Posts Tagged: Philadelphia commercial real estate

Philly Mid-Year Industrial CRE Deliveries See Moderate Increase

During the second quarter of 2017, 14 buildings totaling 5,075,807 square feet were completed in the Philadelphia commercial real estate market area. This is roughly 8 percent higher than the 13 buildings totaling 2,848,399 square feet that were completed in the first quarter. There were 15,226,755 square feet of industrial space under construction among Philadelphia… Read more »

Industrial Vacancy Rate in Philly Shows Quarterly Increase

The Philadelphia industrial real estate market ended the second quarter of 2017 with a vacancy rate of 5.9 percent. The vacancy rate was up over the previous quarter, with net absorption totaling positive 1,782,519 square feet in the second quarter. That compares to positive 9,931,174 square feet in the first quarter 2017. Vacant sublease space… Read more »

Philly Industrial Space for Sale in Frackville

Wolf Commercial Real Estate, a premier Philly commercial real estate brokerage firm that specializes in Philadelphia commercial real estate listings and services, is now offering Philly industrial space for sale at 32 Industrial Road Frackville PA. This Philly industrial building for sale provides +/- 137,500 sf of Frackville industrial space for sale.  This Philly industrial… Read more »

Flattening Yields Stifling U.S. and Philly Industrial Sales Volumes

The U.S. and Philadelphia industrial real estate markets are seeing a shortage of bulk warehouse and logistic centers available for sale along with a shift in focus by industrial REITs from acquisition to development. The resultant flattening in yields will likely produce lower investment sales volumes this year throughout the commercial real estate market –… Read more »

Philly Industrial Space for Sale in Delano

Wolf Commercial Real Estate, a leading Philadelphia commercial real estate broker that specializes Philadelphia commercial real estate listings and services, is now offering Philly industrial space for sale at 9 Schultz Drive Delano Pa. This Philadelphia industrial building for sale is a one-story Delano industrial building for sale with approximately 146,300 square feet of Philly… Read more »

Construction Not Keeping Up with Demand in U.S. and Philadelphia Industrial Space Markets

While huge warehouse and distribution mega-boxes get most of the attention from analysts and institutional capital, the unassuming light-industrial market – both across the U.S. and involving Philadelphia commercial properties – has quietly emerged as the sleeper in today’s red-hot U.S. industrial market. At midyear, the overall industrial sector, including industrial space in Philadelphia, led… Read more »

No change reported in Philly Industrial Space Vacancy

The rate of vacancies in the Philly industrial space market finished the initial three months of 2015 at 8%, according to the latest market trend report from the CoStar Group. The first quarter Philadelphia industrial space vacancy rate matched that of the fourth quarter of 2014, CoStar said in its First Quarter 2015 Market Report…. Read more »

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 »