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Center City Remains Philadelphia’s Office Powerhouse Despite Reduced Demand Compared to Years Past

Suburban King of Prussia Also Attracts Solid Office Leasing Demand In First-Half of the Year

Philadelphia’s downtown district, Center City, includes Market Street West, Market Street East and Independence Hall. (CoStar)
Philadelphia’s downtown district, Center City, includes Market Street West, Market Street East and Independence Hall. (CoStar)

Despite widespread concerns about the health of Philadelphia's downtown office market, Center City’s Market Street West section continues to attract a major share of new leasing activity to lead the overall region.

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