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Family Office Briefing on research bySavills·Apr 28, 2023

Philadelphia 2022 Q4 Market Report

Philadelphia office market sees rising availability and asking rents in Q4 2022 — family offices should consider co-GP opportunities with disciplined operators.

PhiladelphiaPennsylvania2022

Key Metrics

MetricValue
Availability Rate22.7%
Asking Rental Rate31.52$/SF
CBD Asking Rental Rate37.26$/SF
Quarterly Leasing Activity1.5MSF
Available Sublease Space5.5MSF

Metrics extracted from the source report and independently fact-checked. Method →

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