For those looking for commercial office space, Philadelphia is among the hottest cities on the East Coast for a number of reasons. The City of Brotherly Love is a centrally located metropolis that offers many more affordable living options than other big American cities, making it perfect for businesses looking to attract bright young talent. Add in the walkability of Center City, the ongoing restaurant and entertainment renaissance, and the city’s unparalleled place in American history, and the business case for opening up shop in Philly is apparent.
Commercial Office Space for Your Business’ Future
With heightened demand for commercial office space, Philadelphia delivers a good mix of different types of buildings. In particular, businesses looking for either Class A or Class B office space for rent or sale, have plenty of options. The categories are determined by a number of factors—including the building’s location, amenities, fixtures, technology capabilities, and more—which business enterprises should evaluate to ensure the space is aligned with the future direction of the organization.
Choosing Your Commercial Office Space Type
As you embark on your hunt for commercial office space in Philadelphia, here are a few things to consider to help you narrow down your choices.
Category A spaces are the most sought-after, as they typically provide the highest-quality office. Often, Class A offices are newly constructed, though this category can also be applied to slightly older spaces that have recently undergone reconstruction. This type of space features new HVAC equipment and top-of-the-line technology capability, a must for business success in today’s digital world. The amenities on site and fixtures are also leading edge, while the layout is spacious and often features high ceilings and impressive architecture. Most Class A offices are located in high-rise buildings in high-traffic areas, such as the heart of Center City.
Category B offices offer rental price points that are lower than those for Class A buildings, but tenants do have to sacrifice a few of the bells and whistles in the process. While the lobbies and amenities may not be as state-of-the-art, they’re still well-maintained properties with decent locations and fully functional office capabilities. Many are situated in smaller buildings, typically no higher than four stories, which may be an important consideration for some businesses.
If you’re looking for the perfect commercial office space in Philadelphia, contact Allan Domb Real Estate at 215-545-1500 to schedule a showing today.