Quarterly Market Update Q1 2026

This newly released Quarterly Market Update Q1 2026 looks at the ever-shifting dynamics in Center City’s office market. The report brings together building performance with the latest information on foot traffic and retail offerings within the West Market Office District to provide a holistic look at both the economic environment and the on-street experience for Center City workers.

3 Key Takeaways:

• Expansions continue to absorb high-quality space
  Trophy vacancy continues to tighten as a result

• Current office occupancy 78.2%
  Steady since last quarter
• Major employers are taking note of talent
  Center City’s role as young talent aggregator driving activity

To learn more about these trends, and to view and download the full report see below.