Market Insights Research

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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

MOUNT LAUREL
1317 Route 73
Suite 109
Mount Laurel, NJ 08054
+1 856 234 9300

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.

Regional Reports

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Industrial Report

The continued balance between supply and demand kept regional vacancy stable during the last two quarters of 2017. Twenty-five percent of the newly-delivered spec space was leased prior to completion. The lack of supply and demand build-up has resulted in a scramble for new building sites, both greenfield and infill. Class B and C buildings that have been chronically vacant are now being considered as viable options. Developers who have secured and are upgrading buildings are seeing strong demand for those assets.

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Office Report

The regional office market continued to register moderate improvement overall in 2017, but activity has been sporadic each quarter and varying between submarkets. CBD Philadelphia had positive absorption for the 4th quarter after losing occupancy during the first three quarters. The Pennsylvania suburbs had almost 800,000 square feet of annual absorption, but multiple submarkets had declines in occupancy. Despite overall occupancy gains in Southern New Jersey, New Castle County, and the Lehigh Valley, growth has not been smooth and steady.

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Retail Report

The regional retail market has been adjusting to the pressure from e-commerce and big box retailer instability. In spite of a “terminal” diagnosis, deals are still being done. Although still up from the end of 2016, vacancy decreased during the third and fourth quarters.

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Suburban Office Market 2016 Fall/Winter Report

Suburban Philadelphia 2016 Fall/Winter Report

The Colliers International Suburban Office Market Report is a practical analysis of the greater Philadelphia suburban office market featuring market trends, statistics, and notable transactions.

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Philadelphia
Ten Penn Center 1801 Market Street, Suite 500 Philadelphia, PA 19103 United States | Tel: +1 215 925 4600