The Philly industrial space vacancy rate stood at 8.6% at the end of the fourth quarter 2013, according to a new market trend report from the CoStar Group. The vacancy rate for industrial space in Philadelphia was down over the third quarter 2013, CoStar said. According to CoStar’s Fourth Quarter 2013 Market Report, net absorption… Read more »
Posts By: WCRE
Philly Industrial Space Grows with Completion of Two New Buildings
Philly industrial space grew by 526,590 square feet in the third quarter 2013 with the completion of two industrial buildings in the Philadelphia market area, according to a new market trend report from the Costar Group. As a comparison, Philadelphia industrial space grew by 70,000 square feet in the second quarter 2013 with the completion… Read more »