Posts Tagged: Philadelphia commercial properties

Deliveries, Construction and Inventory in the Philly Industrial Space Market

Three new Philadelphia industrial buildings delivered to the Philly industrial space market in the fourth quarter 2014, bringing 327,200 square feet of new Philadelphia industrial space to the market, the CoStar Group reported in its latest market trend report. In comparison, the third quarter 2014 saw the Philly industrial space market grow with the delivery… Read more »

Vacancy Rate for Philadelphia Industrial Space Drops

The market for Philadelphia industrial space ended the fourth quarter 2014 with a decease in the vacancy rate to 8.1%, according to a new market trend report from the CoStar Group. The Philly industrial space vacancy rate was down over the third quarter.  Net absorption for the fourth quarter was positive 2,191,632 square feet of… Read more »

Philly Industrial Space to Benefit from Demand for Warehouse Space

Soaring demand for modern, bulk warehouse space stands to benefit the Philly industrial space market as well as other key distribution markets in the nation, the CoStar Group reports. “Investor demand for warehouse and logistics properties is limited only by the current shortage of modern new buildings available to buy,” CoStar analysts said at the… Read more »

Philly Industrial Space Deliveries, Construction and Inventory.

Four new Philadelphia industrial buildings were completed in the Philly industrial space market in the third quarter 2014, adding 906,337 square feet of new Philadelphia industrial space to the market, a new report from the CoStar Group said. In comparison, 10 Philly industrial buildings were completed in the Philadelphia industrial space market in the second… Read more »

U.S. and Philly Industrial Space Absorption Likely To Spike in Fourth Quarter

After lackluster demand for U.S. industrial space, which includes Philly industrial space, in the first nine months of 2014, absorption of industrial space in Philadelphia and elsewhere in the U.S. is expected to increase in the last three months of the year as an estimated 50 million square feet of new warehouse and light industrial… Read more »

Philly Industrial Space Vacancy Rate Declines

The vacancy rate for Philly industrial space declined in the third quarter 2014, ending the quarter at 8.3%, according to the CoStar Group’s latest market trend report. The Philadelphia industrial space vacancy rate had been holding steady at 8.6% in the previous two quarters.  Net absorption stood at positive 3,482,534 square feet of industrial space… Read more »

Philly Industrial Space Market to Benefit from Growing Manufacturing Sector

Philadelphia regional manufacturing firms voiced optimism for continued growth as more manufacturers expect to expand their workforce in the next six months — a display of confidence from which the Philly industrial space market is well positioned to benefit. The Federal Reserve Bank of Philadelphia’s September 2014 monthly survey of manufacturing firms in the Philadelphia… Read more »

Philadelphia Industrial Space Deliveries, Construction and Inventory

The completion of eight Philly industrial buildings in the Philadelphia industrial space market brought 3,127.992 square feet of Philly industrial space to the market during the second quarter of 2014, a new market trend report from the CoStar Group said. In comparison, three Philadelphia industrial buildings totaling 214,056 square feet were completed in the Philly… Read more »

Philadelphia Industrial Space Vacancy Rate Unchanged

The Philadelphia industrial space vacancy rate held steady at 8.6% in the second quarter 2014, according to the CoStar Group’s newest market trend report. The second quarter Philly industrial space vacancy rate was unchanged over the first quarter, CoStar’s Second Quarter 2014 Market Report said.  Net absorption totaled positive 3,596,954 square feet of industrial space… Read more »

Philly Industrial Space Vacancy Rate Rises

The vacancy rate in the Philly industrial space market closed the first quarter 2014 at 8.8%, according to a new market trend report from the CoStar Group. The first quarter Philadelphia industrial space vacancy rate increased over the fourth quarter 2013, CoStar said in its First Quarter 2014 Market Report.   Net absorption totaled negative 173,516… Read more »