News

Coming soon, two artists will install a bright fantasy Philadelphia cityscape in mosaic along about 500 square feet of one of the bleak white tiled walls. The new artwork is a Mural Arts Program ...
Centre Square, one of the largest multitenant office properties in Philadelphia, is up for a second loan extension as it bleeds occupants and potential value.
The exits from Centre Square have been fast and furious in recent years. Tenants that have left since 2020 include Willis Towers Watson (244,000 square feet), Comcast (90,000), Berwind (48,000 ...
As the 1.8 million-square-foot Centre Square remains in receivership, its owners negotiated a major reduction of its assessed value, dropping their property tax bill by more than 30%.
The two buildings that form Centre Square sit on top of the Market-Frankford Line's 15th Street Station, one of the most heavily trafficked in SEPTA's subway system.
The relocation would continue a trend of Center City law firms downsizing their space and deal another blow for Centre Square, which has been wrestling with increasing vacancy. In Philadelphia ...
Occupancy at Centre Square has also continued to fall off. Last year, law firm Dilworth Paxson agreed to relocate from 1500 Market Street to One Liberty Place, leaving 83,000 square feet behind ...
The building is perhaps best-known for the Claes Oldenburg sculpture of a clothespin on the plaza of the property's northwest corner facing Market Street at City Hall's Dilworth Plaza.