Market Reports
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![Market Reports 1 2023 Year-End Greater Hanover Report](https://www.rockrealestate.net/wp-content/uploads/2022/01/Rock-Hanover_2022.jpg)
ROCK's Research team, Drew Steffens and Emily Klingler, offers insight into the Greater Hanover commercial real estate market...
![Market Reports 2 2023 Q4 Industrial Report York County](https://www.rockrealestate.net/wp-content/uploads/2021/09/Market-Reports-Industrial.jpg)
Leasing of new construction is driving record high absorption in 2024...
![Market Reports 3 2023 Q4 Office Report York County](https://www.rockrealestate.net/wp-content/uploads/2021/09/Market-Reports-Office.jpg)
Although dropping to a five-year low, the rate of vacancy decrease has been slowing...
![Market Reports 4 2023 Q4 Retail Report York County](https://www.rockrealestate.net/wp-content/uploads/2021/09/Market-Reports-Retail.jpg)
Although increasing 22 basis points, vacancy remains below 6%, on par with national figures...
![Market Reports 5 2023 Q4 Industrial Report Lancaster County](https://www.rockrealestate.net/wp-content/uploads/2021/09/Market-Reports-Industrial.jpg)
Vacancy remains below 2.5%, dropping 8 bps from Q3 2023...
![Market Reports 6 2023 Q4 Office Report Lancaster County](https://www.rockrealestate.net/wp-content/uploads/2021/09/Market-Reports-Office.jpg)
Demand for healthcare continues to drive development with 56,000 SF of medical office under construction...
![Market Reports 7 2023 Q4 Retail Report Lancaster County](https://www.rockrealestate.net/wp-content/uploads/2021/09/Market-Reports-Retail.jpg)
Automotive properties accounted for 40% of sale transactions and 47% of sale volume in 2023...
![Market Reports 8 2023 Q3 Industrial Report York County](https://www.rockrealestate.net/wp-content/uploads/2021/09/Market-Reports-Industrial.jpg)
Vacancy is relatively unchanged from last quarter and has settled to pre-pandemic norms...
![Market Reports 9 2023 Q3 Office Report York County](https://www.rockrealestate.net/wp-content/uploads/2021/09/Market-Reports-Office.jpg)
Current leased square feet exceeds 2020 and 2022 totals, but absorption remains negative year-to-date...
![Market Reports 10 2023 Q3 Retail Report York County](https://www.rockrealestate.net/wp-content/uploads/2021/09/Market-Reports-Retail.jpg)
Although nearly 120,000 SF of vacant space was added to the retail market in Q3, vacancy remains unchanged...
![Market Reports 11 2023 Q3 Industrial Report Lancaster County](https://www.rockrealestate.net/wp-content/uploads/2021/09/Market-Reports-Industrial.jpg)
About 135,000 SF is due by the end of the year, and roughly 1.6MSF is proposed for the county overall...
![Market Reports 12 2023 Q3 Office Report Lancaster County](https://www.rockrealestate.net/wp-content/uploads/2021/09/Market-Reports-Office.jpg)
Health care is driving construction activity accounting for 82% of square feet under construction...