Center City West is a trophy-tier Philadelphia submarket with average asking rent around $54/sqft/yr.

  • Average asking rent: $54/sqft/yr.
  • Tier: trophy.
  • Citywide Class A rent context: $38/sqft/yr ($38 USD).
  • Citywide vacancy: 21.6% — submarket-level availability is typically tighter at trophy tier.

Center City West, Philadelphia office rents and availability

Center City West is a trophy-tier Philadelphia submarket with average asking rent around $54/sqft/yr.

TL;DR

  • Average asking rent: $54/sqft/yr.
  • Tier: trophy.
  • Citywide Class A rent context: $38/sqft/yr ($38 USD).
  • Citywide vacancy: 21.6% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

Center City West averages around $54/sqft/yr for Class A, against a citywide Class A index of 38. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

The trophy financial spine. Banking, law, professional services, media (Comcast).

Key facts

cityPhiladelphia
submarketCenter City West
tiertrophy
averageRentLocal$54/sqft/yr
cityClassARentUsd$38/sqft/yr
cityVacancyPct21.6%

Frequently asked questions

What is the average Class A rent in Center City West, Philadelphia?
Around $54/sqft/yr. The citywide Class A index sits at $38/sqft/yr.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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