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.
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.
