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Philly Leads Nation's Office Recovery - Wolf Commercial Real Estate

Summary by Wolf Commercial Real Estate | South Jersey | Philadelphia PA
Philadelphia stands out as the most stable office market among the 15 largest U.S. markets heading into spring, with a year of occupancy gains bringing its office availability rate to 14.1%, the lowest in the nation, just ahead of Minneapolis at 14.2%. While most major markets struggle with rising vacancies, Philadelphia is one of only three experiencing positive absorption—more space occupied than vacated—alongside Dallas-Fort Worth and New Yor…
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Wolf Commercial Real Estate | South Jersey | Philadelphia PAWolf Commercial Real Estate | South Jersey | Philadelphia PA

Philly Leads Nation's Office Recovery - Wolf Commercial Real Estate

Philadelphia stands out as the most stable office market among the 15 largest U.S. markets heading into spring, with a year of occupancy gains bringing its office availability rate to 14.1%, the lowest in the nation, just ahead of Minneapolis at 14.2%. While most major markets struggle with rising vacancies, Philadelphia is one of only three experiencing positive absorption—more space occupied than vacated—alongside Dallas-Fort Worth and New Yor…

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Wolf Commercial Real Estate | South Jersey | Philadelphia PA broke the news in on Monday, March 31, 2025.
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