University City / Schuylkill Yards is best-fit for life sciences, biotech, healthcare, academic research, tech.
University City / Schuylkill Yards is best-fit for life sciences, biotech, healthcare, academic research, tech.
Life sciences, biotech, healthcare, academic research, tech.
Cost-sensitive operations and back-office functions are usually a poor fit — the rent premium is real and is paid for brand and address.
| city | Philadelphia |
|---|---|
| submarket | University City / Schuylkill Yards |
| tier | trophy |
| averageRentLocal | $50/sqft/yr |
| cityClassARentUsd | $38/sqft/yr |
| cityVacancyPct | 21.6% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.