Philadelphia MarketBeat Reports

Casandra Dominguez • 1/15/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

 

Learn more about our local markets and property types by clicking our most recent Philadelphia MarketBeat reports below.

 

The U.S. economy ended the year on an optimistic note. Businesses continued to add jobs at a healthy clip. Employment in the key office-using sectors increased by 150,000 jobs in the fourth quarter. Consumer confidence remains high. Wages are rising faster than inflation, yielding extra spending power, reflected in the 18.8% increase in online shopping over the holiday season.

Current Marketbeats

Office MarketBeat Report
Q4 2019 Philadelphia CBD Office Report

The flight to quality office space persisted in the Philadelphia Central Business District throughout fourth quarter 2019, as more and more tenants are opting for smaller footprints with better building amenities to remain competitive in attracting and retaining key talent.

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Office MarketBeat Report
Q4 2019 Philadelphia Suburban Office Report

Increases in asking rents in the Philadelphia suburban office market are expected to continue in 2020, as tenants are willing to pay more for premium space near mass-transit accessible locations with modern building amenities.

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Industrial MarketBeat Report
Q4 2019 Philadelphia Industrial Report

Philadelphia industrial new leasing activity totaled over 1.7 million square feet (msf) in the fourth quarter 2019, bringing the year-end total to just under 6.0 msf. 

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Industrial MarketBeat Report
Q4 2019 PA I-81 & I-78 Corridor Industrial Report

Leasing activity in the PA I-81 & I-78 Distribution Corridor totaled just over 5.7 million square feet (msf) in the fourth quarter of 2019, with the majority of leasing occurring in the Lehigh Valley submarket. 

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Featured Insights: Current U.S. MarketBeats

Q4 2019 U.S. Office MarketBeat Snapshot
MarketBeat • Office

Office Reports

Remarkably stable vacancy rate reflects solid demand in the fourth quarter of 2019.
Revathi Greenwood • 1/16/2020
Q4 2019 U.S. Industrial MarketBeat Snapshot
MarketBeat • Industrial

Industrial Reports

After a slow start to the year, the industrial market finishes the decade strong.
Carolyn Salzer • 1/16/2020
Q4 2019 U.S. Retail MarketBeat Snapshot
MarketBeat • Retail

Shopping Center Reports

2019 ended on a positive note with consumer spending rising at a healthy pace and retail sales up.
Garrick Brown • 1/17/2020

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