Brenda Nguyen

<html><head></head><body><div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>Philadelphia&#x2019;s medical office market &#x2014; long considered one of the more resilient commercial real estate segments &#x2014; shows signs of tension in 2025. After years of outperforming traditional office properties, the sector is experiencing a contraction in demand.</p></div></div></body></html>

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Philadelphia’s medical office market — long considered one of the more resilient commercial real estate segments — shows signs of tension in 2025. After years of outperforming traditional office properties, the sector is experiencing a contraction in demand.

Vacancy rises as healthcare consolidations restrain new demand 

Medical office demand slips further across Philadelphia

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This article was originally published on <a>Homes.com</a>.

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

The CoStar Power Broker Awards recognize the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction are singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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Medical office demand slips further across Philadelphia

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