Family Office Briefing on research bySavills·Jul 24, 2024
Philadelphia Q2 2024 Industrial Market Report
Philadelphia industrial vacancy increased to 8.4% in Q2 2024 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 8.4% |
| Asking Rental Rate | 12.27$/sf |
| Net Absorption | 0.7msf |
| Under Construction | 14.8msf |
| Deliveries | 1.7msf |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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