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This landlord is using a loan extension to revamp its Philadelphia office building

Accesso Partners gets wiggle room for Center City tower
Occupancy at the 1515 Market St. tower in Center City Philadelphia has steadily declined in the years since the pandemic. (CoStar)
Occupancy at the 1515 Market St. tower in Center City Philadelphia has steadily declined in the years since the pandemic. (CoStar)
CoStar News
September 30, 2025 | 9:38 P.M.

The landlord behind a Center City Philadelphia office tower has gotten a bit of wiggle room to deal with dwindling occupancy rates in the shape of a loan extension, as owners tap renovation projects to better position their properties during the national office market recovery.

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News | This landlord is using a loan extension to revamp its Philadelphia office building