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Commercial Real Estate Market Information

The Coldwell Banker Commercial brand has commercial real estate market statistics to help you find out specifics about your local commercial real estate market. Whether you are looking for market trends or information on commercial real estate market size, we have the market reports you need. Get the information you need to make informed commercial real estate decisions by checking out our commercial real estate market reports. If you did not find the commercial real estate market information you were looking for contact us today!

Coldwell Banker Commercial® Reports

Opportunity Zones & Taxes

Opportunity Zones & Taxes

What are Opportunity Zones? The real estate industry is buzzing about this new program which allows private investment in country’s distressed communities. CBC brings you a quick overview to help you understand what they are and how investors can use them for their benefit.

CBC Blue Book

CBC Blue Book

The CBC organization is proud to present its 2018 Year-End Blue Book!

The Blue Book is a helpful market report with information brought to you by the true “on the ground” experts – the professionals of the CBC organization from all over the world.

Market Report: Retail Repurposing

Market Report: Retail Repurposing

Up to 80 percent of Americans do at least some shopping online. As Americans shift the way they shop, retailers that have not adapted to the changing environment are closing their doors, with the list of failing brand names growing each year.

Market Report: Student Housing

Market Report: Student Housing

Healthy demand and numerous shifts in student housing trends have transformed the property sector. Once overlooked by investors for fear of poorly maintained properties and high turnover, this asset class has become resilient, boasting handsome returns.

Regional Summaries

Select a state to view available market snapshots

Philadelphia, PA

Apartment
The 225,199-unit metro Philadelphia apartment market vacancy rate is 4.2% in the second quarter of 2019, essentially unchanged for the period and a year earlier. During the second quarter of 2019 both the average asking rent and the average effective rent surged 1.5% to $1,399 per month asking and $1,336 per month effective. The year-over-year gains are large at 5.5% and 4.9%, respectively. VIEW APARTMENT LISTINGS >
Industrial
The Philadelphia industrial market came roaring back in the second quarter of 2019, as both the 252-million-square-foot warehouse/distribution market and the 48.2-million-square-foot Flex/R&D market had strongly positive net absorption after negative first quarters. Reis reports a 7.3% vacancy rate for warehouse/distribution space in metro Philadelphia in the second quarter, down 10 basis points from the prior quarter and up 10 from a year earlier. For warehouse/distribution space, both the average asking rent and the average effective rent fell 0.2% during the period to $4.96 psf and $4.59 psf, respectively. The year-over-year gains were reduced to 1.4% asking and 1.3% effective. The local Flex/R&D vacancy rate is 10.0%, down 40 basis points over three months and unchanged over twelve months. For Flex/R&D, the second quarter saw the asking average rise 0.4% to $7.73 psf and average effective rent increase 0.3% to $7.09 psf. The year-over-year gains are 0.7% and 0.9%, respectively. VIEW INDUSTRIAL LISTINGS >
Office
The 112.7-million-square-foot metro Philadelphia general purpose, multi-tenant office market vacancy rate was 13.4% in the second quarter of 2019, up 10 basis points for the period alone and up 30 from a year earlier. Both the average asking rent and the average effective rent increased 0.9% in the second quarter of 2019, and each is up 2.2% year-over-year. The second quarter averages were $27.91 psf asking and $22.98 psf effective. VIEW OFFICE LISTINGS >
Retail
Philadelphia's second quarter 2019 community-neighborhood shopping center vacancy rate is 11.1%, down 20 basis points for the period and down 40 over six months. The rate, however, is still up 20 basis points year-over-year. Community-neighborhood center rents picked up in the second quarter along with occupancy. The average asking rent increased 0.4% to $21.44 psf, while the average effective rent rose 0.5% to $19.13 psf. The year-over-year increase is weak at 0.9% by both measures, following the even weaker gains of 0.3% asking and 0.4% effective for all of 2018. VIEW RETAIL LISTINGS >

Source: Data provided by Reis, Inc. based on Market Summaries for the 85 Primary and Secondary Markets they cover.