Market Guide
Philadelphia, PA Commercial Real Estate Guide
Commercial real estate guide for Philadelphia, PA.
Philadelphia, PA
Current
Quick Facts
Philadelphia market quick facts
City
Philadelphia
PA
County
Philadelphia County
Regional market context
Population
5,782,653
City population context
Buildings
10
Example buildings in Rofo data
Common Space Types
2
Office Space, Coworking Space
Nearby Markets
8
Bala Cynwyd, Folcroft, Jenkintown
Market Overview
Commercial real estate in Philadelphia
Philadelphia, PA is a local commercial real estate market in Philadelphia County where businesses can compare space needs by location, property type, and fit. Common space types include office space, coworking space. Rofo currently includes 10 example buildings for this market. Nearby markets such as Bala Cynwyd, Folcroft, Jenkintown can also be useful to compare.
Office Market Snapshot
Philadelphia Office Market Snapshot
Stable pricing with increased availability downtown.
Average Rent
$30-$45/SF/YR
→
Typical office asking rent
Availability
Elevated
↑
Above historical averages
Market Trend
Tenant-favorable
→
Flexible lease structures available
Notable Areas
Center City
University City
Navy Yard
Common tenant search areas
Rents steady but incentives improving.
Vacancy driven by large tenant consolidations.
Good time to negotiate favorable lease terms.
Space Types
Commercial space types in Philadelphia
Office Space in Philadelphia
Office space can work for professional services, client-facing teams, administrative users, and companies that need private workspace.
View office space in PhiladelphiaCoworking Space in Philadelphia
Coworking space can work for flexible teams, remote workers, startups, and businesses that want shorter-term workspace options.
View coworking space in PhiladelphiaNearby Markets
Nearby commercial real estate guides
Compare nearby market guides if you are flexible on location, commute, space type, or building fit.
Bala Cynwyd, PA
Read the Bala Cynwyd guideFolcroft, PA
Read the Folcroft guideJenkintown, PA
Read the Jenkintown guideConshohocken, PA
Read the Conshohocken guideRadnor, PA
Read the Radnor guideNewtown Square, PA
Read the Newtown Square guideFort Washington, PA
Read the Fort Washington guideChester, PA
Read the Chester guideNearby City Pages
Compare nearby commercial real estate markets
Nearby markets can be useful if you are flexible on location, commute, space type, or building fit.
Bala Cynwyd, PA
Explore Bala Cynwyd commercial real estateFolcroft, PA
Explore Folcroft commercial real estateJenkintown, PA
Explore Jenkintown commercial real estateConshohocken, PA
Explore Conshohocken commercial real estateRadnor, PA
Explore Radnor commercial real estateNewtown Square, PA
Explore Newtown Square commercial real estateExample Buildings
Example buildings in Philadelphia
Space Planning
What size commercial space do you need?
Most businesses start by estimating team size, operational needs, customer access, storage needs, and future growth. If you are unsure, compare a few size ranges before narrowing the search.
- Under 1,000 sqft can work for smaller teams, service businesses, or focused local operations.
- 1,000-5,000 sqft often fits growing businesses that need a practical mix of work, customer, or support areas.
- 5,000+ sqft is usually evaluated around layout, operational flow, and future expansion needs.
Next Steps
We can help you find space in this market
Share the type of space, size range, and timing you are considering, and Rofo can help you evaluate Philadelphia or nearby commercial real estate markets.
GET HELP
Tell us what you need
Help us understand your space, timing, and priorities—we’ll point you in the right direction.
Type of space
Office, retail, industrial, flex, or coworking
Size or team
A rough range or headcount is enough
Location
Your target area or nearby options
Timeline
Now, soon, or just exploring
GET HELP
Find the right space for your business
Tell us what you need — we’ll follow up with a few spaces that fit.
FAQ
Philadelphia commercial real estate FAQ
How do I find commercial space in Philadelphia?
Start by defining the type of space, approximate size, preferred location, and timing. Rofo can help compare available options in Philadelphia and nearby markets.
What types of commercial space are available in Philadelphia?
Philadelphia has guide or inventory coverage for office space, coworking space. Availability varies by property and timing.
Can Rofo help me compare nearby markets?
Yes. Rofo can help compare Philadelphia with nearby markets such as Bala Cynwyd, Folcroft, Jenkintown.
How does Rofo connect me with local options?
Share what kind of space you need, your target market, and approximate size. Rofo reviews the request and helps identify relevant next steps.