Posts Tagged: Philly commercial real estate brokerage firm

Center City Outperforms the Suburbs as Philadelphia’s Office Market Enters 2020

Philadelphia’s office market rounded out a great year in 2019, with vacancies holding near 20-year lows, and rent growth clocking in at 4%. But beneath the market level statistics, a noticeable divide in performance between Center City and the suburbs exists. Urban core submarkets, including University City and Market Street West, remain well tied to emerging industries that drive… Read more »

Well-Located Philly Office Space for Sale or Lease in Abington

Wolf Commercial Real Estate, a leading Philly commercial real estate brokerage firm that specializes in Philly commercial real estate listings and services, is now offering well-located office space in Philly for sale or lease at 1021 Old York Road Abington PA. Ideal for professional office or medical use, this Philly office space for sale or… Read more »

Another Navy Yard building trades for $61.2M

As part of its divestment in office properties, Liberty Property Trust has closed on the sale of a building that houses Axalta Coating Systems Ltd.’s Global Innovation Center at the Philadelphia Navy Yard for $61.2 million. Apex Capital Management, a subsidiary of Dimah Capital of Kuwait, bought the building at 1050 Constitution Ave. The sale… Read more »

Freestanding Philly Office Space for Lease in Audubon

Wolf Commercial Real Estate, a premier Philly commercial real estate brokerage firm with expertise in Philly commercial real estate listings and services, is now offering freestanding Philly office space for lease at 904 Jefferson Avenue Audubon PA. The shell space at this Philly professional office space for lease enables a custom tenant fit-out. This professional… Read more »

Highly Visible Philly Office Space for Sale or Lease in Abington

Wolf Commercial Real Estate, a leading Philly commercial real estate brokerage firm with expertise in Philly commercial real estate listings and services, now has available highly visible Philly office space for sale or lease at 1021 Old York Road Abington PA. This well-located office space in Abington PA is in a free-standing building and the… Read more »

Architectural firm moving HQ to Center City

Formcraft, an architectural firm based in Delaware County, has decided to relocate its headquarters to Philadelphia and bring a total of 31 jobs to the city. The move comes after the company opened a Philadelphia satellite office in 2016 in 2,800 square feet at 1515 Market St. “Our goal at that point was to get… Read more »

Philly Office Space for Lease at 6712-6714 Rising Sun Avenue

Wolf Commercial Real Estate, the leading Philadelphia commercial real estate brokerage firm that specializes in Philly commercial real estate listings and services, is offering well-located Philadelphia office space for lease at 6712-6714 Rising Sun Avenue Philadelphia PA. The asking lease price for this office space in Philly is $24.00 sf NNN. This Philadelphia office space… Read more »

Philadelphia’s Market Street West Vacancies Near 10-Year Low

CoStar Market Insights: Center City Philadelphia’s Minimal New Office Construction and Rising Rents Have Local Office Owners in a Comfortable Position Heading Into Late 2019 Philadelphia’s largest office submarket, Market Street West, wrapped up the second quarter in good health. As cited in the latest Market Street West video update, the submarket’s vacancy rate is… Read more »

Center City Coworking Leasing Hits All-Time High in 2019

CoStar Market Insights: Philadelphia Office Fundamentals Are Benefiting As Growing Coworking Operators Move Into This Market for the First Time This week, San Diego-based flexible workspace provider CommonGrounds announced its 62,461-square-foot lease at Shorenstein’s 1700 Market, with the new location scheduled to open by the first quarter of 2020. When CommonGrounds opens the facility, it will be Center City… Read more »