Top Philly Office Space Leases in Q4 2014

research information graphicSubaru of America’s new corporate headquarters was the select top Philly office space lease signed in the fourth quarter 2014 in the Philadelphia market, according to a new report from the CoStar Group.

Subaru signed the lease for 250,000 square feet of Philadelphia office space in the Gateway Office Campus – Building 4 in the North Camden County submarket, CoStar’s Fourth Quarter 2014 Market Report said.

The next largest lease signed in the fourth quarter in the market for office space in Philly was for 62,880 square feet at Two Logan Square in the Market Street West submarket, the report noted.

Next up was Thomas Jefferson University Hospital’s lease for 43,369 square feet at 833 Chestnut East in the Market Street East submarket of the Philadelphia office space market, CoStar said.

The report also noted that Comcast Corporation signed a lease in the second quarter for 982,275 square feet at Comcast Innovation & Technology Center in the Philly office space market’s Market Street West submarket.

In comparison to the fourth quarter trends in the market for office space in Philadelphia, CoStar said the largest new leases signed in the U.S. national office space market in the fourth quarter included the 1.89 million-square-foot lease signed by Google, Inc. in the South Bay / San Jose market; Amazon’s 422,682-square-foot office lease in New York City; ServiceNow, Inc.’s deal to lease 310,346 square feet in the South Bay / San Jose market; MITRE’s lease for 270,000 square feet in the Washington market; and Subaru of America’s lease for 250,000 square feet in the Philadelphia office space market.

For more information about office space in Philly or any Philadelphia commercial properties, please call 215-799-6900 to speak with Jason Wolf (jason.wolf@wolfcre.com), Leor Hemo (leor.hemo@wolfcre.com) or Lee Fein (lee.fein@wolfcre.com) at Wolf Commercial Real Estate, a premier Philadelphia commercial real estate broker that specializes in office space in Philadelphia.

Wolf Commercial Real Estate is a Philadelphia commercial real estate brokerage firm that provides a full range of Philadelphia commercial real estate listings and services, marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.

Wolf Commercial Real Estate, a Philadelphia commercial real estate broker with expertise in Philadelphia commercial real estate listings and services, provides unparalleled expertise in matching companies and individuals seeking new office space in Philadelphia with the Philadelphia commercial properties that best meets their needs.  As experts in Philadelphia commercial real estate listings and services, the team at our Philadelphia commercial real estate brokerage firm provides ongoing detailed information about Philly office space and other Philadelphia commercial properties to our clients and prospects to help them achieve their real estate goals.  If you are looking for office space in Philly for sale or lease, Wolf Commercial Real Estate is the Philadelphia commercial real estate broker you need — a strategic partner who is fully invested in your long-term growth and success.

Please visit our websites for a full listing of South Jersey and Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.