PG Commercial Real Estate – Commercial Realtor Montgomery County, PA and Greater Philadelphia Region

Montgomery County Office Trends 2016

 

Let’s look at trends in the office markets in Montgomery County mid year to the Fall 2016.

Vacancy in the overall market is just under 12%. The average gross rent is $24.00 psf per year, BUT quality matters. Looking at vacancy and rental rate trends in Class A Office Space in Montgomery County PA you now see a vacancy in 7.3% and rates average $28.00 psf, please see the graphs below.

Office Montgomery County PA

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Vacancy & Rental Rates

Just shy of $24.00


 

Class A Office Space in Montgomery County PA

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Within Montgomery County vacancy and rates vary by location within the county. It is broken down into towns and A, B, C class office space.


 

Office Market Mid-Year 2016

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Montgomery County

Class A, B, C

 

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