Philadelphia is the biggest city in Pennsylvania and holds the sixth position among the most densely populated cities in the United States. According to the US Census bureau, the city recorded an estimated population of 1.54 million. In terms of urban population, the city holds the fourth position. Philadelphia can be rightly termed as an educational, commercial as well as cultural center and was once believed to hold the second position in terms of the largest cities in the British Empire. The city is a home to different hospitals, shopping malls, retail outlets, media houses and is also a tourist hub.
Rental rate fees may differ greatly from one location to another but Philadelphia executive office rates rent tend to run between $275 and $3300. Because vacancy rates are on the rise, landlords are now more apt to negotiate lease agreements. So, if you are on the search for Philadelphia executive office suites, please see our webpage. Our expert help is a free service and we offer pictures of every type of office from temporary offices to executive suites. Inquire for rental quotes. Other local areas in Philadelphia that we offer are Blue Bell City, East Falls, Hatboro, Market Street and Mt. Airy. Contact us if you need to look at commercial space in Pittsuburgh, Cincinnati, Baltimore, or any other nearby cities. We also offer a real estate article section on most major markets, if you'd like to learn about other local markets (for industrial, retail, warehouse, and more).
The economic sectors of this city include oil refining, manufacturing, healthcare, food processing, biotechnology, financial services and tourism. The city serves as a home to the Philadelphia stock exchange together with various other Fortune 500 companies. The companies that have their base in Philadelphia, Pennsylvania include internet provider and cable television Comcast, insurance companies CIGNA, Colonial Penn and Lincoln Financial Group, food services company Crown Holdings and Aramark Incorporated, energy company Sunoco, chemical makers FMC Corporation and Rohm and Haas Company, pharmaceutical companies GlaxoSmithKline and Wyeth, Boeing Rotorcraft Systems, brass era automobile company Biddle as well as automotive parts retailer Pep Boys. Prior to the establishment of Washington D.C., the city served as the capital of the United States.
The Philadelphia office market has experienced vast recoil since the 4th quarter of 2008. To be more specific, the office vacancy rate of Philadelphia was 13.6% in the year 2008 and has increased since then. The unemployment rate in Philadelphia has been measured as high as 9.9%. The sales tax rate of Philadelphia is 8%. However, this state sales tax doesn’t take into consideration footwear, most clothing, newspapers, textbooks, prescription drugs, veterinary services and food to name a few. The crime rate of this city are as follows: theft (47%), vehicle theft (16%), burglary (14%), robbery (11%), aggravated assault (10%), rape (1%) and homicide ( 0%).
One can find a vast array of Philadelphia executive offices suites. However, the best suited place to search and find Philadelphia based business offices include Penn Center Plaza (downtown), Market street, Market street (downtown), Vine street, JFK Boulevard (downtown), Bala Plaza (Bala Cynwyd), Church Road (Cherry Hill), Barr Harbor Drive (West Conshoshocken), Fellowship road (Mt. Laurel), and Atrium Way (Mt. Laurel). A variety of large and small executive office suites have been established in Philadelphia and come with amenities like: completely furnished executive suites, kitchen, conference rooms, 24 hour access to the internet ( high speed), broad band facilities, car parking, meeting rooms, IT support, secretarial services, sophisticated phone system, e-mail facilities, video conferencing, impressive lobby areas, unmatched customer service, friendly and experienced staff, training rooms, administrative services, elegant reception service, cat 5 cabling, modern building to name a few. You can always count on office space heaven to help you find the right spot.