The second-most frequent office use type listed here is Medical Office, which account for 56 or 6.13% of office space currently available. On the other end of the spectrum, the office use type least common among local listings is Street Retail, which is available in 1 listing(s).
You can search 47 office sublease listing(s) in Philadelphia, which amount to a total of 948,279 square feet. Sublease opportunities on the market include General Office, Medical Office, Office Building. The Philadelphia neighborhood or submarket with the most sublease listings available is Center City West.
The best choice of neighborhood for your office space will greatly depend on the elements that are most relevant to your business and your employees. However, a good criterion to start with is to look at the areas of the city that have the highest concentration of office properties, as these areas are generally well connected to transit options and have a good degree of amenity availability.

In Philadelphia, the greatest concentration of office space for lease opportunities is in Center City West, Logan Square, Rittenhouse Square.
Each individual’s commuting experience will of course be different depending on a number of factors. Check the location description details for the office listings that catch your eye, to get an overview of walkability, access to public transport, the quality of infrastructure dedicated to biking commuters, as well as the proximity to parking facilities, fuel stations, and other essential amenities.
The Philadelphia office market incorporates a mix of properties of various ages, ratings, construction grades, and other quality indicators. Roughly 52.63% of total office space listings in the city are in properties rated Class A. You will find the highest concentration of Class A office space in the Center City West neighborhood of Philadelphia. Class B office space accounts for 29.1% of spaces listed on the leasing market. The neighborhood with the most Class B office space is Rittenhouse Square. Class C office space makes up 1.64% of office space available in Philadelphia.

Buildings completed in and since the year 2000 account for 6.79% of office properties in the city and incorporate a total of 3,289,792 square feet. About 5.56% of office space in Philadelphia is in buildings that have been renovated at least once since 2000.

Out of the office space listings currently available in Philadelphia, you can find 150 LEED-certified or LEED-proposed option(s). A total of 19 building(s) here earned a LEED-certification — certification levelPlatinum (5), Gold (6), Silver (7). The local market includes 1 LEED-proposed office building(s) awaiting certification in Philadelphia.
There are, of course, a lot of things to factor in when you are looking for office space. Aspects including the accessibility of the location, the quality of the facility, the size of the space, the convenience of nearby amenities, the type and duration of the lease, and of course the cost are all part of the search and decision process. For a quick checklist of what you should take into account when researching the market, consider these seven tips for choosing the best office location for your business. Alternatively, for a comprehensive take on everything to consider when looking for office space, see our in-depth guide to finding office space for small or growing companies. The guide also includes insights from seasoned professionals and can serve as a helpful resource for growing companies, no matter their current size.
Are you looking to lease office space in the vicinity of your current location or in a particular neighborhood of Philadelphia? Using the interactive map, you can easily navigate to your preferred location and customize your search area around a specific point of interest. Select “Radius” from the Search Mode options menu, click on the map to set your search reference point, and expand the radius to select your desired search area. Browse available listings to find the best office space that meets your location, as well as other business needs.

Philadelphia, PA Office Inventory Breakdown

There are a number of factors that make a city attractive for businesses to relocate or expand, as well as for investors to enhance their portfolios through local acquisitions. Among the most important factors to consider are the size and quality of the local office market, which is an essential component of the local economy.

Total Office Space in Philadelphia: 76,456,692 Sq. Ft.

In 2024 the Philadelphia office market encompassed 76,456,692 square feet of space. Out of that total, 29,579,638 square feet were in office properties sized between 500,000 and 1,000,000 square feet. Meanwhile, 6,674,098 square feet were in office buildings sized between 50,000 and 100,000 square feet.
Class A office space makes up a 45.55% share of Philadelphia office inventory, while Class B office assets represent roughly 33.19% of the market total.

Philadelphia Office Market Breakdown by Building Size
Building Size Range	Total Square Feet	Share of Total Office
50k to 100k Sq. Ft.	6,674,098 Sq. Ft.	8.73%
100k to 500k Sq. Ft.	24,103,352 Sq. Ft.	31.53%
500k to 1M Sq. Ft.	29,579,638 Sq. Ft.	38.69%
> 1M Sq. Ft.	12,293,233 Sq. Ft.	16.08%

Philadelphia Office Market Breakdown by Building Quality Rating
Class	Total Square Feet	Share of Total Office
Class A+	11,614,050 Sq. Ft.	15.19%
Class A	34,823,302 Sq. Ft.	45.55%
Class B	25,372,228 Sq. Ft.	33.19%
Class C	4,647,112 Sq. Ft.	6.08%

Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.

Philadelphia, PA Office Market Overview

As one of the most historic cities in the nation, Philadelphia is firmly planted at the bedrock of tourism, trade and manufacturing. More recently, Philadelphia’s office market has been a hot bed for tech, biotech and life sciences start-ups, thanks to an influx of venture capital. Drawing on top-notch talent from the surrounding universities, start-ups and fortune 1000 companies alike are creating jobs and even augmenting the skyline of one of America’s oldest cities. And while the urban core is growing up, the surrounding neighborhoods are experiencing urban renewal, with historically preserved manufacturing facilities being converted into class A creative office and lab space.

Philadelphia, PA in the news

BioLabs Philadelphia Opens Graduate Lab Coworking Space in Center City

International developer and operator of life science coworking and shared lab space BioInnovation Labs (BioLabs) recently announced it would be opening a state-of-the-art graduate facility at The Curtis in Center City West, Philadelphia.

Top 20 US Metros for Life Science Companies in 2022

4.2 million square feet of Philadelphia office space accommodated the life sciences sector as of May 2022. This volume made up nearly 2% of the local office market, which represented the ninth-largest such market share among the entries in our ranking.

Top US Cities for Women in STEM (2021 Ranking Update)

Wrapping up the top five is Philadelphia, which scored a total of 9.79 points. The 38,000 STEM workers here make up 5.2% of the local employment and are 33.8% women—the second-best ratio in the region. And, while the size of the local sector has remained roughly the same since 2015, wages have increased. Specifically, the median income for a Steel City STEM employee grew 19.2% in those five years, although the median income for female STEM workers increased 15.5% during the same timeframe. Nevertheless, the most recent data shows that women working in STEM occupations in Philadelphia had the fifth-highest median income in the northeastern region.

Top 20 Best Cities for Gen Z: Atlanta, Minneapolis & Boston Steal the Spotlight

Philadelphia boasted the fifth highest internet speed among the top 20 cities for Gen Zers. At 481 MB/s, it was only outperformed by New York City among Northern entries.

The Tallest Planned Skyscrapers in the Works

Philadelphia also recorded two entries among the tallest planned skyscrapers in the U.S.: The Transit Terminal Tower at #9 and 3101 Market at #14.

From Bustling Hubs to University Towns, Here Are the Northeast’s Best Metros for Tech

Scoring among the 10 best metros for tech in the Northeastern U.S., Philadelphia stood out for having fostered the largest number of new tech startups added to the local economy.

Brandywine & Drexel Celebrate Topping Out of Philadelphia Life Science Tower

Brandywine Realty Trust and Drexel University have topped out the newest office and life sciences building in Philadelphia’s University City district.

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Philadelphia, PA Office Spaces for Rent

Philadelphia - Middle City Station

Two Penn Center Plaza

3945 Chestnut St

The Chestnut Building