Skip to main content Skip to footer

Suburban Philadelphia Industrial Report Q3 2022

Download Report
MicrosoftTeamsimage (1)

Suburban Philadelphia Industrial Market

Key Trends

  • Vacancy dropped further into record low territory at 3.3%.
  • Although down from 2Q, absorption was a solid 578,851 square feet.
  • Asking rents rose by 4.1%.
  • Sales volume increased from the slow second quarter but was still below the quarterly totals of the last two years.

Want to make sure you never miss another report? Click here!


2022Q3SuburbanPhiladelphiaIndustrialReport_SitecoreSearch_1024x972

Suburban Philadelphia Industrial Report Q3 2022

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