Marcus & Millichap’s 3rd Quarter Multifamily Research Market Report for the Philadelphia Metro Area has been released. High rents in the urban core are prompting more renters to look toward the suburbs, improving performance in those areas. The high demand in suburban submarkets is luring more developers away from the downtown, to areas that have not seen as many deliveries in recent years.
Click the link below to view the full report. If you would prefer to view a hard copy of the report, or if you would like to view a report for a market other than Philadelphia, please give us a call at 215-531-7019.