Philadelphia Office Sector Report (Q3 2016) (PDF)

Savills Studley Reports - Q3 2016 (Philadelphia)

While firms continue to face rising asking rents and construction costs they can still find multiple relocation options in most suburban office markets and in Center City. These options provide tenants competition and leverage in their negotiations. As they evaluate their real estate options, tenants are considering workplace strategy-asking how they can optimize their space with changes in technology, and in light of how workers are currently and will be utilizing their space in the future.


Five Reasons To Believe in Philadelphia

Economic Pulse - 04/29/15 (Philadelphia)

Here are five reasons that the pace of Philadelphia’s recovery may be poised to accelerate, benefiting not only the office market, but the residential, retail and hospitality sectors as well.


How One Philadelphia Building Owner is Playing High Stakes Monopoly

Savills Studley Insights - 05/01/14 (Philadelphia)

The Monopoly board that makes up Philadelphia’s trophy office inventory has witnessed a dramatic shift in market fundamentals over the last ten years...


Philadelphia SERI Report (2016) (PDF)

As new construction approaches delivery and some tenants relocate, they will leave behind bigger blocks of space. These shifts should generate additional opportunities for tenants as the market gets closer to 2017.


National SERI Report (2016) (PDF)

For the fifth straight year, tenants faced higher effective rent for premium Class A space in nearly all major U.S. CBDs. A distinguishing factor in 2015 was the acceleration of rental rate growth in many of the "late recovery" markets such as Atlanta, Chicago, and Los Angeles.


Philadelphia Retail Snapshot Q1 2015 (PDF)

The Philadelphia retail market (Neighborhood & Community Shopping Centers) ended Q1 2015 with a vacancy rate of 9.7%. The rate increased from the previous quarter’s rate of 9.3% and increased from the rate one year ago (9.5%). Neighborhood Shopping Centers reported a vacancy rate of 10.7% for the quarter, which increased from the rate of 10.0% twelve months ago. Meanwhile, Community Shopping Centers reported a vacancy rate of 8.9% for the quarter, which decreased from the rate of 9.1% twelve months ago.


Market Statistics, Philadelphia, 2015 4Q (Google Earth .kml format)
An interactive geographic file, viewable in Google Earth, containing current submarket statistics, market overview, and a link to the current quarter's Studley Report.  Requires Google Earth to view - available for free here
Market Boundaries - Philadelphia (Google Earth .kml format)
An interactive geographic file, viewable in Google Earth, containing market and submarket boundaries as used in the Studley Report.  Requires Google Earth to view - available for free here
Market Boundaries - Philadelphia (PDF)
PDF map showing definition of market boundaries as used in reports
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