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Mixed-Use Office & Hotel Tower
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2929 Walnut St, Philadelphia, PA 19104

49-story, 725-foot tower offering office space with lobby-level retail and dedicated amenities including fitness and conference room.

Space Size6,546 SF - 25,303 SF
Days on Market93

Property Features for 2929 Walnut St

General Information

Standard status Active
Size 6,546 SF - 25,303 SF
Class Trophy
Total Parking Spaces 1665
Property subtype office

Site & Location

Neighborhood West Philadelphia
Highway Access Yes

Additional Details

Multifamily Units 268

Amenities

Conference Room
Greenspace
Fitness
Hotel
Public Transit
Retail & Restaurants

Building Details

Stories 49

Spaces For Lease

at 2929 Walnut St Contact us

Available Space 30 Days

Floor 11th
Size 6,546 SF
Type Office
Term 5/31/2032
Sublease Yes
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Available Space 30 Days

Floor 18th
Size 25,303 SF
Type Office
Term Negotiable
Sublease Yes
Contact us

Available Space 30 Days

Floor 19th
Size 25,284 SF
Type Office
Term Negotiable
Sublease Yes
Contact us

Available Space 30 Days

Floor 20th
Size 25,265 SF
Type Office
Term Negotiable
Sublease Yes
Contact us

Available Space 30 Days

Floor 21st
Size 25,248 SF
Type Office
Term Negotiable
Sublease Yes
Contact us
Listing Agency: Philadelphia
Listed By: John Leubecker · License #RS334355
Source: Property.jll
Added: Jul 24 Changed: Oct 7 Last Checked: Oct 23 at 3:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Philadelphia

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Investment Insights

Based on property information with market context.

Positioned at 2929 Walnut St, this 49-story, 725-foot mixed-use tower integrates office, residential and hotel components with retail and restaurant uses. The building features a dedicated ground-floor lobby with professional concierge service and includes lobby-level dining with outdoor seating, catering and room service. Additional on-site amenities include a conference room, greenspace and fitness.

The property provides access to major regional routes and transit, including proximity to 30th Street Station, Interstates 76 and 676, and the Schuylkill River Trail, with PHL Airport reachable by rail in approximately 15 minutes. A complimentary shuttle loops through Market Street to City Hall and down the Walnut Street corridor. A nearby parking facility offers 1,665 vehicle spaces and multiple bike racks, with a porte-cochere at the building entrance for car service drop-off and valet.

The tower also includes an elevated urban park experience via Cira Green, located 95 feet above street level with views of the city skyline. Architectural highlights noted in the property materials include design by Pelli Clarke Pelli Architects.

Key Highlights

  • 49‑story, 725‑foot tower with office space plus lobby‑level retail and dedicated amenities
  • 268 ultra‑luxury residential units and extended‑stay corporate suites on floors 29 through 46
  • Pelli Clarke Pelli Architects design with LEED‑based sustainable architecture

Property Analytics

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Current Use

AKA University City ... Apartment Building Garnet Captive Insurance Agency Watchtower Property Co. Property Management Company Iron Stone Real ... Construction Company Wharton Alumni Relations Academic Department

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Fish Market Auto Parts Store Butcher Tanning Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

268
Residential units
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

9,902
Businesses Nearby

Demographics for 19104, PA

56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Philadelphia, PA

14.2% 2019
14.1% 2020
16.2% 2021
19% 2022
20.5% 2023
19.6% 2024
19.7% 2025

Frequently Asked Questions

What type of property is this?
Office building - 49-story, 725-foot tower offering office space with lobby-level retail and dedicated amenities including fitness and conference room.
Where is this office building located?
The property is located at 2929 Walnut St Philadelphia, PA.
What are key features of this property?
This property features: 49‑story, 725‑foot tower with office space plus lobby‑level retail and dedicated amenities; 268 ultra‑luxury residential units and extended‑stay corporate suites on floors 29 through 46; Pelli Clarke Pelli Architects design with LEED‑based sustainable architecture
More about this property
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