Marcus & Millichap’s 4th Quarter Multifamily Research Market Report for the Philadelphia Metro Area has been released. Vacancy declines and rents rise in Northeast Philadelphia, due partly to subdued construction. Developers continue to target familiar areas, with Center City Philadelphia, the Norristown/Merion area, and Wilmington seeing the largest share of deliveries.
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.