Posts Tagged: rents

Philadelphia Suburbs Retail Rents Flourish but Not for Center City

As Retail Rents Flourish in Philadelphia’s Suburbs, Center City Stalls

As Philadelphia’s premier suburban retail districts continue to see strong interest from retailers and corresponding rent growth, retail locations in Center City’s downtown districts have seen average rents decline in the past year. The Market West, Market East and Independence Hall retail districts—all located in Center City—have decreased between -1.5% and -0.9%, falling behind the… Read more »