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Office Insight

United States | Philadelphia, PA

Report | Philadelphia CBD Office Insight - Q3 2015

Summary

Every Philadelphia CBD submarket continues to experience asking rental rate growth in Class A product. Large blocks remain scarce, and new-to-market tenants seek high-quality space. 

Market East’s recent surge slowed to just below 1.0 percent rent growth in the most recent quarter, while the most constrained submarkets of University City and The Navy Yard saw increases above 4.0 percent. 

Learn more about what’s happening—and what we expect to occur in the coming months—in the Philadelphia CBD.

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