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Investment capital returning to Philadelphia's medical office sector

30% jump in sales volume points to improving investor confidence despite a soft leasing environment
An out-of-state private investor acquired 2800 Kelly Road for $17.5 million in one of the highest-valued medical office transactions in recent years. (CoStar)
An out-of-state private investor acquired 2800 Kelly Road for $17.5 million in one of the highest-valued medical office transactions in recent years. (CoStar)
CoStar Analytics
June 11, 2026 | 6:32 P.M.

Philadelphia’s medical-office investment market is showing early signs of recovery in 2026, even as leasing activity remains under pressure.

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