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Cap Rates Under 3.5% Emerge in Philadelphia’s Industrial Market for the First Time

Buyers Are Competing Aggressively Over a New Generation of Logistics Facilities
CoStar Analytics
October 14, 2021 | 7:40 P.M.

Philadelphia’s industrial market continues to break records, with leasing running well ahead of new construction and rent growth of 12% over the past 12 months, ranking it among the fastest of any major market in the United States.

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News | Cap Rates Under 3.5% Emerge in Philadelphia’s Industrial Market for the First Time