Philadelphia's office market showed signs of stabilizing in early 2025, with positive annual net absorption for the first time in five years. However, challenges persist as office-occupying companies continue to downsize, effective rents remain under pressure, and prevailing interest rates depress asset valuations. Here's what CoStar market analytics is hearing from local industry players in the Philadelphia office market in early 2025.
Capital market friction holding back Philadelphia’s office recovery
What CoStar’s Analytics team is hearing from Philadelphia real estate industry players
CoStar Analytics
February 26, 2025 | 10:21 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In