Market Insights Research

PHILADELPHIA (HQ)
Ten Penn Center
1801 Market Street
Suite 550
Philadelphia, PA 19103 
+1 215 925 4600

ALLENTOWN
One Windsor
7535 Windsor Drive
Suite 208
Allentown, PA 18195 
+1 610 770 3600

CONSHOHOCKEN
Eight Tower Bridge
161 Washington Street
Suite 1090
Conshohocken, PA 19428 
+1 610 684 1850

HARRISBURG
300 N. Second Street
Suite 1203
Harrisburg, PA 17101
+1 717 730 3752

WILMINGTON
300 Delaware Avenue
Suite 1014
Wilmington, DE 19801
+1 302 425 4000

 

 

Market insight is the essential ingredient in all of the services we offer. We monitor trends and make projections to help you make critical decisions. Our researchers continuously source and analyze data in every major global market, helping you adapt to drivers outside your industry and region that could impact your business.

Recent Reports

2014 Q4 Industrial Research Report
Q4 2014 Industrial Commercial Real Estate | Research & Forecast Report

Demand Driving Development

The regional industrial markets posted strong gains during the second half of 2014. Annual absorption was at the highest levels since 2005 and the vacancy rate decreased from 8.7 percent at the end of the second quarter to 8.1 percent. Southern New Jersey, Montgomery and Delaware counties in Pennsylvania, and Northern Delaware remained above 10 percent, but the balance of submarkets had single-digit vacancy rates.

2014 Q4 Office Research Report
Q4 2014 Office Commercial Real Estate | Research & Forecast Report

Gaining Traction

The regional office market sustained a moderate upswing during the second half of 2014. Key office-using sectors such as Financial and Business/Professional Services showed employment growth in both the Allentown-Bethlehem-Easton and the Philadelphia-Camden-Wilmington metro areas. Prevailing trends toward consolidation, densification and space efficiencies continued to constrain occupancy growth, but the market absorbed over 1.6 million square feet more than in 2013.

2014 Q4 Retail Research Report
Q4 2014 Retail Commercial Real Estate | Research & Forecast Report

Fluctuating Vacancy

The regional retail vacancy rate increased from 7.5 to 7.7 percent during the last two quarters of 2014 following a decrease during the first half. The re-occupancy of some larger vacant anchors was offset by the closing of additional Acme supermarkets, Macy’s and Sears-Kmart stores. Competition from e-retailers and “showrooming” will continue to hurt vulnerable bricks and mortar retailers. Additionally, the sale of Bottom Dollar to Aldi Foods may result in multiple store vacancies in 2015. Aldi has yet to announce which stores will remain open under its banner.

Gaining Traction

Q4 2014 Office Market Research Joseph Fetterman

Q4 2014 Office Market Research & Forecast Report

Joseph Fetterman

Executive Vice President, Strategic Initiatives

Fluctuating Vacancy

Q4 2014 Retail Market Report Michael Barmash

Q4 2014 Retail Market Research & Forecast Report

Michael Barmash

Senior Vice President & Principal

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