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Philadelphia retail rent growth falls behind national peers

Outdated inventory and tepid population gains are behind underperformance
CoStar Analytics
September 25, 2025 | 1:41 P.M.

Philadelphia's retail market has struggled to keep pace with other major U.S. markets in rent growth. In the third quarter, the Philadelphia metropolitan area ranked 13th out of the top 15 retail markets for asking rent growth.

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News | Philadelphia retail rent growth falls behind national peers