1801 Market Street

Jones Lang LaSalle Americas (“JLL”)  has been retained on an exclusive basis to arrange the sale of 1801 Market (the “Property”), which is located in the highly sought-after Market West section of the Philadelphia Central Business District. The Property is comprised of 674,468 square feet of centrally located office and prime ground-level retail space, allowing a potential investor the rare opportunity to acquire critical mass in an unmatched amenity-rich infill Philadelphia location. Standing 27 stories tall, 1801 Market boasts efficient floor plates and state-of-the-art systems and infrastructure, rivaling the top Class A buildings in the Philadelphia market. Furthermore, there are exciting possibilities for amenity-based enhancements that can significantly increase effective rental rates leading to exceptional returns for investors.

The Property’s location on the corner of 18th and Market Street provides prime Market Street frontage while the rear of the Property directly faces Comcast’s 3 million square foot campus which continues to act as an submarket growth generator to which 1801 Market is a direct beneficiary. 1801 Market’s strategic positioning enables the Property to continue benefiting from positive leasing trends within the submarket. With current occupancy at approximately 65%, investors possess a unique opportunity to enhance the Property’s value through an aggressive leasing campaign to align physical occupancy and rental rates with its Class A competitors in the highly desirable Market street corridor.