When it comes to being a great place to do business and attract talent, Philly works.

Center City offers 40 million square feet of high-performance office and coworking space; a smart, creative workforce; and a vibrant tech and life sciences scene. Pair that with a thriving, walkable and mixed-use downtown—rich with restaurants, riverfront trails, parks and sidewalk cafes—and you’ve got it all. Next door in University City you will find a robust center of innovation that’s home to top universities, medical and research institutions, and another 4.7 million square feet of space. So you never need to look far to find something that works for your workforce.

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Let Us Help You Find the Perfect Space. 

Top Reasons to do Business in Philly
 

We Have the Talent and the Space.

We’ve got a smart workforce built right in. Our top universities produce 90,000 graduates each year. Our medical and research institutions are national leaders in healthcare, doing cutting-edge research and generating a vibrant tech and life sciences scene.

Center City is home to 42% of Philadelphia jobs: 309,471 wage and salaried workers; 9,500 freelancers or those compensated as partners. 

We’re rich in talent, but our office spaces are surprisingly affordable. We have 40 million square feet of high-performance, healthy office buildings and 500,000 square feet of coworking space. We’re home to 21st-century offices and renovated industrial lofts, all available for a fraction of the cost.

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Accessibility

Just a 10- or 15-minute walk or bike ride from best-in-class office spaces are a dozen diverse and affordable downtown neighborhoods with new apartments, historic townhouses, luxury condos, gyms, parks, quality schools and hundreds of restaurants with award-winning local chefs. Subways, trolleys and buses expand neighborhood choices, while rail lines reach out to leafy green neighborhoods, both within the city and around it—most just a 30-minute trip from downtown.

More than 1 million regional workers live within one mile of a rail station with stops in both Center City and University City, giving employers easy access to a 360-degree labor market.

Along with easy rail and airline connects, you never have to go far to get where you’re going.


Quality of Life—in the Office and Out

Employees of Center City companies benefit from having an exceptional quality of life at a much lower cost of living. A Center City homeowner earning $131,578 (the average wage of an office worker in Philadelphia) would need to earn 36% more in Boston; 44% more in Washington, D.C.; and 115% more in New York City to enjoy the same standard of living. 

While you provide the office culture, we’ll provide an extraordinary range of museums and galleries; a vibrant downtown restaurant scene; and walkable, affordable neighborhoods too.

Recent Accolades:

  • The World's Greatest Places of 2021: 100 extraordinary destinations to explore - Time magazine
  • The Best Destinations in the World: The 2021 Gold List - Condé Nast Traveler
  • ​​Top U.S. City To Visit In 2020 - National Geographic
  • America's Next Great Food City - Travel + Leisure (2020)
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24-Hour Downtown

Center City is a thriving, 24-hour downtown with a wide range of vibrant urban living and entertainment choices. Almost $9 billion in major downtown developments have been recently completed or are currently in the pipeline. 

Center City has the second-largest downtown residential population in the country, behind only Manhattan. Among downtown residents, 60% have a bachelor’s degree or higher, rising to 78% in the central core.


Innovation Center

In 2020, Philadelphia ranked fourth nationally in NIH grants, attracting $1.1 billion for cutting-edge medical research. Combined research spending at Drexel, Temple, Thomas Jefferson and the University of Pennsylvania totaled $2 billion in 2018. And along with the Children’s Hospital of Philadelphia, those institutions applied for 391 patents.

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Let Us Help You Find the Perfect Space

We can help by learning more about what works best for you. To learn more about local Philadelphia trends, demographics and business resources, please fill out the form below. Our Manager of Economic Development, Lauren Smith, will contact you promptly and you will receive a downloadable copy of our annual report, State of Center City 2021. Or contact Lauren Smith directly at 215.440.5553 or lsmith@centercityphila.org.

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Center City Commercial Office Brokers

Brandywine Realty Trust
Matt Croce, Vice President, Leasing   
Matthew.Croce@bdnreit.com     
O: 1+ (215) 656-4463       
C: 1+ (610) 761-0200    
Specialty: Office, Life Science/Lab, Mixed-Use 

Brickstone Companies 
Mark Merlini, Partner  

mmerlini@brickstoneco.com    
O: 1+ (215) 972-1550    
C: 1+ (215) 837-0894        
Specialty: Office, Retail and Multi Family, Leasing and Development

CBRE, Inc 
Les Haggett, First Vice President    
les.haggett@cbre.com    
O: 1+ (215) 561-8361    
C: 1+ (215) 756-6603    
Specialty: Advisory and Transaction Services

Colliers International
Doug Sayer, President & CEO    
Douglas.Sayer@colliers.com    
O: 1+ (215) 925-1040        
C: +1 (215) 928 7515
Specialty: Office

Cushman & Wakefield of Pennsylvania, Inc.    
Mike McCurdy, Managing Principal    
mike.mccurdy@cushwake.com    
O: 1+ (215) 963-4042        
Specialty: Office

JLL    
Tom Weitzel, Managing Director 
   
tom.weitzel@am.jll.com    
O: 1+ (215) 399-1840    
C: 1+ (267) 505-5755    
Specialty: Central Business District Office 

Keystone Property Group 
Jake Fruncillo, Leasing Director 
   
jfruncillo@keystonepropertygroup.com   
O: 1+ (610) 382-5233        
Specialty: Commercial, Residential and Retail Spaces

Newmark    
Jack Soloff Jr., Senior Managing Director  

Jack.Soloff@nmrk.com    
O: 1+ (215) 246-2764
C: 1+ (215) 805-7545        
Specialty: Office

Nightingale Properties
Brenton Hutchinson, Vice President of Property Management
BHutchinson@TheNGgroup.com
O: 1+ (215) 399-2724
Specialty: Office and Retail

Savills Studley    
Hether Smith, SVP, Branch Manager    

hsmith@savills.us    
O: 1+ (215) 563-4000    
C: 1+ (215) 264-5750        
Specialty: Tenant Representation

SSH Real Estate    
Pete Soens, Founding Partner    

psoens@sshco.com    
O: 1+ (215) 825-1510        
Specialty: Office

Stockton Real Estate Advisors    
James Paterno, Founder    

jpaterno@stocktonrea.com    
O: 1+ (215) 636-4440    
C: 1+ (215) 840-1930    
Specialty: Direct Investment and Landlord and Tenant Advisory

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