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Vacancy rate of industrial big-box property in Eastern PA Tri-State (Pennsylvania-New Jersey-Delaware) from 2009 to 2023

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Source

Release date

July 2024

Region

North America, United States

Survey time period

2013 to 2023; as of H2 of each year

Supplementary notes

*Figures before 2019 refer to Eastern PA-Southern NJ

Figures collected from multiple publications by the source.

Citation formats

Vacancy rate of industrial big-box property in Eastern PA Tri-State 2009-2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Oct 28, 2024

The vacancy rate of big-box warehouses in Eastern Pennsylvania Tri-State (Pennsylvania-New Jersey-Delaware) rose sharply in 2023, after falling to a record low in 2021. In 2023, about *** percent of big-box industrial and logistics properties were vacant, up from the percent in 2022, when the vacancy rate was at its lowest. Despite the increase, the vacancy rate in the Eastern PA-Southern NJ big-box market was lower than the average for the country. Big-box buildings refer to large industrial buildings used for distribution. 

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