After Twenty Years, KPMG Plans to Move out of Market Street Location

KPMG to move out of 1601 Market St. after more than 20 years, cut space by 38%

KPMG plans to leave its longtime home at 1601 Market St. next year and relocate to new offices at 1735 Market, reducing its space by 38% in the process.

The Big 4 accounting firm will make the move when its lease at 1601 Market expires on June 30, 2024. It currently occupies 134,000 square feet but will downsize to just 97,000 at 1735 Market, also known as the BNY Mellon Bank Center. It will take the entire third, fourth and sixth floors in the 54-story building.

KPMG declined to provide the length of the lease but did say it has flexibility to grow or shrink its space over time.

*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 and advisory 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,