Updated Sep 11, 2026
Fox Rothschild Signs 15-Year Lease For 79,337 SF Office Space At 2001 Market Street In Philadelphia
2001 Market St Philadelphia, PA 19103, USA
$33
$33/SF
Building Size
79,337 SF
Asset Type
Office
Closing
Jul 7, 2023
About this deal
AI
Law firm Fox Rothschild is moving its Philadelphia office to 2001 Market St., signing a 15-year lease for 79,337 square feet. The firm will be leasing the property at an asking rent of $33.21 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not mentioned
- Address: 2001 Market Street
- Market: Philadelphia
Todd Rodriguez, a representative from Fox Rothschild, played a key role in negotiating the 15-year lease for the new office space. The move is part of the firm's optimization strategy, as it aims to reduce its footprint and improve operational efficiency. Fox Rothschild currently has a lease at its current location that runs through 2025.
On the Map
$33
$33/SF
Office
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
480696.97%
Cash-on-Cash
-137384.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93