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Storefront occupancy is rising in key corridors. Occupancy ticks down due to major brands contracting nationwide, but growth continues on Walnut Street and East Market corridors.
Our year-end 2024 Center City Retail Report pulls together the latest data on retail occupancy, demand, and leasing activity and explores emerging trends and opportunities that will shape Center City’s retail landscape in the coming years.
Center City’s transformation into a 24-hour downtown is reflected in its burgeoning retail scene, with residential, convention and tourism growth expanding beyond the historic customer base of office, education and health care employees and students.