1. How can you get in on the city's largest projects like Schuylkill Yards?
2. Why isn't millennial demand the driving factor behind multifamily development?
3. Will retail remain to be one of Philly's most important asset classes in 2018?
4. How can the downtown office market regain strength, and how can you seize the opportunity in its growth?
5. Is there too much supply in the pipeline for multifamily, office and retail demand?
1818 Market Street was acquired by Shorenstein Properties in April 2015. The Property is located in Philadelphia’s Market Street West submarket – a popular destination for office tenants, young professionals, residential developers, and retailers. The Property’s prime location, efficient floor plates, high ceiling heights, impressive window lines, and above-standard parking, make it one of the few buildings in downtown that has the flexibility to attract traditional tenants, while also offering the ability to create open plan, collaborative work space.
Shorenstein Properties is one of the country's oldest and most respected real estate organizations active nationally in the ownership and operation of high-quality office properties.
|7:30 AM - 8:30 AM||
Breakfast, Coffee & Networking
|8:30 AM - 9:05 AM||
State of Philadelphia Supply
What Factors are Impacting Creation and Delivery of Development?
|9:05 AM - 9:40 AM||
State of Philadelphia Demand
Developments Driving & Strategies to Increase Interest in Philly
|9:40 AM - 10:00 AM||
Bruce Toll, Co-Founder, Toll Brothers, Principal, BET Investments Bart Blatstein, President & CEO, Tower Investments
|10:00 AM - 10:30 AM||
1818 Market Street
Philadelphia, PA 19103
Floor: 16th floor
Parking Information: The Property’s garage is located on South 19th Street, just off of Market Street. Early bird special rate is $22.00
One thing is clear in Philly's commercial real estate market, there is a massive supply of development in the pipeline. So much, that the term oversupply has become a common buzzword in formal and informal conversation.
Demand from millennials and students are driving demand for developments like Schuylkill Yards, and the growth of tenants like Comcast has influenced office construction. However, continued multifamily, mixed-use and office delivery amidst a national rise in vacancy leads one to question if there is enough demand for the supply.
Our all-star panelists will take an in-depth look at the demographics sparking demand in the commercial real estate market, and give all the updates you need on the developments providing the supply they need.
Join us for the premier market update of the year. Add to the conversation on Twitter by using hashtag #BisnowPhilly and follow @BisnowPHILA!
For questions, recommendations, comments, or press inquiries please email our Philadelphia event producer, James Shearin at James.Shearin@Bisnow.com.