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Philadelphia MarketBeat Reports

Michael Hanes • 4/11/2024
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

 

Learn more about our local markets and property types by clicking our most recent Philadelphia MarketBeat reports below.

 

Current Marketbeats

Office MarketBeat Report
Q1 2024 Philadelphia CBD Office Report

Philadelphia CBD office vacancies grew in the Central Business District (CBD) to 20.6% by the end of the first quarter. Net absorption recorded a large negative figure (-578,770 square feet (sf))

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Office MarketBeat Report
Q1 2024 Philadelphia Suburban Office Report

Overall vacancy grew by 80 basis-points to 21.4% in the first quarter of 2024, the highest vacancy rate since 2005 in the Philadelphia suburbs.

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Industrial MarketBeat Report
Q1 2024 Philadelphia Industrial Report

The Philadelphia market industrial leasing in Q1 2024 proved a strong showing for the beginning of the new year, showcasing an 18.7% annual increase, while totaling 2.3 million square feet (msf) and driven primarily by a 137.3% increase in Southern New Jersey activity.

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Industrial MarketBeat Report
Q1 2024 PA I-81 & I-78 Corridor Industrial Report

PA Corridor’s industrial market region The overall vacancy rate in PA Corridor’s industrial market dropped by 50 bps quarter over quarter (QOQ) to 5.7% in Q1 2024 as vacant construction deliveries tapered off.

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Featured Insights: Current U.S. MarketBeats

US-MarketBeat-webcard-Q1-2024---OFFICE
MarketBeat

U.S. Office Reports

Access the latest quarter commercial real estate results for the office sector nationally. MarketBeat reports analyze quarterly market activity including supply, demand and pricing trends.
David Smith • 4/12/2024
Industrial MarketBeat Q1 2024
MarketBeat

U.S. Industrial Reports

Access the latest quarter commercial real estate results for the U.S. industrial sector. MarketBeat reports analyze quarterly market activity including supply, demand and pricing trends.
Jason Price • 4/12/2024
US-MarketBeat-webcard-Q1-2024---RETAIL
MarketBeat

U.S. Shopping Center Reports

Access the latest quarter commercial real estate results for the retail sector nationally. MarketBeat reports analyze quarterly market activity including supply, demand and pricing trends.
James Bohnaker • 4/12/2024

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