Industrial | Lancaster
Although experiencing the highest vacancy rate in two years, vacancy remains 127 basis points below the national average. Absorption is negative...
Lancaster | Office
Sales persist despite a rising vacancy rate and environment of negative absorption. Investors are betting on future upside either in confidence ...
Lancaster | Retail
Vacancy drops 28 basis points hitting a two-year low. There is a significant lack of large vacancies hitting the market...
Greater Hanover | Industrial | Office | Retail | York
ROCK's Research team, Drew Steffens and Katie Spurrier, offers insight into the Greater Hanover commercial real estate market...
Industrial | York
Vacancy is up 46 basis points since last quarter; the second consecutive increase following a five-year low of 2.39% in 2022. After peaking in 2021...
Office | York
Vacancy rate begins to level decreasing only 12 basis points. Absorption remains negative year-to-date as more square feet...
Retail | York
Vacancy increases for second consecutive quarter following five-year lows dropping below 5% last year. Absorption is negative year-to-date...
Industrial | Lancaster
Vacancy increased for a second consecutive quarter following a two-year decline but remains 250 basis points below the nationwide average of...
Lancaster | Office
Downsizing remains a significant factor for leasing decisions as average unit size is down 58% compared to 2019. Vacancy begins upward movement ...
Lancaster | Retail
Median unit size over past five years is between 1,800-2,000 SF. 43% of available inventory is within this size range. High demand, low vacancy, and...
Industrial | York
Vacancy rate increased for the first time since Q1 2021. After decreasing only 6 basis points in Q3, vacancy ticked upward 44 basis points in Q4...
Office | York
New vacancies are outpacing leased square feet, and the office market is working harder to absorb the vacant space...