{
  "url": "https://classa.info/cities/philadelphia/faq",
  "title": "Philadelphia Class A office: frequently asked questions",
  "description": "Quick answers to the questions occupiers ask most about Philadelphia Class A office leasing.",
  "oneSentenceAnswer": "Quick reference: Philadelphia Class A rent is $38/sqft/yr ($38 USD), typical term 10 years, 14 months free.",
  "tldr": [
    "Class A rent: $38/sqft/yr.",
    "Typical term: 10 years.",
    "Typical rent-free: 14 months.",
    "Vacancy: 21.6%."
  ],
  "keyFacts": {
    "city": "Philadelphia",
    "country": "United States",
    "region": "Americas",
    "classARentLocal": "$38/sqft/yr",
    "classARentUsd": "$38/sqft/yr",
    "vacancy": "21.6%",
    "typicalLeaseYears": 10,
    "typicalRentFreeMonths": 14,
    "submarkets": 5,
    "primeYieldPct": "6.9%"
  },
  "faqs": [
    {
      "question": "How significant is the life sciences pipeline?",
      "answer": "Material. The Schuylkill Yards and University City corridor delivered roughly 2M sqft of life sciences and biotech-tilted Class A in 2023-2025."
    },
    {
      "question": "What is the Center City rent versus University City?",
      "answer": "Center City trophy trades 10-15% above University City Class A on a per-foot basis, but University City is increasingly the preferred destination for life sciences and biotech tenants."
    },
    {
      "question": "Are concessions tightening?",
      "answer": "Trophy concessions remain rich at 12-16 months free; older Class A is more aggressive."
    }
  ],
  "pageType": "city-topic",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/philadelphia/faq), updated 2026-04-15T00:00:00.000Z."
}