Vacancy remains below 5% as late-year availability rises MECHANICSBURG, PA — January 12, 2026 — Lee & Associates of Eastern Pennsylvania, LLC, in partnership with Focus Central PA, announced the release of its North Central Pennsylvania Industrial Intel | H2 2025 report, offering a data-driven snapshot of industrial market conditions across the region. Market Snapshot North Central Pennsylvania ended Q4 2025 with vacancy at 4.90%, remaining below 5% as overall market activity continued at a…
Lee & Associates and Focus Central PA Release H2 2025 North Central Pennsylvania Industrial Intel Report
The Eastern Pennsylvania Industrial Market Shows Clear Late-Year Stabilization as 2025 Closes More Balanced Than It Began
Vacancy eased from mid-year highs, Class A demand led performance, and construction activity remains selective heading into 2026. MECHANICSBURG, PA (January 12, 2026) — Lee & Associates of Eastern Pennsylvania has released its Q4 2025 Industrial Intel Market Report, highlighting a region that ended 2025 on firmer footing than it started. After a softer early-year period, leasing traction improved into year-end and the broader Eastern Pennsylvania industrial market posted a more constructive late-year tone across…
Eastern Pennsylvania Industrial Market Shows Early Signs of Rebalancing as Leasing Picks Up and Construction Moderates
Vacancy declines for the first time in a year amid cautious optimism and steady leasing momentum MECHANICSBURG, PA – October 2025 – The Eastern Pennsylvania industrial market showed signs of rebalancing in the third quarter of 2025, as vacancy declined for the first time in a year and leasing activity strengthened across multiple submarkets, according to the Q3 2025 Eastern Pennsylvania Industrial Intel Report by Lee & Associates of Eastern Pennsylvania. After a slow start…
ModCorr Secures New Facility for Major Manufacturing Expansion in Pennsylvania
Mechanicsburg, PA — July 2025 – Lee & Associates is pleased to announce the successful execution of a long-term lease agreement for ModCorr, LLC within the PNK Park Allenwood at Great Stream Commons (89 Enterprise Blvd, Allenwood, PA). This tenant rep transaction, with Lee & Associates’ Principals Joel Kreider, SIOR, and Ed Skonecki, marks a significant expansion for ModCorr, providing 252,282 square feet of industrial space strategically positioned off Interstate 80 in Allenwood, PA. The…
Lee & Associates of Eastern Pennsylvania releases Q2 2025 Industrial Market Report for the North Central Pennsylvania market.
Strategic Investments Bring Jobs and Industrial Momentum to North Central PA Industrial Market Mechanicsburg, PA — July 2025 — North Central Pennsylvania’s industrial market continues steady, measured growth as new targeted investments bring employment and stability to this smaller, strategically located industrial corridor. Lee & Associates’ Q2 2025 Industrial Intel report shows overall industrial vacancy steady at 5.43% across 292 buildings totaling 52.4 million square feet, reflecting the deliberate pace of the region. Recent developments…
Lee & Associates of Eastern Pennsylvania releases Q2 2025 Industrial Market Report – Leasing Surge Drive Vacancy Lower in Easter Pennsylvania’s Industrial Market
Mechanicsburg, PA — July 2025 — Vacancy in Eastern Pennsylvania’s industrial market held steady at 9.5% in the second quarter of 2025, according to Lee & Associates of Eastern Pennsylvania’s Q2 Industrial Intel report. Strong leasing activity across the region was the key factor stabilizing vacancy, with more than 9 million square feet of new leases signed. Leasing was particularly robust in Southern New Jersey (3 MSF), Central Pennsylvania (2 MSF), and Northeast Pennsylvania (1.5…
Q1 2025 Report Highlights Market Rebalancing as Developers Pull Back, Tenant Demand Evolves, and Long-Term Fundamentals Hold Firm
Mechanicsburg, PA — April 2025 — Lee & Associates of Eastern Pennsylvania has released its Q1 2025 Industrial Intel report, offering a data-driven snapshot of an industrial market in transition. Following an extended period of rapid expansion, the region has clearly entered the hyper-supply phase of the real estate cycle. Total square footage under construction dropped below 16 million square feet this quarter—down 46% from the same time last year, and a steep fall from…
Lee & Associates Partners with Carson Companies to Complete Phase II of Carson33 Project in Lehigh Valley
Plymouth Meeting, PA – February 2025 – Lee & Associates, a leading commercial real estate firm in Eastern Pennsylvania, is proud to announce the successful progression of Phase II of the Carson33 project in collaboration with Carson Companies. This milestone marks the ongoing partnership between Lee & Associates and Carson Companies as they continue to deliver exceptional industrial real estate opportunities in the Lehigh Valley. The Carson33 project is located on Route 33 in Palmer…
American Overhead Door & Dock Finds the Perfect Home at 632 Grammes Lane, Allentown PA
Plymouth Meeting, PA – January 2025 – Activity continues in the Lehigh Valley industrial market. American Overhead Door & Dock LLC has found its new home at 632 Grammes Lane in Allentown, PA. This 14,750-square-foot industrial suite, visible from Route 78, offers unmatched accessibility for the company to expand and better serve its growing customer base. Matt Macdonald and Jimmy Franchetti represented the landlord to establish occupancy on December 1st, 2024. “This location is strategic…