.jpg)
Philadelphia Q2 2025 Office Market Report
"Law firms make up half of mid-year’s top deals"
We pride ourselves on our in-depth commercial real estate research. Our specialist teams offer insight into current market trends and predictions for the future to help you make the right real estate decisions.
.jpg)
"Law firms make up half of mid-year’s top deals"
.jpg)
"Leasing activity remains the second-highest since the pandemic"
.jpg)
"Puget Sound leasing picks up momentum following slow start to 2025"
.jpg)
"Sublease supply shrinks, but large blocks remain available"
.jpg)
"Legal sector activity boosts leasing volume, as the market inches towards a recovery"
.jpg)

"Law firm leasing activity saw a strong start in Q1 2025, reflecting steady demand and reaffirming the sector’s consistent influence in the office market."

"We are pleased to release the latest State of the U.S. Office Market. This quarterly presentation provides key metrics on office leasing and the current state of the capital markets within the sector."
.jpg)
"We’re pleased to share the latest State of the U.S. Industrial Market, our quarterly report featuring key insights on industrial real estate supply, demand and pricing."
.jpg)
"Vacancy continues to climb, reaching 13.6% in Q1 2025. This increase in vacancy is due to the significant amount of new supply coming online, with the market seeing 4.9 million square feet (msf) delivered in Q1 2025. Given the construction pipeline of over 13.0 msf, vacancy is expected to remain elevated in the near term."