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Smart real estate is driven by data. Dive into today's trends with these quick, fresh insights.
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February 7, 2025
New product deliveries retreat to pre-pandemic levels across the Philadelphia industrial market Philly's 2024 industrial deliveries dropped 63% to 17.9 msf (vs. 48.4 msf in 2023). Top areas:...
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December 17, 2024
Average under construction building size has fallen 25.3% over the past five years across the Philadelphia industrial market Average under construction building size has fallen 25.3% over the past...
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November 13, 2024
Across Greater Philadelphia, the total available SF for office space remains highest among urban submarkets Across Greater Philadelphia, the total available SF for office space remains highest...
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November 4, 2024
A delta in total vacancy rates among different building size groups has emerged across the Philadelphia industrial market A sharp increase in quarterly deliveries combined with multiple large block...
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September 9, 2024
Across Greater Philadelphia, offices in urban locations have seen the highest rate of visitation following the pandemic https://www.avisonyoung.us/w/friendly-journal-URL Throughout the Greater...
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August 12, 2024
Tuesday leads the pack in office visitation across the Greater Philadelphia market https://www.avisonyoung.us/w/friendly-journal-URL Following the COVID-19 pandemic office visitation across...
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August 1, 2024
Analyzing office visitations vs. leased office space across Greater Philadelphia https://www.avisonyoung.us/w/friendly-journal-URL Following the COVID-19 pandemic, across Greater Philadelphia a...
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June 27, 2024
Total industrial availability across Greater Philadelphia continues to rise due to large increases in sublease availability and ongoing delivery of new product...
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June 11, 2024
PhilaPort sees historical increase in TEU volumes, motions to expand warehousing and logistics capabilities https://www.avisonyoung.us/w/friendly-journal-URL The Port of Philadelphia (PhilaPort)...
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May 30, 2024
Industrial groundbreakings continue facing downward pressure across the Philadelphia market https://www.avisonyoung.us/w/friendly-journal-URL After nearly two years of record-breaking amounts of...
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May 10, 2024
VC/PE Funding is back on the rise across Greater Philadelphia https://www.avisonyoung.us/w/friendly-journal-URL The Philadelphia Metropolitan Statistical Area (MSA) has experienced a 76.5%...
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May 2, 2024
Flight to higher quality office space continued across the Greater Philadelphia market in the first quarter of 2024 https://www.avisonyoung.us/w/friendly-journal-URL A total of 1.68 msf of office...
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March 26, 2024
Philadelphia industrial market fundamentals remain strong amid record new deliveries over the last twelve months Average lease size and average executed rent over the last twelve months by...
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March 12, 2024
Philadelphia Industrial Market Faces Increasing Vacancy Rates Amidst Surge of New Deliveries https://www.avisonyoung.us/w/friendly-journal-URL In the past twelve months the Philadelphia industrial...
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February 26, 2024
The average sale price per square foot growth in the Philadelphia industrial market has reached an inflection point https://www.avisonyoung.us/w/friendly-journal-URL After experiencing five...
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February 16, 2024
Meeting the growing demand for OB/GYN in Philadelphia Investors are racing to meet the rising women's healthcare demand by identifying areas with the greatest need for services....
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February 13, 2024
GPD Growth in Philadelphia MSA Across Office-Using Industries https://www.avisonyoung.us/w/friendly-journal-URL In 2023, GDP growth in office-using industries increased by $5.05 billion or 1.61%,...
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January 25, 2024
Philadelphia industrial new deliveries in 2023 by submarket New industrial product deliveries in Philadelphia are returning to pre-pandemic levels https://www.avisonyoung.us/w/friendly-journal-URL...
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December 15, 2023
Transportation & warehousing expected to drive the growth of industrial GDP across Greater Philadelphia https://www.avisonyoung.us/w/friendly-journal-URL Transportation and warehousing GDP in...
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November 2, 2023
Double digit growth of Transportation and Warehousing Jobs in Philadelphia across the I-95 Corridor in the past 24 months https://www.avisonyoung.us/w/friendly-journal-URL In the past twenty-four...
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October 23, 2023
Industrial development across Philadelphia feels downward pressure as interest rates continue to climb https://www.avisonyoung.us/w/friendly-journal-URL Developers are pumping the breaks on new...
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September 22, 2023
Pennsylvania & New Jersey Office Construction Costs 2022 vs 2023 https://www.avisonyoung.us/w/friendly-journal-URL Construction material costs were at an all-time high in 2022 as demand...
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August 24, 2023
Economic concerns, return to office policies and right-sizing impact all asset classes in downtown Philadelphia https://www.avisonyoung.us/w/friendly-journal-URL Changes in occupancy across all...
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August 11, 2023
VC/PE Funding in Life Sciences across Greater Philadelphia still at record high https://www.avisonyoung.us/w/friendly-journal-URL Philadelphia’s strong reputation across the life sciences sector...
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July 28, 2023
Notable decreases in total job postings for both in-person and remote workers across Greater Philadelphia https://www.avisonyoung.us/w/friendly-journal-URL Total job postings (remote &...