Market Trends, Tenant Demands, and Logistics

Philadelphia’s industrial market saw a strong start to 2019 behind a strong economy that added over 34,000 jobs in Q1 of 2019. Vacancy rates managed to fall from 4.1% in Q4 of 2018 to 3.6% even with 1.3 msf being delivered in Q1 of 2019.

Demand is outpacing supply, fundamentals are strong, and construction is booming. As consumers continue to demand their goods at a faster speed logistics as well as prime location industrial space have become the name of the game. With rents only going up, new and innovative ideas are helping to get the most bang for your buck.

Join us and our all star line up of industry experts as we dive into these topics and more!