Philly industrial space increased by 764,000 square feet in the fourth quarter 2013 with the completion of four new Philly industrial buildings in the Philadelphia industrial space market, according to a new market trend report from the CoStar Group. In comparison, two Philadelphia industrial buildings totaling 526,590 square feet were completed in the Philadelphia industrial… Read more »
Posts Categorized: Wolf Commercial Real Estate
Philly Industrial Space Vacancy Rate Declines
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 »
