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

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

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

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

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



Market Research

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.

Local Market Research

Suburban Philadelphia 2016 Fall/Winter Report
Suburban Philadelphia Office Market

This report, prepared exclusively by the brokers of the Suburban Philadelphia Office Division of Colliers International, is intended to provide a practical, hands-on analysis of the local sub-markets and the major players within them.

Recent Reports

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2016 Year-End Industrial Commercial Real Estate Research & Forecast Report

"Growing" Demand

The regional industrial market had a strong performance during the last two quarters of 2016. In addition to the existing demand drivers of e-commerce, food, electronics and consumer products, a new sector emerged: medical marijuana growers. In Pennsylvania, potential growers and processors are seeking locations in advance of license approvals. In excess of 21.6 million square feet of new construction was completed in 2016, 8.3 MSF of which was in the fourth quarter alone. This was higher than the annual totals for each year from 2009 through 2013.

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2016 Year-End Office Commercial Real Estate Research & Forecast Report

Landlord's Market

The regional office market had a solid, but not stellar performance in 2016. The vacancy rate decreased from the end of the second quarter, but ended the year at the same level as 2015. The largest lease deals were lateral moves within the market, renewals, or build-to-suit transactions that have not yet impacted absorption. There was stronger Class B absorption in a few submarkets but, overall, the flight to quality buildings was still prevalent. As the Class A supply continues to decrease, Class B buildings, particularly those that have been upgraded, are likely to have increased activity in 2017.

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2016 Year-End Retail Commercial Real Estate Research & Forecast Report

An Evolving Retail Mix

Despite challenges facing brick and mortar retail, regional shopping center vacancy continued to trend downward during the last two quarters of 2016. New and expanding grocery chains, off-price apparel, home furnishing stores, and fitness chains took down multiple vacant anchor spaces. The retail mix within centers has been evolving to include a greater mix of service, medical, fitness, and entertainment tenants. Supermarkets are increasingly adding in-store dining options to attract customers. This is particularly noticeable in Pennsylvania due to relaxed beer and wine sale restrictions and the auction of expired liquor licenses to supermarkets.

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After an extensive search, David and his team located the site and solved our requirement with a build-to-suit bond lease that met our financial, operational, and location requirements. Colliers' perseverance and creativity were key to a successful project. David continues to be a trusted advisor.Dennis Wilson Manager of Real Estate at PECO

Colliers at a Glance

Revenue: $2.6 billion*
Countries: 68
Professionals: 15,000
Square Feet Managed: 2 billion
Lease/Sale Transactions: 72,000
Total Transaction Value: $105 billion
* All statistics are for 2016, are in U.S. dollars and include affiliates.

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