Family Office Briefing on research bySavills·Feb 2, 2024
Philadelphia 2023 Q4 Office Report
Philadelphia office leasing activity totaled 975,705 square feet in Q4 2023 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Leasing Activity | 975,705sf |
| Overall Availability Rate | 24.5% |
| Sublease Availability Rate | 5.1% |
| Average Asking Rent | 31.40$/sf |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Savills
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