Philly Office Space

Philly Office SpaceWolf Commercial Real Estate (WCRE), a full-service Philadelphia commercial real estate brokerage firm, specializes in representing Philly office space for buyers, tenants, investors and sellers throughout the Greater Philadelphia region.

Strategically located between New York City and Washington, D.C., and easily accessible via a major international airport, Amtrak’s north-south corridor and several major highways, Philadelphia office space offers global, national and regional companies a highly desirable location in which to conduct business.

As experts in Philadelphia commercial real estate services, the team at our Philly commercial real estate brokerage firm provides ongoing detailed information about Philadelphia office properties to our clients and prospects to help them achieve their real estate goals. At Wolf Commercial Real Estate, our Philadelphia commercial real estate services encompass the highest quality of service and proven expertise.

Philly Office Space Property Owner Representation

WCRE, a leading Philadelphia commercial real estate broker, helps owners of Philly office space for sale or lease put tenants or buyers in their properties through a defined marketing process that is tailored to each property and sub-market. Our proven marketing strategy is implemented by commercial real estate professionals who are experts in the Greater Philadelphia-area office markets, providing the unparalleled levels of Philadelphia Property Owner Representation. As a premier Philadelphia commercial real estate brokerage firm, we treat your Philadelphia office properties as if they were our own and work closely with you as part of our total commitment to client-focused relationships.

Philly Office Space Tenant Representation

For companies and individuals seeking to lease or acquire new Philly office space, Wolf Commercial Real Estate will identify the office space that best suits your needs, whether in the Greater Philadelphia area or anywhere in the country. Through our Philadelphia Tenant Representation services, we ensure that the sale or lease terms of the Philadelphia office space or any other new property are tailored to meet your goals. As a full-service Philly commercial real estate broker, we assist in the relocation analysis process from start to finish, facilitating a smooth transition into your new Philly office space and serving as your strategic partner invested in your long-term growth and success.

For more information about Philadelphia office space for sale or lease or about commercial properties for sale or lease elsewhere in the United States, please contact Jason Wolf (215-799-6900-office; 215-588-8800-cell; jason.wolf@wolfcre.com) at Wolf Commercial Real Estate, the premier Philly commercial real estate brokerage firm.

About Us

Wolf Commercial Real Estate is a Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate services, marketing commercial offices, medical properties, investment properties, industrial properties, land parcels and retail buildings for buyers, tenants, investors and sellers in the Greater Philadelphia area and beyond. Please visit our websites for information about our Philadelphia commercial real estate services for office space, retail space, medical space, investments, industrial space or land for sale or lease, or for information about other commercial real estate listings and commercial real estate services from Wolf Commercial Real Estate, the leading Philly commercial real estate broker.

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Archdiocese of Philadelphia Relocating to Three Parkway

Archdiocese of Philadelphia Relocating to Three Parkway

The Archdiocese of Philadelphia is preparing to relocate its headquarters, signing a long-term lease for 80,000 square feet at Three Parkway, just a block from its current Center City location.

The archdiocese, which has occupied its 13-story, 137,000-square-foot building at 222 N. 17th Street since 1971, cited $25 million in deferred maintenance costs and underutilized space as the main reasons for the move. “Financially, this will make sense for the archdiocese. It will be a cost savings,” said spokesperson Ken Gavin.

The new offices will occupy the 10th through 12th floors of the 20-story Three Parkway tower at 1601 Cherry Street. The transition is expected to take place in spring 2026.

At its peak, the current headquarters housed roughly 450 employees, but the workforce has since declined to around 250 through layoffs and attrition. The upcoming move represents a 42% reduction in office space, aligning the organization’s footprint with its streamlined operations.

*Article courtesy of Philadelphia Business Journal
For more information about Philadelphia office space for sale or lease or about any other properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale, www.wolfcre.com.

Eight Tower Bridge Sells for $83.1M

Eight Tower Bridge office tower in Conshohocken sells for $83.1M

The 16-story Eight Tower Bridge office building in Conshohocken has been sold for $83.1 million, representing a 23% decline from its last sale in 2018. The 347,000-square-foot tower was purchased by a partnership between FLD Group of Eatontown, NJ, and New York’s Adjmi family, from American Real Estate Partners (AREP).

AREP previously acquired the property for $108 million from a partnership involving Cornerstone Real Estate Advisors and developer Oliver Tyrone Pulver, who built the tower more than 20 years ago.

The new owners, who have been expanding their Philadelphia-area portfolio with recent acquisitions of Bala Plaza and the Plymouth Meeting Executive Campus, plan to maintain the property as office space. The building is currently 94% occupied, reflecting its strong tenant base despite regional office market challenges.

*Article courtesy of Philadelphia Business Journal
For more information about Philadelphia office space for sale or lease or about any other properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale, www.wolfcre.com.

Starr Insurance Expands Philadelphia Office Footprint

Starr Insurance expands Philadelphia footprint by 66% with office move

Starr Insurance is set to significantly expand its presence in Center City Philadelphia, leasing the entire 31,600-square-foot top floor of 30 S. 17th Street, also known as Duane Morris Plaza. The move represents a 66% increase in space for the New York-based insurance and investment firm, which currently occupies about 19,000 square feet at 1601 Market Street, less than a block away.

According to Savills’ quarterly market report, the lease marks one of the first major deals at the 20-story tower since Oaktree Capital Management, the building’s Los Angeles-based owner, announced plans for lobby renovations and system upgrades. The improvements coincide with Duane Morris LLP’s long-term lease renewal, which included a 45,000-square-foot downsize. The law firm will retain 195,000 square feet and continue as the building’s anchor tenant with naming rights.

Starr Insurance, which reported $11.9 billion in gross written premiums and $41.1 billion in total assets as of December 31, plans to relocate to its new space in the summer of 2026.

“We’re looking forward to moving to accommodate our growing local employee base and provide them with a top-level office environment close to our key distribution partners,” said Hunter Hoffman, Starr’s Chief Marketing Officer.

The transaction highlights renewed leasing momentum in Center City, as companies seek high-quality, amenity-rich office environments that support collaboration and long-term growth.

*Article courtesy of Philadelphia Business Journal
For more information about Philadelphia office space for sale or lease or about any other properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale, www.wolfcre.com.

Great Valley School District Plans to Acquire Office Building

Great Valley School District to acquire office building adjacent to Malvern campus

The Great Valley School District has approved the $7.5 million purchase of the Westbrook Corporate Center, a nearly 190,000-square-foot office building located at 41 Moores Road in Malvern. The property sits on 21.9 acres directly adjacent to Great Valley High School, positioning the district for potential future expansion or redevelopment of the site.

The acquisition price represents a steep 85% discount from the building’s previous sale in 2013, when it traded for $49.65 million, according to Chester County property records. The three-story office building, constructed in 1998, is currently owned by an entity affiliated with Phoenix-based Orion Properties.

Situated at the corner of Moores and Conestoga Roads, between Route 202 and I-76, the property has been largely vacant and available for lease for nearly six years, according to CoStar data. Past tenants have included Teva Pharmaceuticals, Trammell Crow Company, and Community First Financial.

In a September letter to Great Valley families and staff, Superintendent Daniel Goffredo stated that the district will now begin a due diligence period to assess the property’s condition and potential uses. Findings from that process “will guide future development decisions,” indicating that plans for how the building will serve the district are still under evaluation.

*Article courtesy of Philadelphia Business Journal
For more information about Philadelphia office space for sale or lease or about any other properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale, www.wolfcre.com.

Day & Zimmermann Relocates to 1835 Market

Day & Zimmerman downsize

Construction and engineering firm Day & Zimmermann will significantly reduce its Center City office space as it relocates next year to 1835 Market Street. The company has signed a long-term, 48,074-square-foot lease, moving from over 100,000 square feet at 1500 Spring Garden Street, where it has been headquartered for nearly two decades.

Despite the downsizing, the deal marks one of Center City’s largest office leases of the year, according to Savills. The third-generation, family-owned company — founded in 1901 — provides construction, engineering, staffing, and defense services to global corporations and governments.

Day & Zimmermann reported $3 billion in revenue in 2024, up from $2.3 billion the prior year, ranking sixth among the Philadelphia region’s largest private companies. The firm employs more than 1,600 people locally and 37,000 worldwide.

*Article courtesy of Philadelphia Business Journal
For more information about Philadelphia office space for sale or lease or about any other properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale, www.wolfcre.com.

Stateside Vodka to Relocate Headquarters to Center City Philadelphia

Fast-growing Stateside Vodka picks Center City for new corporate headquarters

Stateside Vodka, the Philadelphia-born spirits company best known for its craft vodka and popular Surfside canned cocktails, has signed a long-term lease to move its corporate headquarters back to the city. The company secured an 11-year lease for 34,200 square feet across the fifth and sixth floors at 1100 Ludlow Street, part of the East Market development in Center City.

The building, owned by National Real Estate Advisors, is a key component of the $1 billion East Market project, which has reimagined the corridor with modern office, residential, and retail spaces. The location sits adjacent to Jefferson Health’s $762 million Honickman Center and near a stretch of East Market Street undergoing additional redevelopment in collaboration with Comcast Corp. and Harris Blitzer Sports & Entertainment, the ownership group behind the Philadelphia 76ers.

According to CFO Jim Romano, Stateside plans to make the move in early spring 2026. The company is currently based in Feasterville-Trevose, where it occupies 10,000 square feet at 3800 Horizon Boulevard — a temporary location it adopted last year to accommodate rapid growth.

The relocation marks a return to the company’s Philadelphia roots and reflects its continued expansion in both the spirits and ready-to-drink cocktail markets. The new headquarters will provide additional space for operations and future growth as Stateside continues to scale its popular product lines.

*Article courtesy of Philadelphia Business Journal
For more information about Philadelphia office space for sale or lease or about any other properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale, www.wolfcre.com.

Audacy Subleasing Part of Philly HQ

Audacy Reduces Philadelphia HQ Footprint
Audacy is subleasing nearly half of its 65,000-square-foot headquarters at 2400 Market Street in Center City Philadelphia. The company is making about 32,400 square feet of space available as it adapts to hybrid work schedules and evolving office needs.
Despite the downsizing, Audacy will maintain its studios for six local radio stations and continue to operate its corporate headquarters in the same building. Its lease runs through July 2034, and Wexford Science & Technology is overseeing the sublease effort.
*Article courtesy of Philadelphia Business Journal
For more information about Philadelphia office space for sale or lease or about any other properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale, www.wolfcre.com.

Private Buyers Take Lead in Philadelphia Office Market

The Philadelphia commercial office market has seen a significant shift in active buyers over the past 12 months, with private buyers and end users filling the void left by traditional institutional investors in the office sales market.

The Philadelphia commercial office market has experienced a major shift in buyer activity over the past 12 months, with private investors and end users stepping in as traditional institutional players pull back.

Private buyers now account for 66% of office sales, up from a 10-year average of 51%. This 15-point increase represents the most significant change in the market, highlighting how private investors are capitalizing on current conditions.

Industry observers suggest that this trend reflects the nimbleness of private buyers, who can act quickly in a volatile environment, seizing pricing opportunities that may not align with the stricter investment criteria and slower decision-making processes of larger institutional firms.

*Article courtesy of Costar
For more information about Philadelphia office space for sale or lease or about any other properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale, www.wolfcre.com.

Asplundh Relocates Headquarters, Lists Willow Grove Site for Sale

Asplundh Relocates Headquarters, Lists Willow Grove Site for Sale

Asplundh Tree Expert Co. is relocating its longtime headquarters from Willow Grove to Horsham, marking a significant office move and expansion in the Philadelphia region.

The company signed a long-term lease to fully occupy a 120,000-square-foot building at 680 Blair Mill Road in Horsham, just a half-mile from its current site. The move represents a 28% increase from its existing 93,692-square-foot headquarters at 708 Blair Mill Road, which it has occupied since 1974. The Willow Grove property, spanning 13 acres, is now being marketed by Newmark as a prime redevelopment or repositioning opportunity.

The Horsham office, formerly occupied by UnitedHealthcare, has been vacant since Workspace Property Trust acquired it in 2015 from Liberty Property Trust as part of a portfolio deal.

Founded in 1928, Asplundh is a global leader in vegetation management and utility services, employing more than 36,000 people. The company reported $5.7 billion in revenue, ranking No. 115 on Forbes’ 2024 list of America’s largest private companies and No. 2 on the Philadelphia Business Journal’s list of top privately held companies by revenue.

*Article courtesy of Philadelphia Business Journal
For more information about Philadelphia office space for sale or lease or about any other properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale, www.wolfcre.com.

Malvern Office Park Hits Market as Redevelopment Opportunity

Oracle's 111-acre Malvern office park hits the market

A major office campus in Malvern is being marketed for sale, presenting a significant redevelopment opportunity along the Main Line. The 111-acre Malvern Green property, located at 51 Valley Stream Parkway, consists of three office buildings and a data center totaling nearly 760,000 square feet.

All four buildings are currently occupied by Oracle, which took ownership of the site through its $28.3 billion acquisition of Cerner Health Services in 2022. Chester County records list Cerner as the property’s official owner.

Since the acquisition, Oracle (NYSE: ORCL) has been reducing and consolidating its office footprint nationwide, including former Cerner locations. In its 2024 annual report, the company disclosed that roughly 32% of its global office portfolio was either being subleased or marketed for disposition at the end of last year.

*Article courtesy of Philadelphia Business Journal
For more information about Philadelphia office space for sale or lease or about any other properties for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale, www.wolfcre.com.