Posts Tagged: Philadelphia commercial real estate broker

First Quarter Report: Strong Start for South Jersey Commercial Real Estate

Propelled by fourth quarter 2014’s growing momentum, the South Jersey commercial real estate market kicked off the year on a robust note, according to a new quarterly market report from Wolf Commercial Real Estate, a leading Philly commercial real estate brokerage firm with expertise in South Jersey and Philadelphia commercial real estate listings and services,… Read more »

Philadelphia Retail Space Vacancy Rate Holds Steady at Year End

Philadelphia retail space vacancies were virtually unchanged in the fourth quarter 2014, according to new market analysis from the CoStar Group. The vacancy rate for Philly retail space stood at 5.9% at quarter’s end, only slightly higher than the third quart’s 5.8%  vacancy rate for retail space in Philadelphia, according to CoStar’s Fourth Quarter 2014… Read more »

Young Consumers Propel Vibrant, Downtown Philadelphia Retail Space Market

Millennials, young families, office workers and tourists are behind the increasingly vibrant Center City Philadelphia retail scene, propelling local and national retailers to take a greater  interest in the Philadelphia retail space market, a new report says. The demand and buying power of this young clientele has brought a diverse group of retailers to the… Read more »

Third Quarter Philly Retail Space Deliveries, Construction and Inventory

Philly retail space increased in the third quarter 2014 with the completion of five new Philadelphia retail buildings, which added 80,793 square feet to the market for retail space in Philadelphia, according to a new market trend report from the CoStar Group. Over the past four quarters, retail space in Philly grew by 842,776 square… Read more »

Philly Retail Space Vacancy Rate Stable in Third Quarter

The vacancy rate for Philly retail space remained stable in the third quarter 2014, a new market report from the CoStar Group says. The Philadelphia retail space vacancy rate stood at 5.9% at the end of the third quarter — the same rate for retail space in Philly at the end of the second quarter… Read more »

Philadelphia Retail Space Deliveries, Construction And Inventory

Philadelphia retail space expanded by 66,506 square feet in the second quarter 2014 with the completion of eight Philadelphia retail buildings in the Philly retail space market, a new market trend report from the CoStar Group says. In the past four quarters, total retail space in Philadelphia has grown by 1,197,460 square feet, according to… Read more »

Philadelphia Retail Space Vacancy Rate Near Steady

The Philadelphia retail space vacancy rate changed only slightly in the second quarter 2014, ending the quarter with a 5.9% vacancy rate for retail space in Philly, a new market report from the CoStar Group says. The Philly retail space vacancy rate was at 6.0% at the end of the first quarter, CoStar reported.  Net… Read more »

Philly Retail Space Vacancy Rate Drops

Market conditions improved slightly in the Philly retail space market in the first quarter 2014 as the vacancy rate for retail space in Philadelphia dropped to 6.0%, according to the latest market report from the CoStar Group. The vacancy rate for retail space in Philly had been 6.2% in the fourth quarter 2013, CoStar reported. … Read more »

Top Lease Signings for Philly Retail Space

The select top lease signed in the fourth quarter 2013 in the Philly retail space market was for Wishing Well Plaza in the North Burlington County submarket, where ShopRite leased 90,000 square feet, according to a market trend report from the CoStar Group.  Fameco Real Estate represented the landlord for this significant deal in the… Read more »

Philly Retail Space Deliveries, Construction and Inventory

Philly retail space grew by 252,369 square feet in the fourth quarter 2013 as 15 Philadelphia retail buildings were completed, according to a market trend report from the CoStar Group. That increase brings the total retail space in Philly completed over the past four quarters to 1,008,403 square feet, according to CoStar’s Fourth Quarter 2013… Read more »