Office occupancy rates have reached new heights in King of Prussia, writes Paul Schwedelson for the Philadelphia Business Journal. 

Data from CoStar indicates an 89.3 percent occupancy in Upper Merion Township office buildings, the highest since 2011, though smaller and owner-occupied buildings aren’t included in this figure.  

The area’s appeal is boosted by its rich array of amenities, including dining, retail, and entertainment options, which King of Prussia District CEO Eric Goldstein believes are key to its success. 

As the largest office submarket outside Philadelphia, King of Prussia has seen a steady increase in occupancy since late 2022.  

The area has been attracting significant new leases, such as UGI Corp.’s and Eigen X’s recent commitments. 

The district has adapted well to the new demand for hybrid and remote work setups, which have become a permanent feature of the corporate landscape.  

This adaptability is partly why King of Prussia has been able to maintain and grow its occupancy rates despite ongoing fluctuations in the office space market. 

Read more about the King of Prussia district’s growing occupancy rates in the Philadelphia Business Journal.  

TRUE Cost Of Living in King Of Prussia, Pennsylvania