Posted Aug 10, 2019, 11:48 AM
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Join Date: Apr 2004
Posts: 1,575
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West Market Street business district gobbled up Comcast Tech Center and is ready for more real estate | Inquirer.comCenter City’s West Market Street business district has easily absorbed the one million-plus square feet of new corporate space comprising Comcast Corp.'s new tech tower, easing concerns that large blocks of vacancy would result from the company’s relocation of employees from surrounding buildings.
Over the 5½ years that the 60-story Comcast Technology Center tower has been in planning and under construction, vacancy rates in the central Philadelphia enclave between Broad Street and the Schuylkill have held steady, while rents have crept up to record highs, according to data from global brokerage Cushman & Wakefield PLC.
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