Philadelphia
Philadelphia Office Market Shows Signs of Stabilization
Philadelphia’s office market is showing signs of stabilization as tenant movement continues easing from its mid-2025 peak. Office churn has declined to approximately 26 million square feet across the market. […]
Read More....Philadelphia Prepares for Global Spotlight as FIFA World Cup Arrives in 2026
Philadelphia is preparing to welcome the world in 2026 as one of 16 North American host cities selected for the FIFA World Cup. As a result, the city is expected […]
Read More....Center City Philadelphia Continues Growth as Jobs, Housing, and Retail Activity Expand
Center City remains the economic and social core of Philadelphia. Each day, hundreds of thousands of people move through downtown streets, offices, restaurants, and public spaces. During the Center City […]
Read More....Philadelphia Industrial Market Shifts Toward Smaller Footprints and Taller Warehouses
Philadelphia’s industrial market has undergone a structural shift since 2020. As a result, leasing trends and building design have continued to evolve. Rising land costs, e-commerce demand, and more advanced […]
Read More....Office Demolitions Rise as Market Correction Gains Momentum
Office demolitions across Greater Philadelphia hit their highest level in nearly a decade. Developers removed approximately 1.4 million square feet from the market over the past year. This surge reflects […]
Read More....Philadelphia Retail Space Hits Multi-Decade Low Amid Strong Demand
Available retail space across Philadelphia remains near a multi-decade low after several years of strong demand. At the end of 2025, the market reported just 17.6 million square feet of […]
Read More....Philadelphia Office Market Shows Direction in 2025
The future of Philadelphia’s office market began to take shape in 2025. During the year, top-quality office buildings recorded strong performance. Occupancy levels above 90% were achieved. At the same […]
Read More....Philly is Best Place to Visit Per Wall Street Journal
Although New Year’s Day is still weeks away, momentum is already building for Philadelphia in 2026. Recently, The Wall Street Journal named Philadelphia the world’s top place to visit in […]
Read More....Philadelphia-Area Nonprofits Change Real Estate Strategies
Recently, several Philadelphia nonprofits updated their real estate footprints. They adjusted operations and made strategic buy-and-sell decisions. To start, Montgomery County SPCA bought land for a new headquarters. Then Easterseals […]
Read More....Philly Retail Slows in City Harder Than Suburbs
Retail rent growth in the Philadelphia region has cooled in recent quarters, reflecting a nationwide slowdown and the impact of widespread store closures from major retailers including Rite Aid, Party […]
Read More....Aging Inventory Slows Retail Rent Growth in Philadelphia
Philadelphia’s retail sector continues to lag behind other major U.S. markets when it comes to rent growth. In the third quarter, the region placed 13th out of the top 15 […]
Read More....Philly Metro Job Market Surges in May, Led by Health and Education Sectors
The Philadelphia-Camden-Wilmington metro area experienced notable job growth in May 2025, with preliminary data from the Bureau of Labor Statistics reporting a total of 3,154,100 nonfarm jobs—an increase of 15,800 […]
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