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1735 Market Street

RSM US LLP Signs 22,340 Square Foot Office Lease At 1735 Market Street Philadelphia
LEASEDOffice

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

Keith Cody

Silverstein Properties

Broker

8 deals

Broker
Newmark
NewmarkBrokerage
Silverstein Properties
Silverstein PropertiesLandlord
RSM US
RSM USTenant

Philadelphia Office Market Snapshot

Boundary boundary · Office · Lease transactions

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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