The city is attracting highly skilled labor faster than Boston, Seattle or San Jose
It’s easy to feel like the Philadelphia CBD is swelling; new construction, competitive parking, and traffic congestion might be frustrating, but they also tell a story of a booming city. While census data tell us that Philadelphia’s modest growth is due more to rising birth rates than relocation, we know that Center City’s population is increasing, especially east… Read More
It’s up, up, and away in the Philadelphia CBD with office rents on the rise and absorption turning positive.
The new year started quietly in Center City with leasing activity down but absorption trending upward into positive territory. (At the time of this post, clocking in at 46,594 SF.)
Notably, Q1 was… Read More