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Philadelphia's largest office complex could be converted to different uses after foreclosure

CBRE prepares to list complex with residential, hospitality overhaul potential
The value of the two-tower office complex at 1500 Market St. in Philadelphia's City Center has dropped by about 80% in recent years. (CoStar)
The value of the two-tower office complex at 1500 Market St. in Philadelphia's City Center has dropped by about 80% in recent years. (CoStar)
CoStar News
August 21, 2025 | 9:10 P.M.

Philadelphia's largest office property is prepared to hit the market as a potential conversion play, a move that could boost the future for the complex that has seen its valuation and occupancy plummet.

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