Mechanicsburg, PA – Lee & Associates of Eastern Pennsylvania, LLC, in partnership with Focus Central PA, announced the release of its North Central Pennsylvania Industrial Intel | H1 2026 report, offering a data-driven snapshot of industrial market conditions across the region. The report shows overall vacancy edged higher to 5.17% at the end of the second quarter, driven in part by four new vacancies totaling approximately 173,000 square feet. Even with that increase, conditions remain…
Greater Philadelphia Industrial Market Continues to Normalize as Vacancy Declines and Development Activity Remains Disciplined
Mechanicsburg, PA – Lee & Associates of Eastern Pennsylvania has released their Q2 2026 Industrial Intel market report. Findings from the report indicate the Greater Philadelphia industrial market appears to have transitioned into a new phase of its market cycle characterized by normalization. Vacancy continues to decline, leasing activity remains healthy, construction has moderated, and the development pipeline has become more balanced following several years of rapid expansion. Regional vacancy declined to 8.24% during the…
Lee & Associates’ Pennsylvania Research Internship Program Introduces Students to Commercial Real Estate
Lee & Associates’ Pennsylvania offices are using a research-led internship program to give students direct exposure to the data, relationships, and real-world experience that shape commercial real estate. Commercial real estate is a relationship business, but informed conversations depend on strong market intelligence. Across Lee & Associates’ Pennsylvania offices, that belief is shaping an internship program designed to give students a practical introduction to the industry. Now in its third year, Lee & Associates’ Research…
Lee Pennsylvania Offices Honored at 2026 Lee Summit for Research Excellence and Leadership
At the 2026 Lee Summit held in Nashville, Tennessee in June, the Lee & Associates Pennsylvania offices were recognized with two honors that reflect the strength of its team and the role that it continues to play across the Lee North American platform. The Lee Pennsylvania offices received the Excellence in Research Award, while Brian Knowles, CCIM, SIOR, President and Managing Principal of Lee & Associates of Eastern Pennsylvania, LLC received the Leaders of Lee award….
Lee & Associates Announces First Lease at Florence Food Center
Florence Township, NJ welcomes Seashore Fruit & Produce Co. as the first tenant in newly redesigned Florence Food Center facility. PLYMOUTH MEETING, PA., May 4, 2026 — Lee & Associates of Eastern Pennsylvania has announced the first lease at the Florence Food Center, a specialized refrigerated and food processing facility in Florence Township, New Jersey. Seashore Fruit & Produce Co. has signed a lease for 41,846 square feet at the property, marking an early milestone…
Eastern PA Industrial Market Continued to Stabilize in Q1 as Vacancy Declined and Leasing Activity Remained Active
MECHANICSBURG, PA. April 14, 2026 — Lee & Associates of Eastern Pennsylvania reported continued improvement across the Greater Philadelphia region industrial market in the first quarter of 2026, as vacancy declined to 8.44%, positive absorption continued, and a more disciplined construction pipeline helped ease pressure from the post-COVID development cycle. The Q1 report tracks the region’s six primary submarkets: Central Pennsylvania, Lehigh Valley, Northeastern Pennsylvania, Metro Philadelphia, Southern New Jersey, and Delaware. According to the…
Lee & Associates and Focus Central PA Release H2 2025 North Central Pennsylvania Industrial Intel Report
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…
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…