A market analysis of office space in Philadelphia and its surrounding suburbs.
Written in 2005; 1,551 words; 5 sources; APA; $ 50.95
Paper Summary:
This paper provides a market analysis of Philadelphia to determine the condition of the local economy, the competitive supply and demand, and what the overall current and future market will be for Class B office space in Philadelphia. A summary of the research is provided in the conclusion.
From the Paper:
"On the one hand, the economic changes that have shaped Philadelphia since the end of World War II have created a process of decentralization of commercial and residential locations. This decentralization has inordinately affected the minorities in the city, with a large segment of the black population becoming more concentrated in many of the city's neighborhoods to the extent that segregation is more pronounced today than at any time during the last half century (Adams et al. 1991). On the other hand, Philadelphia has enjoyed explosive growth in commercial office construction that has dramatically changed the appearance of the Philadelphia skyline in just a few years."
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