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Proposed Sale of Philadelphia's 1500 Market Street Falls Apart
A proposed sale of a Philadelphia office property at 1500 Market Street has failed to close.
OfficePhiladelphiaPennsylvania
Updated 27 days ago
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A proposed sale of a Philadelphia office property at 1500 Market Street has failed to close.
The growing shipbuilding industry in Philadelphia's Navy Yard is getting a boost from the world's largest bank.
S3 Capital provided a $24 million construction loan to Ampere Capital Group for a six-story, 109-unit mixed-use multifamily project with 14,500 square feet of retail space at 1640 North Hancock Street in Philadelphia's Fishtown neighborhood. The 122,804-square-foot development, designed by HDO Architecture and comprising studios, one- and two-bedroom apartments, is slated for completion in late 2027.
PAOLI, Pa. — Berkadia has brokered the sale of Daylesford Crossing, a 78-unit assisted living and memory care community located 25 miles west of Philadelphia in the suburb of Paoli. Dave… The post Berkadia Brokers Sale of 78-Unit Assisted Living, Memory Care Community in Metro Philadelphia appeared first on Seniors…
More than six years after the pandemic cratered demand for greater Philadelphia office space, the region’s construction pipeline has officially hit zero. The delivery of Chubb’s long-awaited 438K SF build-to-suit space at 2000 Arch St. last quarter...
CHICAGO and PHILADELPHIA — A joint venture between Bain Capital and Capitol Senior Housing has sold a 344-unit senior living portfolio located in the Chicago and Philadelphia metros. The portfolio comprises… The post Joint Venture Sells 344-Unit Portfolio in Metro Chicago, Philadelphia appeared first on Seniors…
Colliers' quarterly office market report for Pittsburgh covering regional sector statistics, insights, and trends.
Colliers' quarterly retail market analysis for Pittsburgh covering sector statistics, insights and regional trends.
Colliers' quarterly industrial market report covering Pittsburgh regional sector statistics, insights and trends.
NAIOP's winter issue examines power availability constraints in commercial real estate development, Philadelphia's Navy Yard transformation, and office market dynamics.
WEST CHESTER, Pa. — Charter Senior Living and Paradise Management have broken ground on a new senior living development in West Chester. Upon completion, the community, Charter Senior Living of West… The post Charter Breaks Ground on 162-Unit Development in West Chester, Pennsylvania appeared first on Seniors…
This is a first-quarter 2026 data report on Pittsburgh office market figures published by CBRE, with geographic scope including Pittsburgh, Pennsylvania, and national comparisons.
This is a market report on the Pittsburgh office sector published by Colliers in Q1 2026, covering office market conditions in Pittsburgh, Pennsylvania with reference to broader geographic contexts including Philadelphia and national markets.
This is an industrial real estate market report published by Colliers in March 2026 covering the Pittsburgh market with references to Pennsylvania, Philadelphia, and national geographies.
Cushman & Wakefield's Q1 2026 New Jersey office market report documents overall vacancy at 21.8% (50 basis points below year-ago levels), asking rents at $32.43 per square foot, and 371,986 square feet of negative absorption during the quarter, with Class A properties commanding an 11.5% premium and accounting for 59.7% of leasing volume. The state's labor market remained stable at 4.6 million jobs with education and health services posting 3.5% year-over-year growth, while Northern New Jersey vacancy declined 140 basis points year-over-year to 21.3% and Central New Jersey vacancy rose 80 basis points year-over-year to 22.5%, with demand concentrated in well-located, transit-accessible high-quality office buildings reflecting an ongoing flight-to-quality trend.
This is a data figures report published by CBRE on December 31, 2025, covering the office sector in New Jersey and related markets including Northern New Jersey, Philadelphia, New York, and national comparisons for the fourth quarter of 2025.
This is a data-figures report published by CBRE on March 31, 2026, presenting first-quarter 2026 figures for the life sciences sector in Philadelphia, Pennsylvania.
This is a data report published by CBRE in March 2026 presenting office sector figures for Philadelphia in the first quarter of 2026. The report covers the Philadelphia office market with reference to national data.
The Q1 2026 Cushman & Wakefield MarketBeat report analyzes the suburban Philadelphia office market, finding a diverged market with the Schuylkill Corridor maintaining tight 11.4% direct vacancy while Primary and Secondary markets remained above 20.5%, and documenting 248.6K square feet of negative year-to-date net absorption against an overall 22.0% vacancy rate and asking rent of $28.33 per square foot. Key lease transactions included Saint-Gobain Corporation's 321,226 square foot renewal at 20 Moores Road in the Southern Route 202 Corridor, and the report identified over 1.7 million square feet of financially distressed assets representing 14.4% of all suburban vacant space.
The Philadelphia industrial market recorded a 10.8% overall vacancy rate and $12.86 asking rent per square foot in Q1 2026, with year-to-date net absorption of 2.4 million square feet representing 76.8% growth year-over-year, driven by strong leasing activity across Burlington and Lower Bucks Counties. Regional employment grew 1.4% year-over-year despite the unemployment rate rising 70 basis points to 5.0%, and the market's construction pipeline continued to contract to 2.2 million square feet under development as asking rents are expected to remain steady through the first half of 2026.
This is a first-quarter 2026 industrial sector market data report published by CBRE covering the Philadelphia, Pennsylvania market.
Philadelphia's Central Business District office market showed a 20.4% vacancy rate and negative year-to-date net absorption of 273,087 square feet in Q1 2026, with leasing dominated by renewals (235,000 sf) over new leasing (120,000 sf), reflecting tenant preference for right-sizing in higher-quality space. Trophy assets demonstrated pricing resilience with asking rents $10–$18 per square foot above Class A properties and vacancy below 10%, while Class A and Class A- segments faced persistent headwinds from distressed properties and over 300,000 square feet of newly identified conversion candidates.
Greater Philadelphia's office market ended 2025 with vacancy at 21.8% after rising 150 basis points year-over-year, though net absorption improved to only slightly negative as leasing momentum increased. Class A rents grew 4.2% annually driven by trophy asset demand, while sublease availability stabilized and asking rents recorded three consecutive quarters of gains.
Greater Philadelphia's industrial market weakened further in 2025 as new supply outpaced absorption, pushing vacancy to 8.7%, the highest level in two years. Despite softer fundamentals, leasing activity reached 22.0 million square feet for the year, a two-year high, with Class A properties capturing 40.9% of volume despite representing only one-third of inventory. Development slowed significantly to a five-year low of 4.9 million square feet under construction, while asking rents rose 6.2% annually to $11.90 per square foot.
This is a Q1 2026 multifamily data report published by CBRE covering the Philadelphia metropolitan area. The report presents figures on the multifamily sector for the first quarter of 2026.
This is a data and figures report published by CBRE on December 31, 2025, presenting fourth-quarter 2025 multifamily market figures for Philadelphia. The report covers the multifamily residential sector in the Philadelphia, Pennsylvania market.
This is a market report published by Berkadia in September 2025 covering the multifamily sector in the Philadelphia metropolitan statistical area. The report presents Q3 2025 data and analysis for the residential rental property market in that region.
This is a market report published by Newmark in September 2025 covering the multifamily sector across mid-Atlantic and national markets, with specific focus on Washington DC, Philadelphia, and Boston.
EAST BRUNSWICK, N.J. — A joint venture between National Development and an affiliate of Benchmark Senior Living is currently underway on the development of a new community in East Brunswick. Upon… The post National Development, Benchmark Underway on 87-Unit Community in New Jersey appeared first on Seniors Housing…
The key reports this week are December CPI, Existing Home Sales and November Retail Sales. Also, New Home Sales for September and October will be released. For manufacturing, the December Industrial Production report and the January New York and Philly Fed manufacturing surveys will be released. …
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The Philadelphia edition reviews local office leasing activity, availability and asking rents for the first quarter of 2026.