KPMG will add another full floor at 1735 Market Street as the firm responds to rising client needs and growing in-office activity. Office attendance in Philadelphia has increased 56% since 2023, and demand continues to climb.
The expansion will increase KPMG’s footprint by 25%. The firm will grow from 97,000 square feet to 122,000 square feet. This move reverses last year’s decision to shrink its office space by 38% when it relocated from 1601 Market Street to 1735 Market in June 2024.
KPMG currently subleases the third, fourth, and sixth floors from WTW (formerly Willis Towers Watson), which relocated to 1900 Market Street. However, this new agreement marks a shift. KPMG has now signed a direct, long-term lease with building owners Silverstein and Arden Group for the seventh floor.
The firm did not disclose the exact lease duration, although it confirmed the term aligns with the existing sublease period.
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