Newmark：2025年第二季度费城办公楼市场报告（英文版）

During the second quarter of 2025, leasing activity totaled approximately 1.3 million square feet, which is below the five-year quarterly average of 1.9 million square feet. This represents a softer start to the year compared to recent historical trends. During the second quarter, the Greater Philadelphia market experienced negative net absorption of 177,694 square feet. Conshohocken and Bucks County emerged as the most active submarkets for space absorption this quarter, recording total net