Newer retail properties built since 2010 have demonstrated unwavering resilience, with increasing occupancy recorded each quarter. Across Philadelphia, retailers continue to favor newer, higher-quality space, while older buildings struggle to retain tenants when the market softens.
In-demand newer retail properties outperform older competition
Vintage retail properties have harder time retaining tenants during downturns
CoStar Analytics
January 15, 2026 | 7:38 P.M.
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