The Greater Hanover Area is on par with the national trend of increasing lease rates coupled with declining vacancy. Vacancy is currently at 3.27%.
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Despite the pandemic, appetite remains for brick-and-mortar stores reflected in a falling vacancy rate and increase in average rent. Retailers ...
Leased square feet is off to a strong start in 2021 and projected to exceed 2020 levels by year end. Leased square feet is already 72% of 2020 ...
Available industrial inventory experienced a net decrease from 4.4 MSF to 4.2 MSF this quarter with an additional 2.2 MSF under construction. ...
Absorption was positive for a second consecutive quarter with more inventory leased than made available. After recovering from a low of -98,000 ...
While the national office market is reeling from effects of the pandemic, there are nuances to the Lancaster Market that differ from the ...
After steadily increasing throughout 2020, net absorption begins the year in positive territory with more inventory being leased than placed on ...
Vacancy decreased for the second consecutive quarter landing at 7.69% in Q4 and averaging 7.67% for the year. The vacancy at the York Galleria ...
Threats from teleworking and staggered scheduling continue amidst the Pandemic but have shown signs of easing heading into 2021. Although leased ...
York County is teeming with inventory with over 4.4 MSF available and an additional 3.89 MSF under construction. While we anticipate seeing many ...
With more inventory leased or removed from the market than made available, absorption recovered from a low -98,000 SF in Q3 to -24,949 SF. This ...
Threats from teleworking, staggered scheduling and desire to reduce rent expense may still prove worrisome as the health crisis continues. ...
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