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 »
Posts Tagged: Philadelphia commercial real estate
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 »
Select Top Lease Signings in the Philly Industrial Space Market
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 »
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 »