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Philadelphia Office Market Struggles to Recover

Posted by Admin on May 7, 2023
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The City of Brotherly Love has no love for commercial real estate. Office occupancy in Greater Philadelphia has contracted by nearly 10 million square feet since 2019, the Philadelphia Inquirer reported, citing data from CBRE. Hybrid work models and remote work have cut significantly into the market. “The downtown market is beat up right now […]

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