The Philly office space market saw the completion of five new office buildings totaling 131,624 square feet in the first quarter of 2014, according to a new market trend report just released by the CoStar Group.  In comparison, deliveries in the Philadelphia office space market in the fourth quarter 2013 totaled 457,209 square feet in… Read more »

The vacancy rate for the Philly office space market increased in the first quarter 2014, ending the quarter with a Philadelphia office space vacancy rate of 11.2% , according to a new market trend report from the CoStar Group. The vacancy rate rose over the previous quarter, the report said, with net absorption totaling negative… Read more »

The select top office lease signed during the fourth quarter 2013 in the Philly office space market was at 1801 Augustine Cut-Off in the North New Castle County submarket, according to a market trend report from the CoStar Group.  The landlord for this 190,823-square-foot deal in the Philadelphia office space market was represented by Capano… Read more »

The Philly office space market grew by 374,040 square feet in the fourth quarter 2013 with the completion of five office buildings in the Philadelphia market area, according to a new market trend report from the CoStar Group. In comparison, four buildings totaling 24,500 square feet of Philadelphia office space were completed in the third… Read more »

The Philly office space vacancy rate declined in the fourth quarter 2013, ending the quarter with a Philadelphia office space vacancy rate of 11.2%,  according to a new market trend report from the CoStar Group. The vacancy rate for office space in Philadelphia was down over the previous quarter, the report said, with net absorption… Read more »