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Office Highlights

United States | Philadelphia, PA

Report | Philadelphia Office Highlights - Q1 2011

Summary

The Philadelphia economy saw small job growth, as the market added 10,000 new jobs (0.4 percent annual job growth) over the previous year, marking the third consecutive quarter that the Philadelphia MSA has had positive job growth. The first quarter saw a healthy amount of deal flow in the 20,000 to 50,000-square-foot range in both the CBD and suburbs. Build-to-suit opportunities have continued to be the only form of new construction in the market.

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