The region boasts more than 11 million square feet of life sciences real estate backed by world-renowned academic institutions and VC clusters.
Medical tech represents a major growth opportunity, as anchor institutions develop new buildings and incentive programs.
Market East remains the hottest submarket for rental rate growth year-over-year in the CBD while Plymouth Meeting/Blue Bell sees major suburban quarterly growth.
Inbound demand and organic growth mean limited blocks of quality space in near future.
JLL's Philadelphia office achieves first CBD Platinum Certification for LEED® Commercial Interiors.
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