Skip Ribbon Commands
Skip to main content

United States | Philadelphia, PA

Report | Philadelphia CBD Office Insight - Q2 2016


As of Q2, Market East remains the hottest submarket for rental rate growth (y-o-y), despite having the highest vacancy rate among Philadelphia’s four CBD submarkets. Asking rates in the submarket are up 12.9 percent year-over-year, easily outpacing overall CBD rate growth of 9.4 percent.

Delays in construction at two major buildings downtown is expected to extend landlord-favorable conditions across the CBD, with only 3675 Market Street set to deliver Class A space in the 2017-2018 timeframe.

To access the report, simply complete the form.

Please fill out the form to access the report.
Trouble downloading? Please click the following link.