Office space in Philadelphia is springing up with many major real estate developments, and Center City is undeniably at its center. For a couple of years, the city has been observing the development of level it hasn’t seen since the construction of Liberty Place towers during the late 1980s. And the same trend will continue… Read more »
Posts Categorized: Wolf Commercial Real Estate
Premier Philadelphia Office Space for Lease in Monroe Office Center
Wolf Commercial Real Estate, a leading Philadelphia commercial real estate broker that specializes in Philadelphia commercial real estate listings and services, is now offering premier Philadelphia office space for lease in the Monroe Office Center at 1 Winding Drive Philadelphia PA. This Philadelphia office building for lease will have suites that range in size from 1,325… Read more »
Philly Office Space Vacancies Rise in First Quarter
The Philly office space vacancy rate rose in the first quarter 2015, closing the quarter at 10.8%, according to a new market report from the CoStar Group. The vacancy rate for office space in Philadelphia in the first quarter was an increase over the previous quarter, the CoStar Group’s First Quarter 2015 Market Report noted. … Read more »
First Quarter Report: Strong Start for South Jersey Commercial Real Estate
Maintaining the momentum it experienced in fourth quarter 2014, the South Jersey commercial real estate market started 2015 on a strong note, according to a new market report from Wolf Commercial Real Estate, a premier Philadelphia commercial real estate broker that specializes in South Jersey and Philly commercial real estate listings and services, including Philly… Read more »
Largest Philadelphia Office Space Leases Signed in Q4 2014
The largest lease for Philadelphia office space signed in the fourth quarter 2014 was for Subaru of America’s new corporate headquarters in the Philadelphia market, according to a new report from the CoStar Group. Subaru signed the lease for 250,000 square feet of Philly office space in the Gateway Office Campus – Building 4 in… Read more »
Philly Office Space Fourth Quarter Construction, Deliveries, Inventory
The Philly office space market received, during the fourth quarter of 2014, two new office buildings totaling 343,850 square feet, according to the CoStar Group’s newest market trend report. This was in contrast to the third quarter 2014 when two buildings that add up to 219,036 square feet were finished in the Philadelphia office space… Read more »
Strong Demand for U.S. Office Space Expected through 2016
Demand for U.S. office space is predicted to continue at post-recession highs for two years, thanks to declining vacancy rates and rising rents in an increasing number of submarkets, a new report from the CoStar group says. A CoStar Portfolio Strategy analyst, reporting in CoStar’s State of The U.S. Office Market 2014 Review and Forecast,… Read more »
Philadelphia Office Space Vacancies Steady at End of Fourth Quarter
Vacancies for the Philadelphia office space market remained stable at year end 2014, finishing the fourth quarter at 10.8%, a new market trend report from the CoStar Group said. The fourth quarter’s Philly office space vacancy rate was the same as the third quarter’s vacancy rate, according to the CoStar Group’s Fourth Quarter 2014 Market… Read more »
Philly Office Space Deliveries, Construction and Inventory
The market for Philly office space saw two new office buildings totaling 219,036 square feet delivered in the third quarter 2014, according to the CoStar Group’s newest market trend report. This was down from the second quarter 2014 when nine building totaling 455,834 square feet were complotted in the Philadelphia office space market, CoStar said…. Read more »
Philly Office Space Vacancy Rate Steady at 11%
The vacancy rate for Philly office space remained steady in the third quarter 2014, ending the quarter at 11% for the Philadelphia office space market, according to a new market trend report from the CoStar Group. The vacancy rate was unchanged from the second quarter 2014, according to CoStar’s Third Quarter 2014 Market Report. Net… Read more »
