🎧 City of Brotherly Builds Pod #9 - Episode Description

The Greater Philadelphia CRE Market: Industrial Boom Meets Office Reality Check

Welcome to Episode #9 of City of Brotherly Builds, your essential podcast for commercial real estate insights across Greater Philadelphia, South Jersey, and Wilmington, Delaware. Hosts Alex and Ben dive deep into the region's most compelling real estate stories shaping our market today.

🏭 INDUSTRIAL MARKET ON FIRE Discover why Greater Philadelphia just ranked #4 nationally and #1 on the East Coast for industrial real estate. We break down Maersk's massive 1.2 million square foot lease at Box Park Logistics Center in Cinnaminson—the region's largest industrial deal of 2025. Plus, learn about PhilaPort's strategic $90 million acquisition of 152 acres with rail facilities and PNK Group's ambitious 270,000 sq ft logistics development in Camden County.

🏢 OFFICE MARKET CHALLENGES The sobering reality: Philadelphia's CBD vacancy rate hit a record 21.9% in Q1 2025. We explore the "flight to quality" trend, remote work's lasting impact, and what this means for the city's economic future. Are office-to-residential conversions the answer?

🏘️ MULTIFAMILY & MIXED-USE RESILIENCE From Jefferson Apartment Group's 500-unit J Centra delivery to the success of Eagleview's live-work-play model, we examine how suburban development is thriving while traditional downtown struggles.

💼 SPONSOR MESSAGE In commercial real estate, an office space isn't just a place to work—it's a reflection of your brand. Sunrise Signs partners with CRE professionals to bring that identity to life through bold, meaningful visual environments. Whether it's mission statement murals, logo installations, or vibrant wall graphics, they craft spaces that inspire teams and leave lasting impressions. Visit sunrisesigns.com to see how branding your workplace can elevate your business.

🎯 KEY TAKEAWAYS:

• Philadelphia added 4.1M sq ft of new industrial space in Q1 2025
• Industrial vacancy at 7.9% with prices rising from $116 to $129/sq ft
• Office investment sales up 30.7% to $133M in first half of 2025
• Regional transformation reflecting changes in how we shop, work, and live

Duration: 7 minutes, 10 seconds

#PhiladelphiaCRE #CommercialRealEstate #SouthJersey #WilmingtonDE #IndustrialRealEstate #OfficeMarket #LogisticsRealEstate #PhillyRealEstate #CREPodcast #RealEstateNews #PropertyDevelopment #Warehousing #MultifamilyDevelopment #MixedUse #CityOfBrotherlyBuilds #PhilaPort #Maersk #RealEstateInvesting #CREIndustry #GreaterPhiladelphia #RealEstateTrends #PropertyMarket #CommercialProperty #RealEstateAnalysis #SunriseSigns #CRESponsorship

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