RSM US LLP Signs 22,340 Square Foot Office Lease At 1735 Market Street Philadelphia
1735 Market Street
Building Size
22,340 SF
Asset Type
Office
Closing
Mar 19, 2026
AI
The transaction involves a 22,340-square-foot office lease at 1735 Market Street located in Philadelphia. This property is part of a 1.3 million-square-foot tower situated in a key market area.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1735 Market Street
- Market: Philadelphia
- Landlord: Silverstein Properties
- Tenant: RSM US LLP
- Landlord's Representative: Gordon Hough - Cushman & Wakefield & Keith Cody
- Tenant's Representative: Newmark & Cushman & Wakefield
RSM US LLP has relocated to occupy the entire 21st floor of the tower, co-represented by Newmark and Cushman & Wakefield in this transaction. Silverstein Properties represented itself as the landlord in the lease agreement.
Players
Philadelphia Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93