KPMG Relocates To 97,000-SF Office At 1735 Market Street In Philadelphia | 1735 Market Street | Office | Lease

Summary

Lease

PENNSYLVANIA

Office

97,000 sqft

Silverstein Properties, led by Larry Silverstein, has leased a 97,000-square-foot office space located at 1735 Market Street in Philadelphia. The office space is part of an office building in the city's market area.

Summary of transation details

Property Type: Office
Transaction Amount: Not specified
Address: 1735 Market Street, Philadelphia
Market: Philadelphia
Square Footage: 97,000

KPMG, represented by Bill Thomas, is the tenant that will be occupying the office space. They are relocating to this new office at 1735 Market Street since their current lease agreement at 1601 Market St. will expire in June. It is worth noting that this lease is the largest new office lease in the region since Chubb's agreement to occupy a 438,000-square-foot office earlier this year. This lease agreement by KPMG will result in a notable vacancy at 1601 Market.

Details

Deal Summary

LEASED

IMAGE: Larry Silverstein & Bill Thomas DATE: 09/13/2023 ADDRESS: 1735 Market Street MARKET: Philadelphia ASSET TYPE: Office ~ SF: 97,000 LANDLORD: Silverstein Properties (@silversteinproperties) - Larry Silverstein TENANT: KPMG (@kpmg) - Bill Thomas NOTE: KPMG is relocating to a 97,000-square-foot office at 1735 Market St. in Philadelphia when its current lease at 1601 Market St. expires in June. This is the largest new office lease in the region since Chubb's agreement to occupy a 438,000-square-foot office earlier this year, leaving a notable vacancy at 1601 Market.

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Address1735 Market Street

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