Skip to main content Skip to footer

2022 Q2 Philadelphia Regional Retail Report

Download Report
2022Q2Retailsitecorehero_1536x1040

Key Market Trends

  • The regional vacancy rate decreased from 9.5% to 8.8%, the lowest in two years.
  • Banks and chain drugs continued to right size their footprints, but overall there were fewer mass store closing
  • Asking rents have remained stable, and the regional average increased to $17.80 NNN
  • Investment volume almost doubled from the last two quarters of 2021.

Subscribe to Greater Philadelphia research reports 


2022Q2Retailsitecoresearch_1024x972

2022 Q2 Philadelphia Regional Retail Report

Download Report
Related Experts

Rose Penny

Market Research Director | Philadelphia

Philadelphia

Rose serves as Market Research Director at Colliers and is a member of the Colliers International Research Council.  She is responsible for the compilation, analysis, and dissemination of all market data for the firm.  She is also responsible Colliers Research Reports for Philadelphia, as well as detailed market studies on more than 500 million square feet of commercial real estate in Pennsylvania, New Jersey and Delaware.  Rose produces detailed demographic studies, maintains an extensive database of lease and sale transactions and assists in the preparation of tax studies and opinions of value.

View expert

Luke Nachazel

Market Research Analyst

Philadelphia

Luke works as a Market Research Analyst at Colliers in our Philadelphia Office.  His duties include: compiling and analyzing market data, contributing to Colliers Research Reports, as well as assisting the Brokerage Teams across the Pennsylvania, New Jersey, and Delaware offices.

View expert