The select top lease signed in the fourth quarter 2013 in the Philly industrial space market was for 289,843 square feet leased by Knoll, Inc. at 7132 Daniels Drive in the Lehigh Valley submarket, according to the latest market trend report from the CoStar Group. Other significant fourth quarter leases for industrial space in Philadelphia… Read more »
Posts Tagged: Philadelphia commercial properties
Philly Industrial Space Deliveries, Construction and Inventory
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 »
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 »
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 »