Philadelphia commercial real estate
A Very Good Year for Commercial Real Estate
With 2014’s increase in pricing levels and occupancies, vacancies that remained near cyclical lows, and rent growth that registered significant gains across property sectors and regions, commercial real estate enjoyed […]
Read More....U.S. Construction Spending Hits Six-Year High
U.S. construction spending rose in all three sectors — commercial, public and residential — in December 2014, with total construction spending ending the year at the highest level since the […]
Read More....Demand for U.S. Office Space to Remain Strong for Two Years
Fueled by falling vacancy rates and rising rents in an increasing number of submarkets, demand for U.S. office space is expected to remain at post-recession highs through 2016, a new […]
Read More....Philly Office Space Vacancies Unchanged as Fourth Quarter Ends
Vacancies in the Philly office space market remained steady at the end of the fourth quarter 2014, closing out the year at 10.8%, according to a new market trend report […]
Read More....South Jersey Commercial Real Estate Market Sails from Strong 2014 into Strong 2015
With several large employers planning to relocate to Camden, NJ and improvements in key indicators across the board, South Jersey commercial real estate market experienced an overall strong year in […]
Read More....Commercial Property Pricing and Property Sales Activity Still Rising
Property pricing trends continued their upward climb in October, according to a new report from the CoStar Group. The CoStar Commercial Repeat Sale Indices (CCRSI) said commercial property values, including […]
Read More....Commercial Real Estate Lending Soars at U.S. Banks
Commercial real estate lending has ballooned at U.S. banks with more than $100 billion in new loans added to the books in the past four quarters, up 6.6% to a […]
Read More....Young Clientele Drives Market for Center City Philly Retail Space
Millennials, young families, office workers and tourists are driving the increasingly vibrant Center City Philadelphia retail scene, sparking renewed interest in Philly retail space among local and national retailers. A […]
Read More....Third Quarter Philly Retail Space Deliveries, Construction and Inventory
Five new Philadelphia retail buildings delivered to the market for retail space in Philly in the third quarter 2014, adding 80,793 square feet to the Philadelphia retail space market, a […]
Read More....National Office Space Vacancies Stable in Third Quarter
The national office space vacancy rate, which includes the Philadelphia office space market, stood firm at 16.8 percent in the third quarter 2014, remaining unchanged for the entire year at […]
Read More....U.S. Construction Buoyed by U.S. Commercial Real Estate Spending
U.S. construction spending was flat in September, but spending on office, hotel, retail and other U.S. commercial real estate projects provided positive results, a new U.S. Census Bureau report says. […]
Read More....Philadelphia Industrial Space Vacancy Rate Drops
The Philadelphia industrial space vacancy rate dropped to 8.3% in the third quarter 2014, according to the newest trend report from the CoStar Group. The third quarter vacancy rate for […]
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