Family Office Briefing on research byNewmark·Nov 5, 2025
Philadelphia Office Market Report 3Q25
Greater Philadelphia office market shows signs of resilience despite negative absorption in 3Q25 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Unemployment Rate | 5.1% |
| Payroll Employment Growth | 1.9% |
| Office-Using Employment Growth | 2.0% |
| Negative Net Absorption | 95,983sq ft |
| Asking Rents | 32.06$/sq ft |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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