Market

Our Philadelphia office supports a tri-state area encompassing Southeastern Pennsylvania, Southern New Jersey, and Northern Delaware.  A satellite office in Princeton, New Jersey complements the Philadelphia office.  These offices offer an experienced professional staff with expertise and focus on each of the regions submarkets.  The stabilization and recovery of the region's various submarkets still remain fragmented, and understanding these differences is crucial to making a prudent real estate decision.  Presently, market conditions favor tenants — but the stabilization of rents is beginning to make landlords optimistic about the future.  The Philadelphia and Princeton Tenant’s Guides are available to you to reference current market specifics such as average rental and vacancy rates.

The Philadelphia Metropolitan Area is diverse in the companies that locate here.  Major industries in the region include healthcare, education, insurance, legal, pharmaceutical, biotech and financial.  The existing market product is well positioned to support any needs in the office, R&D and industrial/distribution sectors.

The Philadelphia/Princeton offices are led by principals with an average experience in excess of 15 years in the discipline of tenant representation.  They and their dedicated staff have successfully developed and implemented proven solutions for the firm’s clients in the Philadelphia region, saving them between 15-25% on real estate costs.

Company

Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Strategic Planning, Workforce and Location Planning, Subleases and Dispositions, Portfolio / Lease Administration, Capital Markets, Sustainability, Industrial / Supply Chain and Facilities Management. With more than 55 offices, Cresa is the largest tenant representation firm in North America. Through its alliance with Savills, one of the world's largest commercial real estate services firms, Cresa covers more than 255 locations in 40 countries.