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
Vacancy & Rental Rates
Just shy of $24.00
Class A Office Space in Montgomery County PA
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
CLICK TO ENLARGE
Class A, B, C