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As Retail Rents Flourish in Philadelphia’s Suburbs, Center City Stalls

Philadelphia’s Downtown Annual Retail Rent Growth Averaged -1%
CoStar Analytics
August 24, 2023 | 2:11 P.M.

As Philadelphia's premier suburban retail districts continue to see strong interest from retailers and corresponding rent growth, retail locations in Center City's downtown districts have seen average rents decline in the past year.

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