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The relocation would continue a trend of Center City law firms downsizing their space and deal another blow for Centre Square, which has been wrestling with increasing vacancy. In Philadelphia ...
Michael Potter By Jeff Blumenthal – Senior Reporter, Philadelphia Business Journal Apr 11, 2024 Preview this article 1 min ...
The “extend-and-pretend” era could be coming to a close in the Philadelphia office sector with two hulking Center City properties set to hit the market. Centre Square, a distressed building at ...
The exits from Centre Square have been fast and furious in recent years. Tenants that have left since 2020 include Willis Towers Watson (244,000 square feet), Comcast (90,000), Berwind (48,000 ...
Last year, law firm Dilworth Paxson agreed to relocate from 1500 Market Street to One Liberty Place, leaving 83,000 square feet behind. Saul Ewing is set to exit 111,000 square feet next year.
The move represents a 40% downsize, according to the Philadelphia Business Journal, but the firm moved, in part, due to concerns about the viability of Centre Square’s future.